Over the past few years, we have seen unprecedented changes in the auditing profession, including congressional hearings about the accounting profession and the passage of the Sarbanes-Oxley Act of 2002. The goal of the fifteenth edition of Principles of Auditing and Other Assurance Services is to provide you with a clear perspective of the new auditing environment.
How do we do this?
1. Balanced presentation. This text provides a carefully balanced presentation of auditing and assurance theory and practice. Real company examples are integrated throughout the text to bring this material to life. Keystone Computers and Networks, Inc., the text's illustrative audit case, is integrated into selected chapters, providing students with hands-on audit experience.
2. Clarifying the changes to the profession. The authors have included all the new legal standards changes affecting the auditing profession to provide students with the most current and up-to-date auditing text available.
3. Maintaining a clear perspective. The Online Learning Center provides instructors and students with a wealth of material to help keep students up-to-date. The OLC also contains quizzes and other resources to help students in this course.
Just as the cover provides a clear perspective of the environment outside Principles of Auditing and Other Assurance Services , 15/e, will provide your students with a clear perspective of the new auditing environment.
O. Ray Whittington
Table of Contents
The Role of the Public Accountant in the American Economy
Legal Liability of CPAs
Audit Evidence and Documentation
Planning the Audit; Linking Audit Procedures to Risk
Consideration of Internal Control in an Information Technology Environment
Cash and Financial Investments
Accounts Receivable, Notes Receivable, and Revenue
Inventories and Cost of Goods Sold
Property, Plant, and Equipment: Depreciation and Depletion
Accounts Payable and Other Liabilities
Debt and Equity Capital
Auditing Operations and Completing the Audit
Integrated Audits of Public Companies
Additional Assurance Services: Historical Financial Information