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
Kurt Pany

Table of Contents

1. The Role of the Public Accountant in the American Economy
2. Professional Standards
3. Professional Ethics
4. Legal Liability of CPAs
5. Audit Evidence and Documentation
6. Planning the Audit; Linking Audit Procedures to Risk
7. Internal Control
8. Consideration of Internal Control in an Information Technology Environment
9. Audit Sampling
10. Cash and Financial Investments
11. Accounts Receivable, Notes Receivable, and Revenue
12. Inventories and Cost of Goods Sold
13. Property, Plant, and Equipment: Depreciation and Depletion
14. Accounts Payable and Other Liabilities
15. Debt and Equity Capital
16. Auditing Operations and Completing the Audit
17. Auditors' Report
18. Integrated Audits of Public Companies
19. Additional Assurance Services: Historical Financial Information
20. Additional Assurance Services: Other Information
21. Internal, Operational, and Compliance Auditing

Welcome to the Instructor's portion of your Online Learning Center. Here you will have access to all of the Instructor and Student resources as provided within this website.