1. The Role of the Public Accountant in the American Economy

2. Professional Standards

Appendix 2A Comparison of International Standards of Auditing with AICPA Auditing Standards

3. Professional Ethics

4. Legal Liability of CPAs

5. Audit Evidence and Documentation

6. Audit Planning, Understanding the Client, Assessing Risks, and Responding

Appendix 6A Selected Internet Addresses

Appendix 6B Examples of Fraud Risk Factors

Appendix 6C Illustrative Audit Case

7. Internal Control

Appendix 7A Antifraud Programs and Control Measures

8. Consideration of Internal Control in an Information Technology Environment

9. Audit Sampling

Appendix 9A Probability-Proportion-to-Size Sampling

Appendix 9B Audit Risk

10. Cash and Financial Investments

11. Accounts Receivable, Notes Receivable, and Revenue

Appendix 11A Illustrative Audit Case

Appendix 11B Illustrative Audit Case

12. Inventories and Cost of Goods Sold

13. Property, Plant, and Equipment: Depreciation and Depletion

14. Accounts Payable and Other Liabilities

Appendix 14A Illustrative Audit Cases

15. Debt and Equity Capital

16. Auditing Operations and Completing the Audit

17. Auditors’ Reports

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