Auditing Concepts And Methods: A Guide To Current Theory and Practice - Hardcover

Carmichael, Douglas; Willingham, John; Schaller, Carol

Hardcover

ISBN 10: 0070110581 ISBN 13: 9780070110588

Publisher: McGraw-Hill Education, 1995

Synopsis

The Sixth Edition of this highly-regarded text offers a new chapter on the legal liabilities of accountants. In addition, the text has been thoroughly updated to reflect the most current auditing standards and practices. The goal of the text is to outline the role of audits in business and government and to familiarize students with professional audit standards that apply in auditing practice, including GAAS, quality control, and ethics as well as outside constraints such as litigation.

About this title

From the Publisher

The text remains one of the most concise presentations available. This brevity allows professors increased flexibility.

The text carefully blends and balances an emphasis on conceptual material with technical content.

A distinct emphasis on audit risk assessment familiarizes students with the modern risk-based approach to performing audits (see Chapters 4, 5 and 7).

The text offers comprehensive coverage of audit sampling by integrating statistical sampling techniques with the audit approach (see Chapter 8).

Computerized audit systems are emphasized throughout. Chapter 6 provides particularly important coverage.

An emphasis on financial statement assertions and audit objects helps provide the "why" behind audit programs and procedures.

Pedagogy includes learning objectives at the opening of every chapter, worked examples, illustrations of auditing reports, work papers, and client representation letters as well as flow charts, end-of-chapter exercises and problems.

The text can be supplemented with computerized audit packages such as McGraw-Hill's Micro, Inc. or award-winning SCADIII software.
1. A new chapter (Chapter 3) on legal liabilities has been added to this edition.

2. Many new cases have been added to this edition, especially in Chapters 1 through 7.

3. All of the latest standards pronouncements have been integrated into the new edition.

About the Author

Carmichael is the Wollman Distinguished Professor of Accounting at Bernard M. Brauch College.

Edition details

• Publisher: McGraw-Hill Education
• Publication date: 1995
• Language: English
• ISBN 10: 0070110581
• ISBN 13: 9780070110588
• Binding: Hardcover
• Edition number: 6
• Number of pages: 621