Auditing and Assurance Services: An Intergrated Approach and ACL Software: International Edition - Softcover

Arens, Alvin A.; Elder, Randal J.; Beasley, Mark S.

9780132452250: Auditing and Assurance Services: An Intergrated Approach and ACL Software: International Edition

Softcover

ISBN 10: 0132452251 ISBN 13: 9780132452250

Publisher: Pearson, 2007

Arens, 12e teaches the fundamental concepts of auditing, integrates those concepts throughout an audit, and shows the importance of auditing in today’s environment

Arens’ integrated concepts approach shows students the auditing process from start to finish. It uses an illustrative example of key audit decisions for a public company (Hillburg Hardware) audit throughout the book, emphasis on audit planning, including risk assessment processes and evaluating internal controls, and collecting and evaluating evidence in response to risks, prepares students for real-world audit decision making.

In addition, the best coverage of internal controls on the market helps students keep up-to-date with the current emphasis on testing and reporting on internal controls in today’s Sarbanes-Oxley environment. Arens is the most current book in a very dynamic market. The authors continue to provide up to date content, even between editions.

"synopsis" may belong to another edition of this title.

From the Back Cover:

New: Sarbanes-Oxley Act of 2002 and related SEC and PCAOB rulemakings integrated into every chapter.
New: Updated material for changes in the auditing profession resulting from recent corporate scandals:
1. Bankruptcy of Andersen, LLP
2. Shifting of auditing standards-setting to the Public Company Accounting Oversight Board (PCAOB)
3. Spin-off of consulting
4. Greater focus on internal controls
New: Chapter on Fraud (11) added to this edition. Expanded coverage of this topic includes new mid-chapter fraud vignettes in each chapter.
New: Increased coverage of Reporting on Internal Controls in Chapter 10, Internal Control and Control Risk.
New: 4-color insert of the Hillsburg Hardware Company "Annual Report." The insert provides financial statements and background information to support the Hillsburg Hardware Integrated Case that appears throughout the text.
New: Redesigned and integrated audit practice case (Pinnacle Manufacturing) that spans multiple chapters. Students apply concepts addressed in the audit planning and execution phase of the audit.
New: Expanded supplements package includes practice sets, case manuals, and auditing assignments using Excel.
www.prenhall.com/arens