Learn auditing standards from the most up-to-date, user-friendly accounting text on the market! Providing a valuable reference for accounting and auditing professionals, 2006 AUDITING STANDARDS explains the authoritative standards in simple and easy-to-understand language, provides definitions of key terms, and clearly and completely reviews and summarizes all requirements of authoritative standards. This practical and effective how-to guide keeps you abreast of the latest standards and equips you with the understanding for precise application.
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The headlines swirling around Enron, Arthur Andersen, WorldCom and others have sparked concerns about the quality and quantity of financial information provided by both public and private entities. Generally Accepted Auditing Standards are constantly changing. A failure to stay current - or mistakes in applying the standards - can have disastrous effects. This practical and effective how-to guide keeps professionals in accounting, auditing, consulting and financial management up to date on all aspects of accepted auditing standards. With special emphasis on practical applications, Generally Accepted Auditing Standards offers full, easy-to-understand explanations of the authoritative standards and all their requirements.
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