Prepare students for the dramatic changes in auditing by using the new decision-making framework in Rittenberg/Johnstone/Gramling's AUDITING: A BUSINESS RISK APPROACH, 7th EDITION which emphasizes business risk, internal controls, and the professional judgment processes.
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"The authors' emphasis on the regulatory environment, the importance of understanding the organization and its environment along with related risks, the integrated approach to auditing, and the impact of technology to the auditing profession are right on target. COSO has been emphasizing the integrated audit for decades now and it is finally catching on."
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