Contemporary Auditing

Knapp, Michael C.

ISBN 10: 0357515404 / ISBN 13: 9780357515402

Published by Cengage Learning, 2021

About this Item

Has a sturdy binding with some shelf wear. May have some markings or highlighting. Used copies may not include access codes or Cd's. Slight bending may be present. Seller Inventory # GBV.0357515404.G

Bibliographic Details

Title: Contemporary Auditing

Publisher: Cengage Learning

Publication Date: 2021

Binding: Soft cover

Condition: good

About this title

Synopsis:

Prepare for the challenging responsibilities in public accounting today as Knapp’s CONTEMPORARY AUDITING, 12E exposes you to a variety of high-risk audits. Numerous high-profile and current cases teach you to recognize red flags common in accounting fraud, including missing documents, porous or nonexistent internal controls and implausible relationships between key financial statement items and financial data that are literally "too good to be true." You also examine the most common causes of failures in independent audits: client personnel who intentionally subvert an audit or auditors who fail to follow professional responsibilities. This edition discusses and dissects challenging circumstances that arise in audits to prepare you to handle problematic situations in your own career. You acquire an understanding of auditing standards, audit procedures and ethical principles related to independent auditing that can translate to improved performance on the CPA exam and even career success.

About the Author:

Michael Knapp has taught undergraduate and graduate auditing courses for more than 35 years. He has developed dozens of online CPE courses that focus on a wide range of auditing topics, including the COSO internal control framework, the most common types of accounting frauds and the impact cognitive biases have on the quality of professional audit services. Professor Knapp has also testified in several major litigation cases involving accounting and auditing issues. For three years he served as a consultant with the FBI on a major white-collar criminal case. He has spoken at a national conference attended by more than 500 FBI agents and other federal law enforcement officers. His honors at the University of Oklahoma include, among many others, the Harold E. Hackler Outstanding M.B.A. Professor (determined by a vote of O.U.’s M.B.A. students), the Outstanding Oklahoma Accounting Educator (awarded by the Oklahoma Society of C.P.A.s), the Delta Sigma Pi Professor of the Year (awarded by the O.U. undergraduate business students’ honor society), the David Ross Boyd Professorship (a university-wide designation for teaching excellence awarded to one professor annually) and the McLaughlin Chair in Business Ethics.