Auditing, an Integrated ApproachAuditing and Integrated Approach emphasizes the auditor's decision making process to give you the head-start you will need in your careers. Arens and Loebbecke believe the most fundamental concepts in auditing relate to determining the nature and amount of evidence the auditor should accumulate in the unique circumstances of the engagement. If the auditor understands the objectives to be accomplished in a given audit area, the circumstances of the engagement, and the decisions to be made, he/she will be able to determine the appropriate evidence to gather how to evaluate the evidence obtained. |
Contents
AN OVERVIEW OF AUDITING | 1 |
THE ENVIRONMENT OF AUDITING | 29 |
3 | 64 |
Copyright | |
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accepted accounting principles accepted auditing standards accounts payable accounts receivable acquisition and payment adjusting entries AICPA adapted amount assets audit evidence audit procedures audit tests auditor auditor's report balance sheet date bank reconciliation billing cash disbursements cash receipts Chapter checks client confidence level confirmation considered control account Corporation cost CPA firm cutoff December 31 determine direct tests disclosure discussed documents duplicate sales invoice effect employees engagement evaluate examination example expense financial statements fraud Hillsburg important included independent internal control internal verification level of assurance liability manufacturing material ment opinion overall payroll percent performed personnel population prepared professional public accounting purchase records Required responsibility sales journal segregation of duties selected statistical sampling subsidiary ledger substantive tests system of internal tests of transactions tion trial balance upper precision limit vendor's invoices verify