Frequently Asked Questions in International Standards on Auditing, 1st Edition

  • Published By:
  • ISBN-10: 1118765389
  • ISBN-13: 9781118765388
  • DDC: 657.45
  • Grade Level Range: College Freshman - College Senior
  • 480 Pages | eBook
  • Original Copyright 2014 | Published/Released August 2014
  • This publication's content originally published in print form: 2014

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Auditing has hit the headlines over recent years, and for all the wrong reasons, and in todays environment, the result of negligent auditing can be serious resulting in sizeable fines and even withdrawal of audit registration which can be costly in terms of fee income. Frequently Asked Questions in International Standards on Auditing presents the relevant standards in a concise and jargon-free way, enabling auditors to appreciate the reasoning behind the standards and undertake audit work effectively. This book focuses on the main areas of the auditing standards and also addresses some key areas where audit firms are failing and which have been flagged up by audit regulators. The FAQs cover the main parts of each standard, and each question will be answered in a practical context, with worked examples showing how the standards are applied in real situations.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
About the Author.
Frequently Asked Questions.
1: What Is the Role of the International Auditing and Assurance Standards Board?.
2: Frequently Asked Questions.
3: Test Your Knowledge.
4: Answers.
5: Additional Recommended Reading.
Summaries of IFRS and IAS.
Illustrative Audit Tests.