Audit and Assurance Essentials: For Professional Accountancy Exams, + Website, 1st Edition

  • Published By:
  • ISBN-10: 1118454162
  • ISBN-13: 9781118454169
  • DDC: 657.45
  • Grade Level Range: 12th Grade +
  • 508 Pages | eBook
  • Original Copyright 2013 | Published/Released June 2014
  • This publication's content originally published in print form: 2013

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Auditing and assurance is a fundamental area of the financial world and a mandatory element of all professional accountancy syllabuses. However, the basic concepts of auditing can be problematic and students can sometimes be overwhelmed by premature immersion in detail. This user-friendly book is designed for those taking professional examinations in accounting, and covers the core concepts of professional auditing and assurance syllabuses (for example those of the ACCA and ICAEW), with an emphasis on key knowledge and basic application skills. It does not seek to be a comprehensive treatment of the subject; rather it is a useful primer in the basic concepts of audit and assurance, which are handled in simple, clear terms. Covering material relevant to students both inside and outside the UK, it works in harmony with the training material produced by established learning providers by giving a firm foundation upon which the more advanced material can build.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
1: Auditors, Audits and Other Types of Assurance and Passing the Exam First Time.
2: Taking on Professional Work and Maintaining Standards.
3: Housekeeping: Planning, Materiality and Documentation.
4: The Core of the Audit.
5: Corporate Governance, Professional Liability, Regulation and Other Current Issues.
6: Audit Reporting.
7: Fraud, Money Laundering, Forensic Accounting, Financial Instruments.
8: The Wider Framework: Assurance, Other Engagements, Audit Quality and Quality Control.
9: Smaller Entity Audits, Reviews, Compilations, Agreed–upon Procedures Engagements, Not–for–profit Engagements.
10: Other Assurance Engagements.
IAASB Standards and Related Guidance Covered in this Publication.