Auditing and Assurance Services
Published on 16. April 2012
Book
Paperback/Softback
700 pages
978-0-07-712969-9 (ISBN)
Description
Auditing & Assurance Services, First South African Edition, combines a genuine international perspective with South African examples and coverage of the landmark changes within the South African auditing environment.
Key features include:
South African content - The authors weave regionally specific content and examples throughout the text and cover the changes to the regulatory and corporate governance environment in South Africa.
International perspective - Professional practice and regulation all over the world is driven by international events and initiatives. The clarified ISAs are fully integrated into the chapters with international real-world cases used to illustrate concepts and application.
Systematic approach - The text gives students a deep understanding and working knowledge of fundamental auditing concepts and how they are applied. The core foundation of the text and its focus on critical judgements and decision-making processes prepare students for today's complex and dynamic audit environment.
Student engagement - A student-friendly writing style and a variety of real-life examples make the text easily accessible. Each chapter ends with a comprehensive variety of materials to apply and test students' understanding of acquired knowledge.
Key features include:
South African content - The authors weave regionally specific content and examples throughout the text and cover the changes to the regulatory and corporate governance environment in South Africa.
International perspective - Professional practice and regulation all over the world is driven by international events and initiatives. The clarified ISAs are fully integrated into the chapters with international real-world cases used to illustrate concepts and application.
Systematic approach - The text gives students a deep understanding and working knowledge of fundamental auditing concepts and how they are applied. The core foundation of the text and its focus on critical judgements and decision-making processes prepare students for today's complex and dynamic audit environment.
Student engagement - A student-friendly writing style and a variety of real-life examples make the text easily accessible. Each chapter ends with a comprehensive variety of materials to apply and test students' understanding of acquired knowledge.
More details
Persons
Cornelie Crous is a lecturer at the Centre for Accounting at the University of the Free State. She received her B.Acc Hons in 2001 and qualified as a Chartered Accountant in 2005 after completing her articles at PricewaterhouseCoopers Inc. Ms Crous has been the lecturer for the 3rd year B.Acc students at the University of the Free State for the past three years and has also been involved with the CTA program from time to time. She received the senior award for the best achievement in Teaching and Learning in the Economic and Management Sciences Faculty of the University of the Free State for the 2010 academic year. During her time at PWC she has been seconded to Cleveland, Ohio, USA for a period of nine months during which time she was also involved in the SOX audit of Goodyear Tyres as well as the training of the new intake of articled clerks in Chicago. She also delivered a peer review paper at the 2009 International Business Conference in Zanzibar on research that she has done on the new Companies Act no. 71 of 2008, in South Africa.
Jana Lamprecht is a lecturer at the Centre for Accounting at the University of the Free State. She received her B.Compt degree at the University of the Free State in 1998 and her B.Compt.Hons at the University of South Africa in 1999. She qualified as a Charted Accounted in 2000 after completing her articles at PricewaterhouseCoopers Inc. During her articles she was seconded to PricewaterhouseCoopers London Embankment Place for four months - where she was involved in the BT CellNet and Penguin Books audit. She started her academic career at the University of the Free State in 2001. In 2003 she visited the DePaul University in Chicago Illinois to attend a summer school. She taught auditing to B.Acc third year from 2001 to 2008; she has been teaching auditing to B.Acc Hons students since 2008. She was awarded the Senior Top Achiever: Teaching and Learning in the Faculty Economic and Management Sciences in 2005 and was awarded the Junior Excellence in Teaching award at the University of the Free State in 2010. She has been a member of the Council and the Audit committee of the National Museum, Bloemfontein since 1 July 2005.
Professor Aasmund Eilifsen is Director of the Graduate Auditing Program and Professor at the Department of Accounting, Auditing, and Law at the Norwegian School of Economics and Business Administration.
Professor William F. Messier, Jr. holds the Kenneth and Tracy Knauss Endowed Chair in Accounting at the Department of Accounting, University of Nevada, Las Vegas. He is also the PricewaterhouseCoopers Professor II at the Department of Accounting, Auditing and Law at the Norwegian School of Economics and Business Administration.
Professor Steven M. Glover is the Mary & Ellis Professor of Accounting at the Marriott School of Management, Brigham Young University.
Professor Douglas F. Prawitt is the Glen Ardis Professor of Accountancy at the Marriott School of Management, Brigham Young University.
Jana Lamprecht is a lecturer at the Centre for Accounting at the University of the Free State. She received her B.Compt degree at the University of the Free State in 1998 and her B.Compt.Hons at the University of South Africa in 1999. She qualified as a Charted Accounted in 2000 after completing her articles at PricewaterhouseCoopers Inc. During her articles she was seconded to PricewaterhouseCoopers London Embankment Place for four months - where she was involved in the BT CellNet and Penguin Books audit. She started her academic career at the University of the Free State in 2001. In 2003 she visited the DePaul University in Chicago Illinois to attend a summer school. She taught auditing to B.Acc third year from 2001 to 2008; she has been teaching auditing to B.Acc Hons students since 2008. She was awarded the Senior Top Achiever: Teaching and Learning in the Faculty Economic and Management Sciences in 2005 and was awarded the Junior Excellence in Teaching award at the University of the Free State in 2010. She has been a member of the Council and the Audit committee of the National Museum, Bloemfontein since 1 July 2005.
Professor Aasmund Eilifsen is Director of the Graduate Auditing Program and Professor at the Department of Accounting, Auditing, and Law at the Norwegian School of Economics and Business Administration.
Professor William F. Messier, Jr. holds the Kenneth and Tracy Knauss Endowed Chair in Accounting at the Department of Accounting, University of Nevada, Las Vegas. He is also the PricewaterhouseCoopers Professor II at the Department of Accounting, Auditing and Law at the Norwegian School of Economics and Business Administration.
Professor Steven M. Glover is the Mary & Ellis Professor of Accounting at the Marriott School of Management, Brigham Young University.
Professor Douglas F. Prawitt is the Glen Ardis Professor of Accountancy at the Marriott School of Management, Brigham Young University.
Content
Part 1 - Introduction
1 An Introduction to Assurance and Financial Statement Auditing
2 The Financial Statement Auditing Environment
Part 2 - Concepts, Planning and Sampling
3 Audit Evidence, Documentation and CAATs
4 Professional Ethics and Quality Control
5 Stages of the Audit Process
6 Pre-engagement Activities and Terms of Engagement
7 Assessing the Risk of Material Misstatement Through Understanding the Entity and its Environment
8 Materiality, Audit Strategy and Audit Plan
9 Internal Control and the Auditing of Internal Control Over Financial Reporting
10 Computer Systems, General Controls and Application Controls
11 Audit Sampling
Part 3 - Auditing Business Processes
12 Auditing the Revenue Process in a Computerized System
13 Auditing the Purchasing Process in a Computerized System
14 Auditing the Human Resource Management Process
15 Auditing the Inventory Management Process
16 Auditing the Finance/Investing Process: Prepaid Expenses; Intangible Assets and Goodwill; and Property, Plant and Equipment
17 Auditing the Financing/Investing Process: Long-Term Liabilities, Shareholders' Equity and Statement of Comprehensive Income
18 Auditing the Financing/Investing Process: Cash and Investments
Part 4 - Completing the Audit and Responsibilities
19 Completing the Audit Engagement
20 Reports on Audited Financial Statements
21 Corporate Governance and Corporate Law
22 Assurance, Related Services and Internal Auditing
1 An Introduction to Assurance and Financial Statement Auditing
2 The Financial Statement Auditing Environment
Part 2 - Concepts, Planning and Sampling
3 Audit Evidence, Documentation and CAATs
4 Professional Ethics and Quality Control
5 Stages of the Audit Process
6 Pre-engagement Activities and Terms of Engagement
7 Assessing the Risk of Material Misstatement Through Understanding the Entity and its Environment
8 Materiality, Audit Strategy and Audit Plan
9 Internal Control and the Auditing of Internal Control Over Financial Reporting
10 Computer Systems, General Controls and Application Controls
11 Audit Sampling
Part 3 - Auditing Business Processes
12 Auditing the Revenue Process in a Computerized System
13 Auditing the Purchasing Process in a Computerized System
14 Auditing the Human Resource Management Process
15 Auditing the Inventory Management Process
16 Auditing the Finance/Investing Process: Prepaid Expenses; Intangible Assets and Goodwill; and Property, Plant and Equipment
17 Auditing the Financing/Investing Process: Long-Term Liabilities, Shareholders' Equity and Statement of Comprehensive Income
18 Auditing the Financing/Investing Process: Cash and Investments
Part 4 - Completing the Audit and Responsibilities
19 Completing the Audit Engagement
20 Reports on Audited Financial Statements
21 Corporate Governance and Corporate Law
22 Assurance, Related Services and Internal Auditing