Auditing and assurance services / Timothy J. Louwers . . . [ET AL.]

Contents

Part I: The Contemporary Auditing Environment
Chapter 1: Auditing and Assurance Services
User demand for reliable information
Auditing, attestation, and assurance services
Management's assertions embodied in the financial statements
etc.

Chapter 2: Professional Standards
Practice standards
Generally accepted auditing standards
Attestation and assurance standards
etc.

Chapter 3: Management Fraud and Audit Risk
Introduction
Management fraud overview
Consideration of fraud in a financial statement audit
etc.

Part II: The Financial Statement A
Chapter 4: Engagement Planning
Introduction
Preengagement arrangements
Understanding the client's business
etc.

Chapter 5: Internal Control Evaluation
Management versus auditor responsibility for internal control: The sarbanes-oxley act of 2002
Internal control: defined
Components of internal control
etc.

Chapter 6: Employee Fraud and the audit of cash
Employee fraud overview
Conditions that make employee fraud possible, even easy
Fraud prevention
etc.

Chapter 7: Revenue and Collection Cycle
Overall audit approach
Inherent risks in the revenue and collection cycle
Revenue and collection cycle: Typical activities
etc.

Chapter 8: Acquisition and Expenditure Cycle
Inherent risks in the acquisition and expenditure cycle
Acquisition and expenditure cycle: Typical activities
Audit evidence in management reports and data files
etc.

Chapter 9: Production Cycle
Phar-Mor, Inc.
Inherent risks in the production cycle
Typical activities
etc.

Chapter 10: Finance and Investment Cycle
Inherent risks in the finance and investment cycle
Finance and investment cycle: Typical activities
Control risk assessment
etc.

Chapter 11: Completing the Audit
Overview
Procedures performed during fieldwork
Responsibilities after the audit reports have been issued
etc.

Chapter 12: Reports on Audited Financial Statements
Overview
Reports accompanying the company's financial statements
Reports on the company's financial statements
etc.

Includes bibliographical references and index