Auditing concepts and applications : a risk-analysis approach / Larry F. Konrath.

CONTENTS

An overview of auditing
definition of auditing
why independent auditing is necessary
generally accepted auditing standards
independent auditing versus internal auditing
e.tc

Professional responsibility
introduction
definition of quality
codification of professional standards
e.tc

Auditor's legal liability
introduction
types of liability
sources of audit liability
e.tc

Audit evidence and materiality / audit programs and audit workpapers
introduction
characteristics of audit evidence
audit objectives
audit evidence and related auditing procedures
materiality and audit evidence
e.tc

Audit risk analysis
introduction
audit risk defined
components of audit risk
quantifying audit risk
e.tc

Internal control: concepts
internal control system defined
components of internal control
internal control policies and procedures relevant to an audit
e.tc

Internal control: assessment of control risk
the reason for the auditor's assessment of control risk
the auditor's approach to assessing control risk
design of substantive audit programs
e.tc

Internal control and EDP
audit approaches
types of EDP accounting systems
kinds of EDP controls
e.tc

Statistical sampling for testing control procedures
sampling applications in auditing
statistical sampling versus non statistical sampling
statistical sampling and audit judgement
etc.

Statistical sampling for substantive testing
introduction
approaches to variables sampling
mean per unit (MPU)
e.tc

Substantive audit testing: revenue cycle
substantive testing versus tests of controls
review of the audit process
overview of substantive testing
e.tc

Substantive audit testing: expenditure cycle
substantive audit testing: financing and investing cycle and completing the audit field work
Audit reports
other accounting services
operational and governmental compliance auditing

Includes index.