基本信息出版社：Pearson Education (US)
页码：872 页
出版日期：2009年03月
ISBN：0132458934
International Standard Book Number：0132458934
条形码：9780132458931
EAN：9780132458931
版本：Global ed of 13th revised ed
装帧：平装

内容简介 For the core auditing course for accounting majors. This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educators around the world to include content which is especially relevant to students outside the United States. Comprehensive integration of the fundamental auditing concepts. Auditing and Assurance Services: An Integrated Approach presents an integrated concepts approach that shows students the auditing process from start to finish. This text prepares students for real-world audit decision making by using illustrative examples of key audit decisions, with an emphasis on audit planning, risk assessment processes and collecting and evaluating evidence in response to risks. This edition maintains its dedication to providing the most up-to-date information on new auditing standards and includes international coverage as well as coverage of PCAOB Auditing Standard No. 5.
目录
Preface xi PART 1 The Auditing Profession 1. The Demand for Audit and Other Assurance Services 3 Learning Objectives 3 Nature of Auditing 4 Distinction Between Auditing and Accounting 6 Economic Demand for Auditing 6 Assurance Services 8 Types of Audits 13 Types of Auditors 15 Certified Public Accountant 17 Summary 18 Essential Terms 18 Review Questions 19 Multiple Choice Questions from CPA Examinations 20 Discussion Questions and Problems 21 Internet Problem 1-1: Sarbanes--Oxley Act Internal Control Reporting Requirements 24 2. The CPA Profession 25 Learning Objectives 25 Certified Public Accounting Firms 26 Activities of CPA Firms 27 Structure of CPA Firms 28 Sarbanes--Oxley Act and Public Company Accounting Oversight Board 30 Securities and Exchange Commission 31 American Institute of Certified Public Accountants (AICPA) 32 Generally Accepted Auditing Standards 33 Statements on Auditing Standards 36 International Standards on Auditing 37 Quality Control 37 Summary 39 Essential Terms 40 Review Questions 41 Multiple Choice Questions from CPA Examinations 41 Discussion Questions and Problems 43 Internet Problem 2-1: International Auditing and Assurance Standards Board 44 3. Audit Reports 45 Learning Objectives 45 Standard Unqualified Audit Report 46 Combined Reports on Financial Statements and Internal Control Over Financial Reporting Under Section 404 of the Sarbanes--Oxley Act 49 Unqualified Audit Report with Explanatory Paragraph or Modified Wording 51 Departures from an Unqualified Audit Report 55 Materiality 56 Discussion of Conditions Requiring a Departure 59 Auditor's Decision Process for Audit Reports 63 Impact of E-Commerce on Audit Reporting 65 Summary 65 Essential Terms 66 Review Questions 66 Multiple Choice Questions from CPA Examinations 67 Discussion Questions and Problems 69 Internet Problem 3-1: Research Annual Reports 74 4. Professional Ethics 75 Learning Objectives 75 What Are Ethics? 76 Ethical Dilemmas 77 Special Need for Ethical Conduct in Professions 80 Code of Professional Conduct 81 Independence 85 Independence Rule of Conduct and Interpretations 88 Other Rules of Conduct 93 Enforcement 100 Summary 100 Essential Terms 102 Review Questions 102 Multiple Choice Questions from CPA Examinations 103 Discussion Questions and Problems 104 Cases 107 Internet Problem 4-1: PCAOB Disciplinary Actions 110 5. Legal Liability 111 Learning Objectives 111 Changed Legal Environment 112 Distinguishing Business Failure, Audit Failure, and Audit Risk 113 Legal Concepts Affecting Liability 114 Liability to Clients 116 Liability to Third Parties Under Common Law 119 Civil Liability Under the Federal Securities Laws 121 Criminal Liability 125 The Profession's Response to Legal Liability 127 Protecting Individual CPAs from Legal Liability 128 Summary 129 Essential Terms 130 Review Questions 131 Multiple Choice Questions from CPA Examinations 131 Discussion Questions and Problems 133 Case 137 Internet Problem 5-1: SEC Enforcement 137 PART 2 The Audit Process 6. Audit Responsibilities and Objectives 139 Learning Objectives 139 Objective of Conducting an Audit of Financial Statements 140 Management's Responsibilities 141 Auditor's Responsibilities 142 Financial Statement Cycles 146 Setting Audit Objectives 150 Management Assertions 151 Transaction-Related Audit Objectives 154 Balance-Related Audit Objectives 156 Presentation and Disclosure-Related Audit Objectives 159 How Audit Objectives Are Met 159 Summary 162 Essential Terms 162 Review Questions 163 Multiple Choice Questions from CPA Examinations 164 Discussion Questions and Problems 165 Case 169 Internet Problem 6-1: International and PCAOB Audit Objectives 170 7. Audit Evidence 171 Learning Objectives 171 Nature of Evidence 172 Audit Evidence Decisions 173 Persuasiveness of Evidence 174 Types of Audit Evidence 177 Audit Documentation 185 Summary 194 Essential Terms 195 Review Questions 196 Multiple Choice Questions from CPA Examinations 197 Discussion Questions and Problems 198 Cases 203 ACL Problem 205 Internet Problem 7-1: Use of Audit Software for Fraud Detection and Data Quality Assurance 205 8. Audit Planning and Analytical Procedures 207 Learning Objectives 207 Planning 208 Accept Client and Perform Initial Audit Planning 209 Understand the Client's Business and Industry 214 Assess Client Business Risk 218 Perform Preliminary Analytical Procedures 220 Summary of the Parts of Audit Planning 221 Analytical Procedures 223 Five Types of Analytical Procedures 224 Common Financial Ratios 230 Summary 232 Essential Terms 232 Review Questions 232 Multiple Choice Questions from CPA Examinations 234 Discussion Questions and Problems 236 Cases 241 Integrated Case Application--Pinnacle Manufacturing: Part I 243 ACL Problem 246 Internet Problem 8-1: Obtain Client Background Information 246 9. Materiality and Risk 247 Learning Objectives 247 Materiality 248 Set Preliminary Judgment about Materiality 249 Allocate Preliminary Judgment about Materiality to Segments (Tolerable Misstatement) 252 Estimate Misstatement and Compare with Preliminary Judgment 255 Risk 257 Types of Risks 259 Assessing Acceptable Audit Risk 261 Assessing Inherent Risk 263 Relationship of Risks to Evidence and Factors Influencing Risks 266 Evaluating Results 271 Summary 273 Essential Terms 274 Review Questions 275 Multiple Choice Questions from CPA Examinations 276 Discussion Questions and Problems 277 Cases 283 Integrated Case Application--Pinnacle Manufacturing: Part II 287 Internet Problem 9-1: Materiality and Tolerable Misstatement 288 10. Section 404 Audits of Internal Control and Control Risk 289 Learning Objectives 289 Internal Control Objectives 290 Management and Auditor Responsibilities for Internal Control 291 COSO Components of Internal Control 294 Obtain and Document Understanding of Internal Control 303 Assess Control Risk 307 Tests of Controls 313 Decide Planned Detection Risk and Design Substantive Tests 315 Section 404 Reporting on Internal Control 316 Evaluating, Reporting, and Testing Internal Control for Nonpublic Companies 318 Summary 321 Essential Terms 321 Review Questions 324 Multiple Choice Questions from CPA Examinations 326 Discussion Questions and Problems 328 Case 333 Integrated Case Application--Pinnacle Manufacturing: Part III 334 Internet Problem 10-1: Disclosure of Material Weaknesses in Internal Control Over Financial Reporting 335 11. Fraud Auditing 337 Learning Objectives 337 Types of Fraud 338 Conditions for Fraud 340 Assessing the Risk of Fraud 343 Corporate Governance Oversight to Reduce Fraud Risks 346 Responding to the Risk of Fraud 351 Specific Fraud Risk Areas 353 Responsibilities when Fraud is Suspected 358 Summary 362 Essential Terms 363 Review Questions 363 Multiple Choice Questions from CPA Examinations 364 Discussion Questions and Problems 365 Case 369 ACL Problem 370 Internet Problem 11-1: Brainstorming About Fraud Risks 370 12. The Impact of Information Technology on the Audit Process 371 Learning Objectives 371 How Information Technologies Improve Internal Control 372 Assessing Risks of Information Technology 372 Internal Controls Specific to Information Technology 374 Impact of Information Technology on the Audit Process 380 Issues for Different IT Environments 387 Summary 390 Essential Terms 390 Review Questions 392 Multiple Choice Questions from CPA Examinations 392 Discussion Questions and Problems 394 Case 400 ACL Problem 401 Internet Problem 12-1: Assessing IT Governance 402 13. Overall Audit Plan and Audit Program 403 Learning Objectives 403 Types of Tests 404 Selecting Which Types of Tests to Perform 409 Impact of Information Technology on Audit Testing 412 Evidence Mix 413 Design of the Audit Program 414 Summary of Key Evidence-Related Terms 424 Summary of the Audit Process 425 Essential Terms 429 Review Questions 429 Multiple Choice Questions from CPA Examinations 431 Discussion Questions and Problems 433 Cases 438 Internet Problem 13-1: Assessing Effects of Evidence Mix 440 PART 3 Application of the Audit Process to the Sales and Collection Cycle 14. Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions 443 Learning Objectives 443 Accounts and Classes of Transactions in the Sales and Collection Cycle 444 Business Functions in the Cycle and Related Documents and Records 445 Methodology for Designing Tests of Controls and Substantive Tests of Transactions for Sales 450 Sales Returns and Allowances 460 Methodology for Designing Tests of Controls and Substantive Tests of Transactions for Cash Receipts 461 Audit Tests for the Write-off of Uncollectible Accounts 465 Additional Internal Controls over Account Balances and Presentation and Disclosure 466 Effect of Results of Tests of Controls and Substantive Tests of Transactions 466 Summary 467 Essential Terms 468 Review Questions 468 Multiple Choice Questions from CPA Examinations 469 Discussion Questions and Problems 471 Case 477 Integrated Case Application--Pinnacle Manufacturing: Part IV 478 ACL Problem 479 Internet Problem 14-1: Point of Sales Systems Controls 479 15. Audit Sampling for Tests of Controls and Substantive Tests of Transactions 481 Learning Objectives 481 Representative Samples 482 Statistical Versus Nonstatistical Sampling and Probabilistic Versus Nonprobabilistic Sample Selection 483 Nonprobabilistic Sample Selection Methods 484 Probabilistic Sample Selection Methods 485 Sampling for Exception Rates 488 Application of Nonstatistical Audit Sampling 489 Statistical Audit Sampling 505 Sampling Distribution 505 Application of Attributes Sampling 506 Summary 512 Essential Terms 512 Review Questions 513 Multiple Choice Question...
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