Principles of external auditing
/Brenda Porter, Jon Simon and David Hatherly
- 4th ed.
- West Sussex: John Wiley & Sons. Ltd, c 2014.
- xx, 861 p. : ill. ; 25 cm.
Includes references and index p. 843 - 861
What is auditing? The development of auditing and its objectives A framework of auditing concepts Threats to, and safeguarding of, auditors' independence Auditors' legal regulatory and professional responsibilities Auditors' duties with respect to fraud and no-compliance with laws and regulations Overview of the audit process, audit evidence, staffing and documenting an audits Commencing an audit: engagement procedures, understanding the client and identifying risks Planning the audit; materiality and audit risk Internal control and the external audit Testing financial statement assertions: substantive testing Audit sampling and computer assisted auditing techniques (CAATs) Completion and review Auditors' reports to users of financial statements and to management Legal liability of auditors Avoiding and limiting auditors' liability Corporate responsibility reporting and assurance The audit expectation-performance gap and proposals for reforming the external audit function
Striking a careful balance between theory and practice, this text describes and explains, in non-technical language, the nature of the audit function and the principles of the audit process. Sets auditing in the context of corporate accountability and responsible corporate governance
eng.
9780470974452 TZS 233,053/=
Auditing Auditing Data processing Auditors' reports Auditing Law and legislation