Table of Contents:
- 1. The importance of auditing
- 2. Corporate governance: enhancing the audit functions
- 3. Ethics: understanding and meeting ethical expectations
- 4. Audit risk and business risk
- 5. Internal control over financial reporting
- 6. Audit consequences of risks and controls in information systems
- 7. Audit experience: a framework for directly testing account balances and transactions
- 8. Auditing for fraud
- 9. Auditing revenue and related accounts
- 10. Audit of acquisition cycle and inventory
- 11. Audit of cash and other liquid assets
- 12. Audit of property, plant and equipment and related expense accounts
- 13. Audit of acquisitions, related-entity transactions, long-term liabilities and equity
- 14. Completing the audit
- 15. Communicating audit and other assurance results
- 16. Legal liability
- 17. Internal auditing and outsourcing