About the book

Now in its fifth edition, this market-leading text provides students on both undergraduate and professional courses in accounting with an essential introduction to the principles and practice of auditing.

Completely updated to reflect recent changes in international accounting, auditing and financial reporting standards – and incorporating relevant aspects of the global financial crisis - this well-structured textbook offers an accessible approach, including helpful margin notes and numerous self-assessment questions.

New to this Edition
- Updated to take account of recent changes in international accounting, auditing and financial reporting standards and the global financial crisis
- Increased international material including the role of multinational audit firms
- More real life examples (including from the Financial Reporting Review Panel)
- Recent official examination questions (past papers from ACCA, ICAS, ICAEW and ICAI) included on the Companion Website
- Strengthened coverage on audit assurance services and audit quality
- Enhanced online support resources

Features

• Incorporation of International Auditing Standards
• Excellent use of case studies and examples
• Provides an underlying conceptual framework for understanding auditing
• Covers the wider context of auditing - e.g. excellent coverage of the Audit Expectations Gap
• Effectively blends practice and theory
• Useful practical exercises and assessment questions
• Encourages critical thinking
• Lecturers can gain access to a number of online resources including: an Instructor’s Manual, PowerPoint slides, recent examination questions from official examination bodies and solutions to lecturers’ self-assessment questions. Students get access to solutions to students’ self-assessment questions and useful weblinks for recommended reading