The audit process: principles, practice and cases. /
Iain Gray and Stuart Manson.
- 4th ed.
- Hampshire, UK : South-Western Cengage Learning, 2008.
- xxi, 808p. : ill. ; 25 cm.
Includes index.
Contents: Why are auditors needed? -- An overview of the postulates and concepts of auditing -- The meaning and importance of auditor independence: factors affecting independence and measures to attain it -- Audit regulation -- The risk-based approach to audit: audit judgement -- The search for evidence explained -- Systems work: basic ideas 1 -- Systems work: basic ideas 2 -- Testing and evaluation systems -- Substantive testing, computer-assisted audit techniques and audit programmes -- Sampling and materiality -- Final work: general principles, analytical review of financial statements,fixed assets and debtors -- Final work: specific problems related to stocks, long-term contracts and trade creditors -- Final review: post-balance sheets period, provisions, contingencies, letters of representation -- Assurance engagements and internal audit -- The auditor's report -- Fraud and going concern -- The audit expectations gap and corporate governance -- The auditor and liability under the law -- Criticisms and developments in auditing -- Examination hints and final remarks.