Principles of Auditing and Other Assurance Services w/ACL CD » (16th Edition)

Ray Whittington is chairman of the accounting department at San Diego State University, and received his Ph.D. from the University of Houston. He has also been the Director of Audit Research for the AICPA

Kurt Pany is a professor of accounting at Arizona State University, and received his Ph.D. from the University of Illinois. He has been the Director of Audit Research for the AICPA and remains an active member of the AAA.

Whittington/Pany’s Principles of Auditing, is a market leader in the auditing discipline. Until October 2002, Ray Whittington was a member of the Audit Standards Board and prior to Ray being on the ASB, Kurt Pany was on the board. Whittington is currently President of the Auditing Section of the American Accounting Association. Principles of Auditing presents concepts clearly and proactively monitors changes in auditing making the relationship between accounting and auditing understandable. The 16th edition maintains the organization and balance sheet orientation, while adding and enhancing topics of Risk, Assurance Services, Fraud, E-Commerce, and the latest auditing standards to meet the needs of the current marketplace.

1. The Role of the Public Accountant in the American Economy

2. Professional Standards

3. Professional Ethics

4. Legal Liability of CPAs

5. Audit Evidence and Documentation

6. Planning the Audit; Linking Audit Procedures to Risk

Appendix A Selected Internet Addresses

Appendix B Examples of Fraud Risk Factors

Appendix C Illustrative Audit Case

7. Internal Control

Appendix A Antifraud Programs and Control Measures

8. Consideration of Internal Control in an Information Technology Environment

9. Audit Sampling

Appendix A Probability-Proportion-to-Size Sampling

Appendix B Audit Risk

10. Cash and Financial Investments

11. Accounts Receivable, Notes Receivable, and Revenue

Appendix A Illustrative Audit Case

Appendix B Illustrative Audit Case

12. Inventories and Cost of Goods Sold

13. Property, Plant, and Equipment: Depreciation and Depletion

14. Accounts Payable and Other Liabilities

Appendix A Illustrative Audit Cases

15. Debt and Equity Capital

16. Auditing Operations and Completing the Audit

17. Auditors’ Report

18. Integrated Audits of Public Companies

19. Additional Assurance Services: Historical Financial Information

20. Additional Assurance Services: Other Information

21. Internal, Operational, and Compliance Auditing