Modern Auditing / Edition 3

by Graham Cosserat, Neil Rodda

Overview

Modern Auditing offers the reader a thorough coverage of the practice of auditing in context of auditing theory and concepts, and the professional responsibilities of the independent auditor. The structure of the book develops the auditing process in a logical and sequential manner, enabling students to progressively consolidate their understanding of the concepts and processes without excessive detail or repetition.  

Product Details

ISBN-13:	9780470319734
Publisher:	Wiley
Publication date:	03/02/2009
Edition description:	3rd ed.
Pages:	752
Product dimensions:	7.40(w) x 9.60(h) x 1.50(d)

About the Author

Graham Cosserat is now retired following a career that included 30 years’ experience in teaching auditing at Kingston University, the University of Technology, Sydney and Nottingham Trent University.  He also worked as an examiner in auditing for the ACCA (Association of Chartered Certified Accountants).

Neil Rodda is a Senior Lecturer at Manchester Metropolitan University where he has taught courses in auditing and financial reporting since 1991.  He also has considerable professional experience including work as an audit manager for KPMG and as a director of an enterprise agency. Neil Rodda has also worked with the ACCA both as a marker of professional examinations and as an author of various study materials.

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Table of Contents

Preface vii

Chapter 1

Auditing and the Public Accounting Profession 1

Chapter 2

Financial Statement Audits 37

Chapter 3

Professional Ethics 71

Chapter 4

Auditors’ Legal Liability 111

Chapter 5

Audit Risk and Audit Evidence 141

Chapter 6

Accepting the Engagement and Planning the Audit 183

Chapter 7

Internal Control and Control Risk Assessment 225

Chapter 8

Audit Sampling 269

Chapter 9

Designing Substantive Procedures 307

Chapter 10

Auditing Sales and Trade Receivables (Debtors) 341

Chapter 11

Auditing Purchases, Trade Payables (Creditors) and Payroll 383

Chapter 12

Auditing Inventories (Stocks) and Tangible Noncurrent Assets (Fixed Assets) 421

Chapter 13

Auditing Cash and Investments 461

Chapter 14

Completing the Audit 501

Chapter 15

Reporting on Audited Financial Statements 529

Chapter 16

E-Commerce and Auditing 575

Chapter 17

Contemporary Issues in Auditing 603

Answers to Multiple-Choice Questions 639

Suggested Answers to Professional Application Questions 651

The IAASB’s Glossary of Terms 703

Index 719