Auditing, Assurance Services & Ethics in Australia with ACL Access Code Card (10e) : 9781488609138

Auditing, Assurance Services & Ethics in Australia with ACL Access Code Card (10e)

In stock
 
Edition
 
10th
ISBN
 
9781488609138
ISBN 10
 
1488609136
Published
 
17/11/2016
Published by
 
Pearson Australia
Pages
 
Format
 
A Course ID may be required to activate this product. A Course ID is not the same as your unit/course code and should be provided by your course lecturer.
 
Title type
Book
$144.95
 
 
 
Description

Auditing, Assurance Services and Ethics in Australia is a confidence-building way of learning the roles and legal responsibilities of a professional auditor.

  • This book and software package perfectly is suited to a 12 week course
  • Designed for undergraduate or postgraduate students seeking professional recognition from associations such as CPA, ICAA, IPA and ACAA.
  • Covers essential theory and best practices in auditing in 19 chapters, with up to date references to all recently issued auditing standards and relevant legislation
  • Experience planning and completing an audit through stimulating integrated case studies with financial statements included
  • Practice realistic computer-assisted auditing techniques with the ACL software provided with each new copy of the text.

Auditing, Assurance Services and Ethics in Australia is the most authentic and practical resource for auditing students available today.

Table of contents
PART 1 The Auditing Profession
Chapter 1 Demand for audit and assurance services
Chapter 2 Auditors’ legal environment
Chapter 3 Audit quality and ethics
Chapter 4 Audit responsibilities and objectives
Chapter 5 Audit evidence
PART 2 The Audit Process: Decisions and Planning
Chapter 6 Audit planning and documentation
Chapter 7 Materiality and risk
Chapter 8 Internal control and control risk
Chapter 9 Fraud auditing
Chapter 10 The impact of information technology on the audit process
Chapter 11 Overall audit plan and audit program 3 84
Chapter 12 Audit of the sales and collection cycle: Tests of controls and substantive tests of transactions
PART 3 The Audit Process: Application
Chapter 13 Completing tests in the sales and collection cycle: Accounts receivable
Chapter 14 Audit sampling
Chapter 15 Audit of transaction cycles and financial statement balances I
Chapter 16 Audit of transaction cycles and financial statement balances II
PART 4 The Audit Process: Completing the Audit
Chapter 17 Completing the audit
Chapter 18 Audit reporting
PART 5 Special Topics
Chapter 19 Other auditing and assurance engagements
New to this edition
  • Recently issued auditing standards (ASAs, ASREs and ASAEs), Accounting Professional and Ethical Statements (APESs), the Framework for Assurance Engagements, the Explanatory Guide to AUASB Standards Applicable to Review Engagements, and guidance statements (AGSs and GSs).
  • Any major changes in relevant regulation, including the changes to the Corporations Act 2001, are integrated into relevant chapters.
  • Increased emphasis on audit quality in the context of the role of auditing in corporate governance which is integrated into relevant chapters.
  • Expanded coverage on fraud and fraud auditing in Chapter 9, including coverage of corporate governance and other factors that reduce fraud risk.
Features & benefits

Prepare students for real-world audit decision making with illustrative examples of key audit decisions, emphasising corporate governance, audit planning, risk assessment processes and collecting and evaluating evidence in response to risks.

Promote active research with Online Issues in each chapter: internet-based case/homework assignments which require students to research relevant real world auditing issues.

Provide students with the experience of Computer-Assisted Auditing Techniques with market-leading ACL Software. Chartered Accounting firms are increasingly using audit software for audit testing and fraud analysis. ACL provides a wide range of opportunities for incorporating computer-assisted audit techniques (CAATs) in the auditing curriculum. Students are exposed to ACL audit software in the opening vignettes for Chapters 9 and 10. Instructors may use this supplement in conjunction with exercises in Chapter 10 which introduces the study of CAATs.

Engage students with two integrated Case Studies!
Running case 1: Rouge Clothing annual report
Extracts from the annual report for the running case of the fictitious Rouge Clothing Company are included as a full-colour insert at the back of the textbook. Financial statements and other information included in the annual report are used in examples throughout the book to illustrate chapter concepts. When Rouge Clothing is referred to in the text, a shopping bag icon is shown in the margin.
Running case 2: Pinnacle Manufacturing integrated case study
The Pinnacle Manufacturing integrated case represents a larger, multi-division company, and appears in six parts in Chapters 6, 7, 8, 14 and 15. Each part of the case is included at the end of the chapter to which the part relates. The parts of the case are connected so that students will gain a better understanding of how the parts of the audit are interrelated and integrated by the audit process.

Author biography

ABOUT THE AUSTRALIAN AUTHORS

Peter Best (BCom, MEngSci, PhD, FCPA) is Professor and Head of Discipline, Accounting at Griffith University’s Business School. He was previously the Head of the School of Accounting, Economics and Finance at the University of Southern Queensland. He has taught accounting at the University of Queensland, University of Newcastle, University of Adelaide, Flinders University, Queensland University of Technology and University of Southern Queensland. Peter is a Fellow of CPA Australia and an Associate of the ICAA. He has acted as consultant to a variety of accounting firms and government departments, both in Australia and overseas. His specialist teaching areas include accounting information systems, auditing, information systems auditing, SAP enterprise systems and business forensics. Peter is co-author of Auditing Computer Based Systems, many editions of both Horngren’s Accounting and Financial Accounting and the previous editions of Auditing and Assurance Services in Australia: An Integrated Approach.

Greg Shailer (BCom, MCom, PhD, FCPA) is Director of the Australian National Centre for Audit and Assurance Research in the Research School of Accounting at The Australian National University. He has taught at prominent universities in Australia, the United Kingdom and the United States. His specialist teaching areas are corporate governance and auditing. Greg’s research focuses on corporate governance, auditing and regulation. He is a Fellow of CPA Australia and has prior experience with both small and large public accounting firms, and as a consultant to private sector firms and government agencies. Greg is author of An Introduction to Corporate Governance in Australia and co-author of the previous editions of Auditing and Assurance Services in Australia: An Integrated Approach.

Brenton Fiedler, (BA Acc, MBus, FCA) is an Associate Professor in the School of Commerce at the University of South Australia and Associate Head of Open Universities Australia. Brenton is a Fellow of the ICAA and is a former senior manager in the Adelaide audit division of KPMG. His specialist teaching areas include auditing, financial accounting and corporate strategy, and he has taught both locally and overseas. Brenton is also the author of the Student Guide to Auditing and Assurance Services in Australia: An Integrated Approach.

Siva Nathan Kanapathy (FCA, ACMA, MIA, Dip Fin Planning) wrote the Rouge Clothing Case Study and the related audit letters. He qualified as a Chartered Accountant with the Institute of Chartered Accountants in England and Wales. He has practised in the United Kingdom, Malaysia and Australia, and has worked with small, medium and the Big Four public accounting firms, specialising in banking and mining companies. He has lectured in accounting, auditing and corporate finance both at private colleges and in-house at accounting firms, and is the author of several submissions to governments, both locally and overseas, regarding the finance and banking sector, the self-assessment tax system and goods and services tax.

ABOUT THE AMERICAN AUTHORS

Al Arens, founding author of this textbook, was the PricewaterhouseCoopers Professor of Accounting Emeritus at Michigan State University. In addition to writing books on auditing, he was a co-author of computerized accounting supplements and he was actively involved in the continuing education of practitioners with local and regional CPA firms. Al was a past president of the American Accounting Association and a former member of the AICPA Auditing Standards Board. He practiced public accounting with both a local CPA firm and the predecessor firm to Ernst & Young. He received many awards including the AAA Auditing Section Outstanding Educator award, the AICPA Outstanding Educators award, the national Beta Alpha Psi Professor of the Year award, and many teaching and other awards at Michigan State.

Randy Elder, who has served as a co-author of this textbook since the 8th edition, is Professor of Accounting and Senior Associate Dean at Syracuse University. He teaches undergraduate and graduate auditing courses, and has received several teaching awards. His research focuses on audit quality and current audit firm practices and he served as the team leader
for American Accounting Association Auditing Section PCAOB research synthesis teams on audit confirmations and audit sampling. He has extensive public accounting experience with a large regional CPA firm, frequently teaches continuing education for a large international CPA firm, and is a member of the AICPA and Michigan Association of CPAs.

Randy Elder, who has served as a co-author of this textbook since the 8th edition, is Professor of Accounting and Senior Associate Dean at Syracuse University. He teaches undergraduate and graduate auditing courses, and has received several teaching awards. His research focuses on audit quality and current audit firm practices and he served as the team leader for American Accounting Association Auditing Section PCAOB research synthesis teams on audit confirmations and audit sampling. He has extensive public accounting experience with a large regional CPA firm, frequently teaches continuing education for a large international CPA firm, and is a member of the AICPA and Michigan Association of CPAs.

 

Educator downloads

Digital Image PowerPoints

 

Instructor Testbank

 

PowerPoint Presentation

 

Solutions Manual