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Auditing: a risk analysis approach, 5th edition
Contents:
Part 1 The auditing profession
Part 2 Planning the audit
Part 3 Conducting the audit
Part 4 Reporting the result of the audit
Book Review:
The fifth edition of Konrath’s Auditing: A Risk Analysis Approach continues to emphasize auditor identification of risk factors and the allocation of audit resources to high-risk areas. Expanded coverage of the Internet, assurance services, and ethics, as well as a built-in computerized audit practice case all combine to produce an excellent, up-to-date resource for preparing you for the CPA Exam.
New to this Edition
Practice Case – The Biltrite Bicycle Computer Audit Practice Case is introduced earlier in the text. Now in Excel format, this unique practice case is introduced after you complete chapter five on audit planning. In addition, you are also directed to the Web site of the Cannondale Corporation, an actual bicycle manufacturer, to compare key percentages and ratios with the Biltrite practice case.
Internet Assigments – The fifth edition offers several Internet assignments which drives you to explore Web sites such as the AICPA, the Independence Standards Board, the Public Registers’s Annual Report Service, 10K Wizard, and more.
Questions and Cases – Essay questions and discussion cases involving actual companies are presented. These exercise feature companies such as Rite Aid, IBM, Sunbeam Corporation, and Bankers Trust and demonstrate the impact and issues of auditing on real-world companies.
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