Modern Auditing

Presented here is an up-to-date revision and refinement of one of the best-selling auditing texts - including the 1988 Statements of Auditing Standards and the AICPA Code of Professional Conduct. It addresses the basics of performing an audit, and discusses reporting and other responsibilities. The text combines the transaction cycle approach in internal control (Part II) with the balance sheet approach in verification of transaction cycle balances (Part III).