Textbook
Perspectives In Auditing
This integrated set of readings is designed chiefly to supplement an auditing course with materials that are either not included or not covered in depth in auditing textbooks. In this respect, the third edition is similar to the first and second editions. However, this edition differs from previous ones in several ways. Many changes have occurred in the accounting profession since the previous edition, and many of these changes and current trends are covered in the third edition. New topics include the emergence of analytical review in the audit process, changes in legal and ethical requirements, recommendations of the Commission on Auditors' Responsibilities, and the increasing importance of the AICPA Accounting and Review Services Committee. In addition, a new chapter on the trend toward audit committees of boards of directors has been added. Coverage of almost all of the topics included in the second edition has been changed to reflect recent developments. Current SEC topics added include the preferability issue, replacement-cost data, and illegal corporate acts. The trend toward specialization in the profession is also included.
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