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Knapp's CONTEMPORARY AUDITING: REAL ISSUES AND CASES, Eighth Edition, uses real-world cases to acquaint you with the work environment of auditors. It also helps you recognize the red flags that often accompany problem audits. This new edition offers exciting new cases that cover the massive economic crisis that the U.S. and global economies have recently faced. In addition, new cases have been added to the "International Cases" section, examining auditing challenges in Australia, China, India, Japan, Russia, South Africa, and several others. The eighth edition fully integrates risk assessment standards recently adopted by the auditing community. What better training for the real world of auditing than to learn by studying real companies and situations!
"Thank you for the great casebook. I have used this for over 10 years in my graduate cases with great success."
"Students' participation is noticeable when the case touches a conflict between personal and professional issue."
"My experience with the Knapp casebook has been incredibly positive. The cases are so well written that I have never had a complaint about the readability of the cases. I have often custom published a casebook with just the cases that I plan to use and that has always been a very easy process."
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Meet the Author
Michael Knapp has taught undergraduate and graduate auditing courses for more than twenty years. He has developed numerous online CPE courses and has testified in several major litigation cases involving accounting and auditing issues. His honors at the University of Oklahoma include the Merrick Foundation Teaching Award; Arthur Andersen Faculty Fellow, School of Accounting; Honorary Faculty Member, Golden Key National Honor Society; Distinguished Educator Award, School of Accounting; John E. Mertes, Jr., Presidential Professor; Delta Sigma Pi Professor of the Year, Price College of Business; and McLaughlin Chair in Business Ethics.
Section 1: COMPREHENSIVE CASES. Enron Corporation. Just for FEET, Inc. Jamaica Water Properties. Health Management, Inc. The Leslie Fay Companies. NextCard, Inc. Lincoln Savings and Loan Association. Crazy Eddie, Inc. ZZZZ Best Company, Inc. Gemstar-TV Guide International, Inc. New Century Financial Corporation. Madoff Securities. Section 2: AUDITS OF HIGH-RISK ACCOUNTS. Jack Greenberg, Inc. Golden Bear Golf, Inc. Happiness Express, Inc. CapitalBanc Corporation. Dollar General Stores, Inc. CBI Holding Company, Inc. Campbell Soup Company. Section 3: INTERNAL CONTROL ISSUES. The Trolley Dodgers. Howard Street Jewelers, Inc. United Way of America. Triton Energy Ltd. Goodner Brothers, Inc. Troberg Stores. Section 4: ETHICAL RESPONSIBILITIES OF ACCOUNTANTS. Creve Couer Pizza, Inc. F&C International, Inc. Suzette Washington, Accounting Major. Thomas Forehand, CPA. Wiley Jackson, Accounting Major. Arvel Smart, Accounting Major. David Quinn, Tax Accountant. Section 5: ETHICAL RESPONSIBILITIES OF INDEPENDENT AUDITORS. Cardillo Travel Systems, Inc. American International Group, Inc. The North Face, Inc. Waverly Holland, Audit Senior. Koger Properties, Inc. American Fuel & Supply Company, Inc. Section 6: PROFESSIONAL ROLES. Leigh Ann Walker, Staff Accountant. Bill DeBurger, In Charge Accountant. David Myers, WorldCom Controller. Tommy O'Connell, Audit Senior. Avis Love, Staff Accountant. Charles Tollison, Audit Manager. Hamilton Wong, In-Charge Accountant. Section 7: PROFESSIONAL ISSUES. Ligand Pharmaceuticals. Stephen Gray, CPA. Scott Fane, CPA. Hopkins v. Price Waterhouse. Sarah Russell, Staff Accountant. Bud Carriker, Audit Senior. Fred Stern & Company, Inc. (Ultramares). First Securities Company of Chicago (Hochfelder). Section 8; INTERNATIONAL CASES. Livent, Inc. Royal Ahold, N.V. Kansayaku. Registered Auditors, South Africa. Zuan Yan. Kaset Thai Sugar Company. Australian Wheat Board. OAO Gazprom. Tata Finance Limited. Institute of Chartered Accountants of India. Societe Generale. Shari'a. Republic of the Sudan. Mohamed Salem El-Hadad, Internal Auditor. Tae Kwang Vina.