Auditing

by Alan Millichamp, John Taylor

Overview

Now in its twelfth edition, Auditing continues to live up to its reputation for being comprehensive, yet accessible. It has been thoroughly updated to reflect recent changes in international standards, audit reporting and governance. With engaging real-world examples and a new chapter on public auditing, this edition is a must-have for anyone studying auditing at undergraduate or postgraduate level and for those preparing for professional examinations set by accounting bodies such as ACCA and CIMA.

Product Details

ISBN-13:	9781473778993
Publisher:	Cengage Learning EMEA
Publication date:	12/14/2021
Pages:	552
Product dimensions:	9.69(w) x 7.52(h) x 1.06(d)

About the Author

The late Alan Millichamp was a former examiner assessor in auditing and taught at the universities of Wolverhampton and Birmingham, the Open University Business School and in the private sector.

John Taylor teaches at Leeds Metropolitan University on professional accounting courses. He was a professional auditor for many years and the former financial director of a PLC based in Leeds

Table of Contents

1 Introduction to auditing - the why of auditing 2 Corporate governance 3 The statutory framework for auditing 4 Accounting requirements of the Companies Act, 2006 5 Auditing and accounting standards and guidelines 6 Ethical standards and rules of professional conduct 7 Quality control in audit firms 8 Accepting appointment as auditors 9 Accounting systems and internal controls 10 Audit planning, audit risk and materiality 11 Audit evidence and using the work of an expert 12 Audit testing, sampling and analytical review procedures 13 Systems-based auditing 14 Business risk approach to auditing 15 The audit of assets 16 The audit of liabilities 17 Auditing and computers 18 Audit working papers 19 Internal audit 20 Errors, frauds and unlawful acts 21 Related parties 22 Use of service organisations 23 Subsequent events and Going Concern 24 Management representations 25 The final review stage of the audit 26 Auditors' reports to shareholders 27 Auditors' reports to directors and management 28 Group accounts 29 Auditors' liability 30 Review engagements and non-audit assurance assignments 31 Value for money, performance evaluation, environmental reporting and corporate social responsibility reporting assignments 32 Current issues

Editorial Reviews

"This well-written and user-friendly textbook is very suitable for auditing and accounting courses at both undergraduate and postgraduate levels." Dr. Jessica H. Yang, Lecturer in Accounting, Henley Business School, UK

"With an excellent blending of theory and practice, this book is simply outstanding. Invaluable to any auditing course, this very constructive and highly readable text is also suitable for non-native English speaking students." Pavel Savitch, Professor of Accounting and Auditing, International University in Geneva, Switzerland

"Millichamp & Taylor continues to provide a comprehensive approach to auditing to meet the needs of professional students. It also offers a clear and structured underpinning for academic programmes in external audit. "Fred Hutchinson, Principal Lecturer in Accounting, Teeside University, UK

From the Publisher