Auditing : a risk- based approach / Karla M. Johnstone, Audrey Gramling, and Larry Rittenberg.

Includes index.

Quality Auditing; why it matters -- The auditor's responsibilities regarding fraud and mechanism to address fraud: regulation and corporate governance -- Internal control over financial reporting -- Responsibilities of management and the external auditor -- professional legal liability -- Professional auditing standards and the audit opinion formulation process -- Audit evidence -- Planning the audit; identifying, assessing, and responding to risk of materials misstatement -- Specialized audit tools: attributes sampling, monetary unit sampling, and data analytics tools -- Auditing the revenue cycle -- Auditing cash, marketable securities, and complex financial instruments -- Auditing inventory, goods and services, and accounts payable: the acquisition and payment cycle -- Auditing long-lived assets and merger and acquisition activity -- auditing debt, equity and long-term liabilities requiring management estimates -- Completing a quality audit -- Audit reports for financial statements audits.