As a result of recent audit scandals such as Enron and Worldcom, several new auditing standards have been enacted, making currency one of the most important issues in this market. Upon publication, this text will be the most up-to-date auditing text on the market. Itas been written so that it is current with all issues inherent in accounting and auditing practice, particularly in public accounting firms including coverage of the creation of the Public Companies Accounting Oversight Board, the passage of the Sarbanes-Oxley Act, and all of the major pronouncements issued by the AICPA through Summer 2005. The Louwers text is also a leader in fraud coverage and is accompanied by the Apollo Shoes Casebook--the only standalone FRAUD audit case on the market (available at the book's Online Learning Center). The text is also designed to provide flexibility for instructors; the twelve chapters focus on the auditing process while the eight modules provide additional topics that can be taught at the instructoras discretion without interrupting the flow of the text.Are the purchase order forms prenumbered and the numerical sequence checked for missing documents? 15. ... In the accounts payable department, are invoices checked against purchase orders and receiving reports for dates, quantities, prices, and terms? ... These are issued to personnel authorized to determine the status of various records, such as an open voucher, but not authorized to enter data.
|Title||:||Auditing & Assurance Services|
|Author||:||Timothy J. Louwers, Robert J. Ramsay, David Sinason, Jerry Strawser|
|Publisher||:||McGraw-Hill/Irwin - 2006-03-20|