Auditing: The Art and Science of Assurance Engagements, Canadian Edition, 15th edition

Published by Pearson Canada (April 6, 2021) © 2022

  • Alvin A. Arens Michigan State University
  • Randal J. Elder The University of North Carolina Greensboro
  • Mark S. Beasley North Carolina State University
  • Chris E. Hogan Michigan State University
  • Joanne C. Jones York University

Title overview

As the world shifts to a greater reliance on digital media, it is appropriate that this text evolves as well. This fifteenth edition is the first fully digital version of Auditing and Assurance Services. Instructors and students will find that, although the medium has changed, the content is fully consistent with prior editions.

This ISBN is for the Pearson eText and may not include any media, website access codes, or print supplement.

Auditing: The Art and Science of Assurance Engagements is an introduction to auditing and assurance services. It is intended for use in an introductory auditing course, for one-semester or two-semester instruction at the undergraduate or graduate level. The book's primary emphasis is on the auditor's decision-making process in a financial statement audit and, to a lesser degree, other types of audits and assurance engagements.

Table of contents

1 The Demand for Audit and Other Assurance Services

2 The Public Accounting Profession and Audit Quality

3 Professional Ethics and Legal Liability

4 Audit Responsibilities and Objectives

5 Audit Evidence

6 Client Acceptance, Planning, and Materiality

7 Assessing the Risk of Material Misstatement

8 Internal Control and COSO Framework

9 Assessing Control Risk and Designing Tests of Controls

10 Develop Risk Response: Audit Strategy and Audit Program

11 Audit Sampling Concepts

12 Audit of the Revenue Cycle

13 Audit of the Acquisition and Payment Cycle

14 Audit of the Inventory and Distribution Cycle

15 Audit of the Human Resources and Payroll Cycle

16 Audit of the Capital Acquisition and Repayment Cycle

17 Audit of Cash Balance

18 Completing the Audit

19 Audit Reports on Financial Statements

20 Other Assurance and Nonassurance Services

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