Auditing: Theory and Practice

The latest edition of this text incorporates accounting and auditing pronouncements issued through the spring of 2000, as well as recent debate and deliberations on the auditing profession, independence of the auditor, and the effects of providing consulting services on the auditor's ability to serve the public interest. It discusses the emerging area of assurance services as a framework for understanding the broad range of services potentially provided by accountants. Uses both a cycle and a balance sheet approach in discussing the auditor's examination, and includes excerpts from the business and popular press to relate the concepts discussed to real-world situations. Annotation c. Book News, Inc., Portland, OR (booknews.com)