Want to be an auditor and need to hone your investigating skills? Look no further. This friendly guide gives you an easy-to-understand explanation of auditing — from gathering financial statements and accounting information to analyzing a client's financial position. Packed with examples, it gives you everything you need to ace an auditing course and begin a career today.
-
Auditing 101 — get a crash course in the world of auditing and a description of the types of tasks you'll be expected to perform during a typical day on the job
-
It's risky business — find out about audit risk and arm yourself with the know-how to collect the right type of evidence to support your decisions
-
Auditing in the real world — dig into tons of sample business records to perform your first audit
-
Focus on finances — learn how both ends of the financial equation — balance sheet and income statement — need to be presented on your client's financial statements
-
Seal the deal — get the lowdown on how to wrap up your audit and write your opinion
-
After the audit — see the types of additional services that may be asked of you after you've issued your professional opinion
Open the book and find:
-
A day in the life of an auditor
-
Who gets audited and why
-
Professional standards and ethics
-
How to assess audit risk
-
Tips on collecting and documenting audit evidence
-
The best way to get to know your client
-
Auditing practices for every business angle (revenue, purchases, personnel, and more)
-
What you'll need to complete the audit
Learn to:
-
Understand the concepts and theories of auditing
-
Conduct internal and external audits
-
Ensure accurate and correct records
-
Avoid fraudulent practices
