Practical Audit: Teaching Material for the Five-Year Higher Vocational Accounting Major

Author: Xing Hailing
Publisher:
Publish Date: 2005-05-01
Features: As a means of effective supervision over economic activities, the audit work of certified public accountants (CPAs) has garnered increasing attention from various parties in recent years. Improving and developing the CPA audit system, as well as cultivating specialized talents, is an urgent task. Strengthening the audit knowledge of economic professionals is equally important. This book is written to meet this need, aiming to popularize CPA audit professional knowledge among non-audit professionals. The book primarily consists of two parts: basic theories of auditing and practical audit operations. Chapters 1 and 2 mainly cover the fundamental knowledge of basic auditing theories, including an overview of auditing, basic procedures and methods of auditing, as well as some important content in internal auditing theory, such as the basic knowledge of audit materiality analysis and audit risk assessment. Additionally, it includes the basic knowledge of audit testing work and audit report preparation. The audit testing work follows the five major business cycles of manufacturing enterprises as a framework, elaborating on the work procedures and methods for internal control testing and related substantive testing of accounts, while integrating relevant knowledge—management knowledge, accounting knowledge, and regulatory knowledge. The audit report preparation section is based on relevant audit standards and, combined with audit report examples, explains the preparation methods of audit reports. The proportion of auditing theory in this book is relatively small, with a focus on audit practical operations. The theoretical knowledge section is written to be as concise and easy to understand as possible without compromising completeness, while the practical operation knowledge section is written to be as specific and detailed as possible without being overly complex. The book primarily references China's independent audit standards and the practical audit operations of CPAs. It is hoped that this book can serve as a valuable reference for learning auditing while also providing greater convenience for audit teaching.