Principles and Practices of Auditing: New Criteria General Textbook for Accounting Majors in Higher Education

Author: Wang Yingzi
Publisher:
Publish Date: 2006-08-01
Features: This book is divided into fifteen chapters, focusing on introducing the relevant theories and practices of financial audits of annual financial statements by certified public accountants. Chapters 1 to 6 primarily elaborate on the basic concepts of audits, the audit supervision system, the code of professional conduct for certified public accountants, audit objectives, the audit process, audit planning, materiality and audit risk, and internal control systems, which are the fundamental theories of auditing. Chapters 7 to 12 mainly introduce audit practices, including the audit of the sales and collection cycle, the audit of the purchasing and payment cycle, the audit of the production cycle, the audit of monetary funds, and audit reports. Chapter 13 covers other attestation services and non-attestation services, such as financial statement reviews, capital verification, review of predictive financial information, internal control audits, and the performance of agreed-upon procedures. Chapter 14 discusses the legal liabilities of certified public accountants, while Chapter 15 primarily focuses on government audits and internal audits.