Introduction to Auditing - An Introduction to Auditing Theory and Research

Author: Xie Shaomin
Publisher:
Publish Date: 2006-10-01
Features: We are currently in the midst of a major whirlwind of audit reform. This book explores and studies the basic theories and fundamental concepts of auditing, enabling readers to grasp the scientific approach to analyzing and understanding auditing. The content includes the attributes, subjects, history, demand and institutional supply, processes, professional norms, and frameworks for financial statement audits. Readers can gain insights into the essence of auditing and master the framework of basic theoretical concepts necessary for conducting audit research on an international platform. In the modern era of rapidly advancing information technology, the focus of accounting technology has shifted from how to produce information to how to control the process of information production and how to minimize information risk. Internal controls and audits related to the rationalization and risk minimization of the information production process have become more important than ever. In this reality, what should auditing do? Audit practice is changing! Audit methods are changing! Audit institutions are changing! Clearly, an auditing study that merely explains audit methods or introduces audit practice can only constantly lag behind the storm of audit reform and cannot fulfill the role of "theory guiding practice." How can we approach the essence of auditing? We must return to the starting point, begin with fundamental research on auditing, and master the framework of basic theoretical concepts necessary for conducting audit research on an international platform. This knowledge provides us with a method of thinking to approach the essence of auditing and also helps us understand the ongoing audit reform. This book does not intend to introduce how to implement audit practices. The author's intention is to explore and study the basic theories and fundamental concepts of auditing to master the scientific approach to analyzing and understanding auditing.