Auditing and Assurance Services: Global Edition

Arens: Auditing and Assurance Services



Part 1: The Profession of Auditing

1 The Assurance Services Market

2 The Audit Standards' Setting Process

3 Audit Reports

4 Legal Liability Considerations for Auditors

5 Ethics and the Audit Profession



Part 2: The Process of Auditing

6 Audit Responsibilities and Objectives

7 Nature and Type of Audit Evidence

8 Audit Planning

9 Considering Materiality and Audit Risk

10 Considering Internal Control

11 Considering the Risk of Fraud

12 Implications of Information Technology for the Audit Process

13 Developing the Overall Audit Plan and Audit Program



Part 3: Application of the Audit Process to the Sales and Collection Cycle

14 Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions

15 Audit Sampling for Tests of Controls and Substantive Tests of Transactions

16 Completing the Tests in the Sales and Collection Cycle: Accounts Receivable

17 Audit Sampling for Tests of Details of Balances



Part 4: Application of the Audit Process to Other Cycles

18Audit of the Acquisition and Payment Cycle: Tests of Controls, Substantive Tests of Transactions, and Accounts Payable

19 Completing the Tests in the Acquisition and Payment Cycle: Verification of Selected Accounts

20 Audit of the Inventory and Warehousing Cycle

21 Audit of the Payroll and Personnel Cycle

22 Audit of the Capital Acquisition and Repayment Cycle

23 Audit of Cash and Financial Instruments



Part 5: Completing the Audit

24 Audit Completion



Part 6: Professional Responsibilities and Other Services

25 Other Assurance Services

26 Internal and Governmental Financial Auditing and Operational Auditing