Principles of Auditing & Other Assurance Services

O. Ray Whittington, CIA, CMA, CPA, serves as the Director of the School Accountancy and MIS at DePaul University. He received his B.B.A., M.S., and Ph.D. degrees from Sam Houston State University, Texas Tech University, and the University of Houston, respectively. Professor Whittington is an active textbook author on the subjects of auditing and audit sampling. He has also published in a variety of journals, including The Accounting Review, The Journal of Accounting Research, and Auditing: A Journal of Practice and Theory. He has served as a member of the Board of Regents of The Institute of Internal Auditors and has served as Chairman on the Auditing Standards Committee of the Auditing Section and the Bylaws Committee, both of the American Accounting Association. Professor Whittington has served as a member of the AICPA Auditing Standards Board and as the president of the Auditing Section of the American Accounting Association. Kurt Pany, CFE, CPA, is Professor Emiritus of Accounting at Arizona State University. He received his B.S., M.B.A., and Ph.D. degrees from the University of Arizona, the University of Minnesota, and the University of Illinois, respectively. He has also served as a staff accountant with Arthur Andersen and Touche Ross, as a member of the Auditing Standards Board, and as an academic fellow with the American Institute of Certified Public Accountants. Professor Pany has published articles on auditing in such journals as The Journal of Accounting Research, The Accounting Review, Auditing: A Journal of Practice and Theory, The Journal of Accountancy,  and The CPA Journal. He is a member of and has served on various committees of the American Accounting Association and the American Institute of Certified Public Accountants.

Chapter 1: The Role of the Public Accountant in the AmericanEconomy



Chapter 2: Professional Standards



Chapter 3: Professional Ethics



Chapter 4: Legal Liability of CPAs



Chapter 5: Audit Evidence and Documentation



Chapter 6: Audit Planning, Understanding the Client, AssessingRisks, and Responding



Chapter 7: Internal Control



Chapter 8: Consideration of Internal Control in an InformationTechnology Environment



Chapter 9: Audit Sampling



Chapter 10: Cash and Financial Investments



Chapter 11: Accounts Receivable, Notes Receivable, andRevenue



Chapter 12: Inventories and Cost of Goods Sold



Chapter 13: Property, Plant, and Equipment: Depreciation andDepletion



Chapter 14: Accounts Payable and Other Liabilities



Chapter 15: Debt and Equity Capital



Chapter 16: Auditing Operations and Completing the Audit



Chapter 17: Auditors’ Reports



Chapter 18: Integrated Audits of Public Companies



Chapter 19: Additional Assurance Services: Historical FinancialInformation



Chapter 20: Additional Assurance Services: Other Information



Chapter 21: Internal, Operational, and Compliance Auditing