Auditing

The late Alan Millichamp taught at the Universities of Wolverhampton and Birmingham, at the Open University Business School and in the private sector. He was a former examiner and assessor in auditing to the Association of Chartered Certified Accountants and was also a member of the examining panel of the ACCA. John Taylor has taught accounting and auditing at Leeds Beckett University and was previously a professional auditor for many years. He is the author of various successful auditing, accounting and finance books and currently works as a freelance writer and lecturer in auditing, accounting and management.

1. Introduction to Auditing—the Why of Auditing
2. Corporate Governance
3. The Statutory Framework for Auditing
4. Accounting Requirements of the Companies Act 2006
5. Auditing and Accounting Standards and Guidelines
6. Ethical Standards and Rules of Professional Conduct
7. Quality Control in Audit Firms
8. Accepting Appointment as Auditors
9. Accounting Systems and Internal Controls
10. Audit Planning, Audit Risk and Materiality
11. Audit Evidence and Using the Work of an Expert
12. Audit Testing, Sampling and Analytical Review Procedures
13. Systems-Based Auditing
14. Risk-Based Auditing
15. The Audit of Assets
16. The Audit of Liabilities
17. Auditing and Computers
18. Audit Working Papers
19. Internal Audit
20. Errors, Frauds and Unlawful Acts
21. Related Parties
22. Use of Service Organizations
23. Subsequent Events and Going Concern
24. Management Representations
25. The Final Review Stage of the Audit
26. Auditor’s Reports to Shareholders
27. Auditor’s Reports to Directors and Management
28. Group Accounts
29. Auditor’s Liability
30. Review Engagements and Non-Audit Assurance Assignments
31. Public Sector Audit and Value for Money Auditing
32. Performance Evaluation, Environmental Reporting and Corporate Social Responsibility
Reporting Assignments
33. Current Issues