A Student's Guide to Auditing Practice

Lisa Weaver is a Fellow of the Institute of Chartered Accountants in England and Wales and Professor of Accounting at Warwick Business School. She has published a practitioner's guide on IFRS implementation and authored a number of online education courses for qualified accountants. For over 20 years, Lisa has specialised in accounting education, from basic financial literacy to advanced courses on specialist topics in auditing, corporate governance, and financial reporting. Lisa is committed to excellence in teaching practice and to building the development of professional skills and competencies into academic teaching. Lisa has won several awards for her teaching, and is part of a team that has developed an educational business simulation incorporating aspects of financial reporting and sustainability which has been shortlisted for the prestigious Finance for the Future Awards. Although Lisa is UK based, she has worked in accounting education in many countries in the EU and further afield. Steve Collings is a Director of Leavitt Walmsley Associates, a firm of Chartered Certified Accountants based in Warrington and Sale, where Steve trained and qualified. Steve specialises in UK and Ireland financial reporting, auditing, and Solicitors' Accounts Rules. Steve is the author of several books on UK and Ireland accounting standards, IFRS, and auditing. Steve has served as a member of the UK and Ireland GAAP Technical Advisory Group at the Financial Reporting Council and currently represents the Northwest of England on the ACCA Practitioners Panel. In addition, Steve is a nationwide lecturer in the UK on financial reporting and auditing topics and has lectured in Barbados and Singapore. Steve has received Outstanding Contribution to the Accountancy Profession from the Association of International Accountants and Accounting Technician of the Year at the British Accountancy Awards. Steve has also been highly commended by AAT for his work in the accountancy profession.

1: Introduction to auditing
2: The regulatory framework
3: Corporate governance
4: The ethical framework
5: Quality management and auditor liability
6: Client and engagement acceptance
7: Audit planning - the objectives of audit planning and Understanding the Entity
8: Internal control
9: Evaluating the risk of material misstatement
10: Materiality and analytical review
11: Audit assertions and obtaining audit evidence
12: Other issues relating to audit evidence
13: Fraud and laws and regulations
14: Auditing assets
15: Auditing liabilities and equity
16: Auditing income and expenses
17: Auditing related parties, subsequent events, and going concern
18: Completing the audit
19: The auditor's report
20: The modified auditor's opinion
21: Communicating with management and those charged with governance
22: Group audit
23: Non-audit engagements