financial reporting
Chapter 8, Audit Sampling: An Overview and Application to Tests of Controls ∙ Introduction of industry leading IDEA auditing software to this edition of the book with illustrations of
how to use IDEA for attribute sampling within the chapter. ∙ Updated for academic research examining audit sampling in practice
Chapter 9, Audit Sampling: An Application to Substantive Tests of Account Balances ∙ Introduction of industry leading IDEA auditing software to this edition of the book with illustrations of
how to use IDEA for monetary unit sampling within the chapter. ∙ Updated for academic research examining audit sampling in practice
Chapters 10–16, Business Process Chapters ∙ Revised for enhanced clarity and brevity ∙ Clarified illustrations linking assertions to possible misstatements to example controls and tests
of controls ∙ Updated exhibits and practice insights for recent events
Chapter 17, Completing the Audit Engagement ∙ Improved examples to illustrate the possible self-fulfilling prophecy effects of going concern opinions,
and to explain the role and impact of commitments in completing an audit ∙ Clarified discussion of auditor’s responsibility for subsequent events ∙ Enhanced discussion of evaluation of misstatements in light of qualitative materiality considerations ∙ New coverage of iron curtain versus roll-over methods of assessing materiality of misstatements
Chapter 18, Reports on Audited Financial Statements ∙ Updated for recent developments including the new “clarified” form of the ASB audit report
Chapter 19, Professional Conduct, Independence, and Quality Control ∙ Updated for changes in the newly reorganized AICPA Code of Professional Conduct ∙ Discussion of quality control and peer review/inspection updated for recent changes in
relevant standards
Chapter 20, Legal Liability ∙ Updated for important recent cases and statutory law
Chapter 21, Assurance, Attestation, and Internal Auditing Services ∙ Updated standards relating to practitioner independence in compilation engagements ∙ Attestation reports updated for new AICPA standards ∙ Updated to reflect changes in IIA standards ∙ Updated to reflect changes to structure around Trust Services principles and practices
Final PDF to printer
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Tenth Edition Supplements