Auditing and assurance is a fundamental area of the financial world and a mandatory element of all professional accountancy syllabuses. However, the basic concepts of auditing can be problematic and students can sometimes be overwhelmed by premature immersion in detail. This user-friendly book is designed for those taking professional examinations in accounting, and covers the core concepts of professional auditing and assurance syllabuses (for example those of the ACCA and ICAEW), with an emphasis on key knowledge and basic application skills. It does not seek to be a comprehensive treatment of the subject; rather it is a useful primer in the basic concepts of audit and assurance, which are handled in simple, clear terms. Covering material relevant to students both inside and outside the UK, it works in harmony with the training material produced by established learning providers by giving a firm foundation upon which the more advanced material can build. Key features of the book are: An emphasis on application skills, which are often key to passing the examinations. Coverage of International Standards on Auditing (ISAs) relevant to students both inside and outside the UK, including explanations of the differences between UK and International standards, where they occur. Practical examples. Questions at the end of each chapter to enable the reader to test their knowledge. A companion website containing an additional bank of questions for use by lecturers. Clear and comprehensible coverage of the wider concept area of assurance, which is becoming an increasingly important area of audit.
