Auditing: A Business Risk Approach

Auditing: A Business Risk Approach

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The auditing environment continues to change in dramatic ways, and new professionals must be prepared for a high standard of responsibility. Prepare your students for these changes by using the new decision-making framework in Rittenberg/Johnstone/Gramlinga€™s AUDITING: A BUSINESS RISK APPROACH, 7th EDITION. With the help of new author Audrey Gramling, AUDITING 7e explains the importance of understanding business risk, internal controls, and the professional judgment processes. The latest edition keeps your students in touch with todaya€™s rapidly changing environment by describing updates in the regulatory environment, such as Section 404 of the Sarbanes-Oxley Act. The authors have also expanded the coverage on the integrated audit. In addition, students will gain valuable experience by using the professional ACL auditing software, packaged with each new text, as they work with fraud cases. AUDITING 7e helps your students understand the risk associated with auditing in a relevant way. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.For example, every time Ford sells a new vehicle, it has to estimate the average cost it expects to incur in meeting its ... The warranty expense and liability are recorded at the time each sale is made. ... The auditor can audit the account by testing the controls that are part of the information system used by the client and/ or ... In early 2000, a plaintiff lawyer became involved in a lawsuit in which his clients were injured when a Ford Explorer ... Long-Term Liabilities and Ownersa#39; Equity 693.

Title:Auditing: A Business Risk Approach
Author:Larry Rittenberg, Karla Johnstone, Audrey Gramling
Publisher:Cengage Learning - 2009-06-17


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