Spicer's Practical auditing

Part 1 Auditing in perspective: what is an audit why audit - the auditing environment auditor behaviour - independence and ethics liability and the duty of care collecting audit evidence reporting an audit opinion planning and audit objectives understanding the client's business audit risk and materiality inherent and internal control risk other influences on audit planning developing an audit strategy and audit programme work scheduling and staffing the audit tests of controls substantive tests audit sampling auditing accounting estimates computer-assisted audit techniques execution and control completion reviews audit clearance procedures management letters going concern consolidated financial statements the new audit suggested procedures for specific account balances.