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Auditing For Dummies, by Maire Loughran
Get Free Ebook Auditing For Dummies, by Maire Loughran
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From the Back Cover
The easy way to master the art of auditing Want to be an auditor and need to hone your investigating skills? Look no further. This friendly guide gives you an easy-to-understand explanation of auditing — from gathering financial statements and accounting information to analyzing a client's financial position. Packed with examples, it gives you everything you need to ace an auditing course and begin a career today. Auditing 101 — get a crash course in the world of auditing and a description of the types of tasks you'll be expected to perform during a typical day on the job It's risky business — find out about audit risk and arm yourself with the know-how to collect the right type of evidence to support your decisions Auditing in the real world — dig into tons of sample business records to perform your first audit Focus on finances — learn how both ends of the financial equation — balance sheet and income statement — need to be presented on your client's financial statements Seal the deal — get the lowdown on how to wrap up your audit and write your opinion After the audit — see the types of additional services that may be asked of you after you've issued your professional opinion Open the book and find: A day in the life of an auditor Who gets audited and why Professional standards and ethics How to assess audit risk Tips on collecting and documenting audit evidence The best way to get to know your client Auditing practices for every business angle (revenue, purchases, personnel, and more) What you'll need to complete the audit Learn to: Understand the concepts and theories of auditing Conduct internal and external audits Ensure accurate and correct records Avoid fraudulent practices
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About the Author
Maire Loughran is a self-employed certified public accountant (CPA) who has prepared compilation, review, and audit reports for fifteen years. Additionally, she is a university professor of undergraduate- and graduate-level accounting classes.
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Product details
Paperback: 384 pages
Publisher: For Dummies; 1 edition (July 6, 2010)
Language: English
ISBN-10: 0470530715
ISBN-13: 978-0470530719
Product Dimensions:
7.2 x 0.8 x 9 inches
Shipping Weight: 1.1 pounds (View shipping rates and policies)
Average Customer Review:
4.2 out of 5 stars
36 customer reviews
Amazon Best Sellers Rank:
#104,029 in Books (See Top 100 in Books)
While I was preparing for the Audit portion of the CPA exam, I was having trouble even remotely understanding the Audit sampling section of my CPA Exam preparation course. After scanning the table of contents via Amazon preview, I noticed that this book had 10-12 pages that covered that sampling. After I got the book and studied that section, I had a 100% better understanding of Audit Sampling in about 30 minutes. I was then able to easily answer (most) of the questions of my prep course.Additionally, I found some of the other chapters very helpful in explaining other auditing topics in more colloquial language than my CPA course used. This helped me understand difficult topics more quickly and allowed me to maximize my study time.Most of the topics I read about were heavily tested on my exam, which I barely passed. I don't think I would have passed the exam had I not had this book. Considering the time and cost of preparing for the exam, this book was invaluable.
I purchased this book just for the basics of auditing. This book was probably created with a "dummy" in mind, well dumb to the subject if he or she has never studied it before. I am not planning to use this book for a thesis or anything but it does contain some basics on the subject of auditing. I recommend this for just basic information only. I can see a college instructor's face and reaction if this book is used for anything other than simply reading it.
This book is a real beginner's book for someone who aspires to learn what auditing is all about.Having said that, this book is far from becoming a supplement to preparing for CPA exam or for a college audit course.
Helped break things down while studying for the audit section of the CPA exam. This is NOT a CPA review book, but can help break down some topics you may struggle with to 'dummy' level
It was in great condition.... Look forward to reading it...
Bought this for a class and it doesn't have much other than organizations and suggestions.
Got me a promotion so i rate it a 5.
You will not become a expert. But this book gives you a basic idea of what an auditors does and what is expected of them. If you are interest in becoming an auditor, definitely look into it.
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