AUDITING encourages discovery learning in its coverage of auditing practices. By integrating academic research; offering audit documentation review cases; and proposing research projects that ask students to answer challenging questions, the text exposes students to databases, annual reports, and the professional literature in a way that will prepare them for success in their future careers. The new edition focuses on fraud, restatement, and earnings management--addressing corporate governance and the audit standard setting that is evolving as a result of recent scandals (such as Enron/Arthur Andersen) and mandates (such as the Sarbanes-Oxley Act of 2002 and the standards of the Public Accounting Oversight Board and the SEC).
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I like the proposed change of focus. The author is correct to refocus the text away from assurance services and emphasize on fraud, restatement, and earnings management. In fact I was looking at a new textbook for my auditing class next fall that emphasizes fraud and earning management.
Be successful in this course and in your career with AUDITING! With a focus on fraud, restatement, and earnings management, this auditing textbook exposes you to databases, annual reports, and the professional literature in a way that will prepare you for success in your future career. Real world applications and working paper review cases are just a few of the many tools integrated throughout the text that will help you apply what you're learning to the real world. A concise step-by-step overview of the audit and assurance services processes ensures that you master the concepts presented in the text.
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