Montgomery's Auditing : College Version Book

THE AUDIT ENVIRONMENT.

The Organization and Structure of the Auditing Profession.

Auditing Standards and Professional Conduct.

Professional Responsibility and Legal Liability.

THEORY AND CONCEPTS.

The Audit Process.

Audit Risk, Materiality, and Engagement Strategy.

The Internal Control Structure.

Assessing Inherent and Control Risk.

Controlling Detection Risk: Substantive Tests.

The Extent of Testing: Audit Sampling.

Auditing in an EDP Environment.

AUDITING SPECIFIC CYCLES AND ACCOUNTS.

Auditing the Revenue Cycle.

Auditing the Buying Cycle.

Auditing the Production Cycle, Cost of Sales, and Inventory Balances.

Auditing Cash Balances and Property, Plant, and Equipment.

Auditing Investments, Prepayments and Accruals, Taxes, and Debt and Equity Accounts.

COMPLETING THE WORK AND REPORTING THE RESULTS.

Completing the Audit.

The Auditor's Report.

Responsibilities in Other Engagements.

Appendices.

Index.