The sixth edition of The Audit Process has been updated to include the latest changes in international accounting, auditing and financial reporting standards. The new edition features new questions from some of the most prominent exam boards including ACCA and Chartered Accountants Ireland and a new chapter on corporate governance and responsibility. This edition also welcomes on board Louise Crawford, who brings with her a wealth of experience and knowledge. This text is suitable for students studying auditing and assurance services on accounting, finance and business degrees.

1 Why are auditors needed?
2 An overview of the postulates and concepts of auditing
3 The meaning and importance of auditor independence: factors affecting independence and measures to attain it
4 Audit regulation
5 The risk-based approach to audit: audit judgement
6 The search for evidence explained
7 Systems work: basic ideas 1
8 Systems work: basic ideas 2
9 Testing and evaluating systems
10 Substantive testing, computer-assisted audit techniques and audit programmes
11 Sampling and materiality
12 Final work: general principles, analytical review of financial statements, non-current assets and trade receivables
13 Final work: specific problems related to inventories, construction contracts, trade payables and financial liabilities
14 Final review: post-balance sheet period, provisions, contingencies, letter of representation
15 Assurance engagements and internal audit
16 The auditors’ report
17 Fraud and going concern
18 The audit expectations gap and audit quality
19 Corporate governance
20 The auditor and liability under the law
21 Issues in auditing
22 Examination hints and final remarks

The sixth edition of The Audit Process has been updated to include the latest changes in international accounting, auditing and financial reporting standards. The new edition features new questions from some of the most prominent exam boards including ACCA and Chartered Accountants Ireland and a new chapter on corporate governance and responsibility. This edition also welcomes on board Louise Crawford, who brings with her a wealth of experience and knowledge. This text is suitable for students studying auditing and assurance services on accounting, finance and business degrees. Updated Questions from exam boards allow students to practice the types of questions they will face when sitting exams. The latest changes made to international accounting, auditing and financial reporting standards are included in this new edition to ensure that students are learning the latest standards. Self-assessment questions at the end of each chapter test students’ knowledge of what they have just learnt. Answers for both students and lecturers are provided online so students can check their answers and marking time is reduced for lecturers. Questions from exam boards allow students to practice the types of questions they will face when sitting exams. Extensive further reading and references encourage students to further explore the subject. Activities throughout the chapters allow students to stop and practice key topics as they are going through the chapters. • Case studies are used to show students the issues they will face throughout their careers as auditors A fuller discussion of audit quality and going concern and a new section on the audit of charities.