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Auditing For Dummies, by Maire Loughran
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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
- Sales Rank: #301550 in Books
- Brand: Loughran, Marie
- Published on: 2010-07-06
- Original language: English
- Number of items: 1
- Dimensions: 9.20" h x .80" w x 7.40" l, 1.25 pounds
- Binding: Paperback
- 384 pages
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
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.
Most helpful customer reviews
21 of 22 people found the following review helpful.
Readable !
By Byungsoo Kim
I am IT manager with limited audit experience. While working on SAP systems, I want to develop my career with combination of IT and finance.
If you want to take CPA exam this book may lack depth. Nonetheless my motivation is to get gist of audit process without going back to college. It serves me well. I was able to read through the book in two weeks. Considering my limited knowledge of auditing and accounting, this book is written in PLAIN ENGLISH for dummies like IT managers
12 of 12 people found the following review helpful.
Dummies
By Frequent reader
Great book for a great price. Was not understanding my Auditing class at college and this helped bring in into focus. Could have been a little better if it had followed one company through an audit, but was definitely worth it.
5 of 5 people found the following review helpful.
Written like a text book.
By Spirit of VAF
I am an accountant who is retired and sometimes I go on audits with a small CPA firm and I wanted to bone up on auditing practices. It may be too difficult for the general reader who does not have an accounting background, even though I found it helpful for me.
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