3iFrog

Now with Wiley Desktop Edition!
When you purchase a new copy of this text you will also receive a Wiley Desktop Edition which allows you to study electronically.
Download the full text to your computer!
Use the search function to locate key concepts!
Create your own colour-coded highlights as you revise!
Make notes for revision and share them with your friends!
Chapter 5 ‘The auditors' report' provides an early discussion on the objective of the audit process
Chapter 7 ‘Audit risk assessments' focuses attention on the business risk and audit risk assessment processes which inform audit strategy
Chapter 17 ‘Non audit and other services' emphasises specific non-audit assurance services provided by accounting professionals
Chapter 18 ‘Internal audit' includes the latest developments in internal audit and reflects the importance of this area in corporate governance
Inclusion and explanation of the requirements under the new legally enforceable Australian Auditing
Standards (ASAs). These standards are closely aligned with international auditing standards and these standards are also included in the text for courses that offer an international perspective
The new Code of Ethics for Professional Accountants released by the Accounting Professional and Ethical Standards Board (APESB) is thoroughly discussed and integrated with auditors' legal requirements
Incorporates discussion of the business risk approach to auditing as reflected in the revised standards on audit risk, as well as significantly expanded consideration of the importance and requirements on auditors to consider fraud in planning the audit
Considers the increased role of ASIC, via the ASIC audit inspection program, to ensure quality of the audit process
'Professional Environment' vignettes revised and updated throughout the text. These chapter vignettes present relevant, topical audit issues and/or events that contextualise the audit processes presented in the chapter to the business world
Succinct summary of audit procedures at the beginning of each transaction cycle to highlight the most importance procedures and key risks in each cycle.