Auditing for Dummies Paperback - 2010 - 1st Edition

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