Auditing For Dummies (Paperback)

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