Download or read book Analytical Review written by Edward Blocher and published by McGraw-Hill Companies. This book was released on 1988 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Guide written by AICPA and published by John Wiley & Sons. This book was released on 2016-11-30 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: AICPA Audit Guides are developed and updated to provide guidance and tools for practitioners as they perform audit engagements. The AICPA Audit Guide Analytical Procedures, updated as of March 1, 2012, includes relevant guidance contained in applicable standards and other technical sources. The guide summarizes applicable requirements and practices, and delivers "how-to" advice for handling analytical procedures used in audits. The included case study illustrates the use of analytical procedures in planning and substantive testing, utilizing trend analysis, ratio analysis, reasonableness testing, and regression analysis. The appendices include a variety of examples of financial ratios and a comparison of the key provisions of the Risk Assessment Standards. This AICPA Audit Guide has been fully conformed to reflect the new standards resulting from the Clarity Project. Fully incorporating the clarified auditing standards into this year’s edition of the guide enables auditors to further their understanding of these recently issued auditing standards, as well as begin updating their audit methodologies, resources, and tools prior to the clarified auditing standards’ effective date. Additionally, this approach gives auditors the opportunity to review and understand the changes made by their third-party audit methodology and resource providers, if applicable. The clarified auditing standards are effective for audits of financial statements for periods ending on or after December 15, 2012 (calendar year 2012 audits). Auditors should continue to use the previous edition of this guide (2008 edition) until the clarified auditing standards become effective for the auditors’ engagements.
Download or read book Guide to Audit Data Analytics written by AICPA and published by John Wiley & Sons. This book was released on 2018-02-21 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed to facilitate the use of audit data analytics (ADAs) in the financial statement audit, this title was developed by leading experts across the profession and academia. The guide defines audit data analytics as “the science and art of discovering and analyzing patterns, identifying anomalies, and extracting other useful information in data underlying or related to the subject matter of an audit through analysis, modeling, and visualization for planning or performing the audit.” Simply put, ADAs can be used to perform a variety of procedures to gather audit evidence. Each chapter focuses on an audit area and includes step-by-step guidance illustrating how ADAs can be used throughout the financial statement audit. Suggested considerations for assessing the reliability of data are also included in a separate appendix.
Download or read book Statistical Techniques for Analytical Review in Auditing written by Kenneth W. Stringer and published by *Ronald Press. This book was released on 1986-02-18 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The technique enables the independent auditor to integrate the concepts of materiality and audit risk as set out in SAS 47 and permits effective use of sophisticated techniques without requiring a mathematics background. It is easy-to-use, includes extra math and graphics functions and can be interfaced with the Lotus 1-2-3.
Download or read book Auditing written by Raymond N. Johnson and published by John Wiley & Sons. This book was released on 2021-10-05 with total page 818 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data analytics and emerging technology tools continue to evolve the business world, and employers expect new skillsets from graduates. Prepare your students to meet the rapidly changing demands of the workforce and become the future auditors and accounting professionals of tomorrow with Auditing: A Practical Approach with Data Analytics, 2nd Edition. In order to develop job-ready skills, students need to have a thorough understanding of auditing applications and procedures. Auditing, 2nd Edition helps students learn core auditing concepts efficiently and spark effective learning through integrated assessment learning that builds students' confidence and strengthens their ability to make connections between topics and real-world application. Throughout the course, students work through a practical, case-based approach with a decision-making focus, all within a real-world context with the Cloud 9 continuing case, Audit Decision Cases, and Audit Decision-Making Examples. These cases and resources help students learn to think critically within the auditing context and refine the professional judgement and communication skills needed to make real business decisions auditors face every day. With Auditing: A Practical Approach with Data Analytics you will be able to help students develop a deeper understanding of auditing procedures and learn how to perform a real-world audit, stay up-to-date on the latest audit standards technology tools, and develop the key skills to become the auditors of tomorrow.
Download or read book Statistical Techniques written by Kenneth W. Stringer and published by Wiley. This book was released on 1996-04-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the continuing success of STAR, the computer-based auditing system first pioneered by Deloitte & Touche LLP almost 25 years ago, Statistical Techniques for Analytical Review in Auditing, Second Edition builds on its original text to provide a comprehensive, up-to-date, and practical guide to using this highly effective and efficient system for planning, performing, and evaluating analytical procedures. The first edition of this unrivaled work was published in 1986, following 15 years and thousands of effective applications of the STAR Program worldwide. This Second Edition has been thoroughly updated to reflect the changes required by SAS 56, and features additional practical examples and all new graphics and printouts. Without using complicated mathematics, the authors take the reader through the understanding and implementation of STAR in four stages: Beginning with a description of the audit philosophy behind its success, they provide an overview of STAR's role in analytical procedures. They then cover the basic statistical concepts of regression analysis and other statistical techniques utilized by STAR. The authors then explain the practical aspects of designing and improving STAR models and of interpreting and evaluating their results. Finally, they describe in detail the statistical tests and transformations performed by STAR and explain the mathematics behind multivariate regression. Pertinent examples are used throughout to illustrate both theory and practice. The only text currently available on this successful and widely used auditing program, Statistical Techniques for Analytical Review in Auditing, Second Edition is designed to be an invaluable resource for external as well as internal auditors involved in business, government, and nonprofit organizations. A new and updated edition of a classic text for the auditing professional STAR, the premier computer-based auditing system for performing statistical procedures, has been successfully implemented in thousands of worldwide audits. Developed by Deloitte & Touche LLP, STAR is designed to integrate statistical modeling techniques and professional judgments in a manner that is optimized for auditors. Statistical Techniques for Analytical Review in Auditing was written to explain the concepts and techniques implemented through STAR and to encourage their use by other auditors. In this new and thoroughly updated Second Edition, the authors continue to provide the audit marketplace with an important and far-reaching resource. Written from the perspective of the practitioner, Statistical Techniques for Analytical Review in Auditing, Second Edition features: An overview of the auditing environment and the role of analytical procedures Intuitively appealing, nontechnical coverage of regression analysis and other statistical techniques used in STAR Practical guidance on building and evaluating STAR applications Details of mathematical and computational technology in STAR Many practice-based examples
Download or read book Audit Risk Assessment Made Easy written by Charles Hall and published by . This book was released on 2021-08-07 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Teaches auditors how to use risk assessment to plan their engagements.
Download or read book Auditing written by Raymond N. Johnson and published by Wiley Global Education. This book was released on 2019-05-20 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: The explosion of data analytics in the auditing profession demands a different kind of auditor. Auditing: A Practical Approach with Data Analytics prepares students for the rapidly changing demands of the auditing profession by meeting the data-driven requirements of today’s workforce. Because no two audits are alike, this course uses a practical, case-based approach to help students develop professional judgement, think critically about the auditing process, and develop the decision-making skills necessary to perform a real-world audit. To further prepare students for the profession, this course integrates seamless exam review for successful completion of the CPA Exam.
Download or read book Analytical Procedures written by and published by American Institute of Certified Public Accountants (AICPA). This book was released on 2007 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Procedures written by Luis Puncel and published by CCH. This book was released on 2007-12 with total page 918 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed specifically to help practitioners prevail in the current climate of intense scrutiny, Audit Procedures presents the conservative and cost-effective approach needed to conduct a higher-quality audit of nonpublic commercial entities. Practical discussion and consideration of the day-to-day management of audit engagements enhance the quality of the auditor's practice while easy-to-read and easy-to-understand advice, procedures, and practice aids enable practitioners to put official pronouncements into action immediately. The 2008 Edition integrates Knowledge-Based Audits of Commercial Entities and explains the AICPA's Auditing Standards Board's new risk assessment standards, which represent significant changes to existing audit practice.
Download or read book Audit Analytical Procedures written by D. Eric Hirst and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Analytical procedures have become an increasingly important part of financial statement auditing over the last 10 years. First recommended for audits by the Auditing Standards Board in 1978, analytical procedures are mandated for planning and overall review purposes by Statement on Auditing Standards (SAS) No. 56. In response to increased concerns about audit efficiency and effectiveness, analytical procedures are increasingly being used in place of and as a supplement to substantive tests of details. Despite their increased use, little is known about how analytical procedures are performed in practice. The purpose of this study is to describe how auditors perform analytical procedures at the planning, substantive testing, and overall review stages of the audit. To accomplish this, we conducted a series of interviews with 36 audit professionals at various levels of experience and responsibility (i.e., seniors, managers, and partners) representing all of the U.S. Big Six accounting firms. The contributions of our study are threefold. First, by contributing to a more complete understanding of how analytical procedures are performed, we provide the basis for accounting researchers to identify current analytical procedure problems/issues and, thus, perform more relevant research. Second, we provide the Auditing Standards Board members with relevant information about current practice for their deliberations on revised guidance for analytical procedures. Third, we provide educators with a characterization of analytical procedures as performed in practice, thereby facilitating their classroom coverage of this important topic.
Download or read book Research Opportunities in Auditing written by James K. Loebbecke and published by . This book was released on 1987 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Guide written by AICPA and published by Wiley. This book was released on 2016-11-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: AICPA Audit Guides are developed and updated to provide guidance and tools for practitioners as they perform audit engagements. The AICPA Audit Guide Analytical Procedures, updated as of March 1, 2012, includes relevant guidance contained in applicable standards and other technical sources. The guide summarizes applicable requirements and practices, and delivers "how-to" advice for handling analytical procedures used in audits. The included case study illustrates the use of analytical procedures in planning and substantive testing, utilizing trend analysis, ratio analysis, reasonableness testing, and regression analysis. The appendices include a variety of examples of financial ratios and a comparison of the key provisions of the Risk Assessment Standards. This AICPA Audit Guide has been fully conformed to reflect the new standards resulting from the Clarity Project. Fully incorporating the clarified auditing standards into this year’s edition of the guide enables auditors to further their understanding of these recently issued auditing standards, as well as begin updating their audit methodologies, resources, and tools prior to the clarified auditing standards’ effective date. Additionally, this approach gives auditors the opportunity to review and understand the changes made by their third-party audit methodology and resource providers, if applicable. The clarified auditing standards are effective for audits of financial statements for periods ending on or after December 15, 2012 (calendar year 2012 audits). Auditors should continue to use the previous edition of this guide (2008 edition) until the clarified auditing standards become effective for the auditors’ engagements.
Download or read book CPA Review written by and published by . This book was released on 2006 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Analytical review written by James R. Coakley and published by . This book was released on 1982 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study compares some of the analytical review procedures which are currently used by practicing auditors. The comparison is based on the measured efficiency and effectiveness of the analytical review procedures applied to actual financial data. The measure of efficiency is the type I error rate and the measure of effectiveness is the type II error rate. A simulation process is used to measure the type I and type II error rates of the alternative analytical review procedures. Personal interviews are conducted with each participating auditor to derive the needed information. The simulation process applies each of the analytical review procedures to actual financial data seeded with monetary errors of various size and various monthly distributions across the account balances. The results of the simulation identify specific analytical review procedures which are considered most efficient for a specified level of effectiveness. The major finding of this study is that the precision currently used with analytical review procedures may be too restrictive. Many investigations are signalled by the analytical review procedures as a result of normal fluctuations in the financial data, prior to the introduction of monetary error into the account balances. The results of the study suggest that analytical review procedures may not provide sufficient audit assurance when applied as substantive tests.
Download or read book Computer Assisted Analytical Review System written by William R. Kinney and published by . This book was released on 1986 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Analytics written by J. Christopher Westland and published by Springer Nature. This book was released on with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt:
