Auditing: A Risk Analysis
Approach
5th Edition
Larry F. Konrath University of Toledo
Description:
Utilizing a unique, risk
analysis approach to auditing, Konrath's 5e emphasizes auditor identification of risk
factors and the allocation of audit resources to high-risk areas. Organized into five
distinct parts for better continuity, Konrath's 5e has been completely updated and revised
throughout. Konrath's 5e offers expanded coverage of the Internet, assurance services and
ethics. These updates and improvements, combined with a built-in, computerized audit
practice case, provide an outstanding resource for preparing students for the CPA exam.
Auditing: A Risk Analysis Approach, 5e gives students the tools they need to pursue
successful careers in a global economy.
Benefits:
Practice Case: The
Biltrite Bicycle Computer Audit Practice Case is introduced earlier in the text: Now in
Excel format, this unique practice case is introduced after students complete chapter five
on audit planning. In addition, students are also directed to the Web site of the
Cannondale Corporation, an actual bicycle manufacturer, to compare key percentages and
ratios with the Biltrite practice case.
Internet Assignments:
Students are invited to explore Web sites for the AICPA, the Independence Standards Board,
the Public Register's Annual Report Service, 10K Wizard and more with all-new Internet
assignments. These Internet assignments have been integrated throughout the fifth edition.
Questions and Cases:
Essay questions and discussion cases involving actual companies are presented. These
exercises feature companies such as Rite Aid, IBM, Sunbeam Corporation and Bankers Trust,
and demonstrate the impact and issues of auditing on real-world companies.
Expanded and Updated
Web Site: Take advantage of the wealth of online resources at the Konrath product Web
site, including interactive tutorials, PowerPoint presentation slides, an auditing and
accounting links library, crossword puzzles and more.
Expanded Coverage of
Assurance Services: Chapter 15 covers the growing area of assurance services. Konrath
discusses actual assurance services such as SysTrust, WebTrust, and ElderCare,
highlighting the impact of assurance services on auditing.
Increased Coverage of Ethics:
The concept of ethical behavior is presented throughout the text, with a CPA-specific
discussion of the Code of Professional Conduct. Students will develop a clear
understanding of the role ethics plays to the professional auditor.
804 pages + CD