Book Description

A complete guide to leveraging the power of Sarbanes-Oxley–specifically for nonprofits

The first book to discuss the implications of Sarbanes-Oxley legislation as it relates to nonprofit organizations, Sarbanes-Oxley for Nonprofits is an essential guide for all nonprofit executives and boards who want to know how the new legislation can enhance their organization's mission.

By establishing a "platinum standard" of operations and governance within nonprofit organizations, executives and board members will be better equipped to attract high-quality staff and board members, as well as the attention of donors and other potential funding sources. Sarbanes-Oxley for Nonprofits presents the best practices that have emerged from the Public Company Accounting Reform and Investor Protection Act (Sarbanes-Oxley) in a manner that explains their source and value to the nonprofit organization.

Written for both small and large nonprofits, Sarbanes-Oxley for Nonprofits includes:

• Practices intended to establish a "platinum standard" of operations and governance within the nonprofit
• Coverage of audits, financial statements, board activities and decision making, how to teach board members to read and interpret financial statements, conflicts of interest, whistle-blower protection, and how to leverage these standards to gain a competitive advantage
• Sarbanes-Oxley best practices and the organizational culture
• Sample documents, forms, and checklists to introduce these best practices into any nonprofit organization
• And much more!

Book Description

The third edition of Messier employs the new audit approaches currently being used by auditing professionals, and soon to be adopted by the Auditing Standards Board. This approach places emphasis on understanding the entity (i.e., the organization or business being audited) and its environment (i.e. industry), and then assessing the business risks faced by the entity and how management controls those risks. This new audit process focuses on business processes instead of accounting cycles. This unique and innovative approach has been developed in response to changing market dynamics. The systematic approach, referred to in the subtitle of the text, reflects the early introduction of three basic concepts that underlie the audit process: materiality, audit risk, and evidence; this allows Messier to build upon this model in subsequent chapters. These are central to everything an auditor does and a unique feature of Messier.As such, this approach facilitates student development of auditor judgment, a vital skill in today¿s auditing environment. ... Read more

Book Description

Howard Hughes was one of the most amazing, intriguing, and controversial figures of the twentieth century. He was the billionaire head of a giant corporation, a genius inventor, an ace pilot, a matinee-idol-handsome playboy, a major movie maker who bedded a long list of Hollywood glamour queens, a sexual sultan with a harem of teenage consorts, a political insider with intimate ties to Watergate, a Las Vegas kingpin, and ultimately a bizarre recluse whose final years and shocking death were cloaked in macabre mystery. Now he is the subject of Martin Scorsese's biopic The Aviator. Few people have been able to penetrate the wall of secrecy that enshrouded this complex man. In this fascinating, revelation-packed biography, the full story of one of the most daring, enigmatic, and reclusive power brokers America has ever known is finally told. ... Read more

Reviews (5)

The Person Behind The Name
Hughes was a man who accomplished most of what he did before my time, so I've only remembered him as a billionaire, eccentric, and recluse, before reading this book. During his time he was a go-getter who tried many adventurous things professionally and both personally and privately.

This book brings to light the details of of the younger Hughes' extraordinary personal life, which I found more interesting than the business side of it. He spent notable time in Southern California and Los Angeles. Many tales bring Old Hollywood and Los Angeles to light. His involvement in the movie business producing films, influenced in part, as an avenue to get to the ladies of the screen. Details of his relationships with the stars of the day are illuminated. Taking dates to the mounted cross atop one of the Hollywood Hills, overlooking the flatlands and lights of LA. He even crashed a plane into 3 houses in Beverly Hills.

His 3rd plane crash, occurred while performing a flying stunt during the shooting of a movie (the stunt pilots refused to do the stunt because they considered it too dangerous). As a result of that crash he was in the hospital with critical life-threatening injuries. This was when HH was introduced to Codeine for the severe pain, something he would become addicted to for most of the rest of his life.

The book later progresses in the latter years of Hughes. Today, it is apparent to contemporary psychologists that Hughes was likely suffering from a form of the Obsessive Compulsive Disorder. Nowadays, OCD is more understood and highly treatable with medication. In HH's time, it was not thought of in biological and physiological terms.

Hughes' first break came when he entered a screening room and stayed in it for 5 full months. He didn't bathe, watched the same movies 30 times over, and survived on a diet of candy bars. Hughes consciously and voluntarily turned over his business affairs to competent managers. These were employees, and were people who made prudent decisions and looked out for HH's best interests. During this time, other sharks started to gather. Such is the case when large amounts of money is involved. Bill Gay, one of Howard's chauffeur, made crafty and cunning political moves to ascend over the years. He got Howard's ear, and became more influential on him. Gay eventually took the reigns of control over Huges' wealth. He then deftly purged the other business managers who served Hughes with dedication and integrity. The former chauffeur and his fellow Mormon henchman took over Hughes and his affairs, isolated him, and squeezed out those who cared for Hughes and wanted the best for him.

It's sad, for during the latter decades of Hughes life it seemed that no one was really there for him, if he had wanted anyone to to be there.

In death, over one thousand--yes, 1000--people came out of the woodwork to lay claim to Howard Hughes wealth after his passing.

To this day, We're still not sure if his death was natural, self-induced, or the intentional doings of others....

Very informative.
Howard Hughes died when I was only 12 so I knew next to nothing about him prior to the "recluse" years and I found this book extremely interesting. History has dealt somewhat harshly with HH but this book managed to shed some sympathetic light on the mysteries surrounding him. His strange relationship with his mother, his drive to control and collect, his grand scale successes and equally grand failures touched a chord with me. How sad to have so much but ultimately be so unfulfilled and lonely. Whether you find him an eccentric genius or a man tortured by mental illness, you must agree he left behind a significant legacy.

The only minor complaint I have with this book is chronologically it was occasionally hard to follow since a chapter regarding business deals would then be followed by a chapter on personal affairs that were conducted during the same period of time. It was easy to get confused regarding timeframes.

Howard Hughes, The Untold Story
We can call him a womanizer, low life, skirt chaser or many other names. The fact remains the person was a genius and has opened many doors for the traveler of today. Hughes was a very self centered individual and had feeling only for his self gratification. I found this book difficult to put down, even though I could not like the main character.

terrible terrible terrible
I love to read.I read almost everything that I can get my hands on.I am currently reading this book for my book club.This man(Howard) is the biggest jerk of the 20th century! I guess it's true money talks and talks and talks. I'm having a very difficult time trying to finish this book. How anyone could be a fan of this man is totally beyond me. I believe that it's the money that they all so fond of. Don't waste your time. Don't waste your money. Howard wasted enough money for everyone.

Everything you ever wanted to know about Howard Hughes
If your a HRH fan this is the book for you. Precise detailed account of the life of the most interesting and mysterious man of this century. Lots of new information never before published. Well writen hard to put down. ... Read more

Book Description

This book is not essentially a "how to audit" book, but rather it serves to raise the consciousness of the underlying issues, risk and objectives for a wide range of operations and activities. It stimulates creative thought about the business context of operational audit reviews. ... Read more

Reviews (3)

Not Worth the Price
This book is not worth the price.It is written by an author from the UK and his concept of operational or "operations" auditing may be different from yours.The whole book is devoted to internal control.Each chapter provides a checklist of internal control questions for each business "operation," what we in the US would call a system, i.e. purchasing, accounting, ect.Nothing new is presented in this book and the information it provides can be obtained from other sources at much less cost.

A very good auditing handbook
"The Operational Auditing Handbook" is a very good and practical manual on auditing. It's accompanying software is easy to customize. The audit checklists are very accurate and experienced based. I put it on the same level as "Operational Profitability; Conducting ManagementAudits."

This book is very overpriced.
The cost of this book greatly outweighs its value.For information on operational auditing, I would look somewhere else. ... Read more

Book Description

The Internal Auditing Pocket Guide prepares those new to auditing to conduct internal audits against quality, environmental, safety, and other specified criteria. From the audit assignment to analyzing results to following up on action items, this guide summarizes all the steps necessary to complete an internal audit. Throughout the guide charts, graphs, and illustrations are used to demonstrate the process. Whether you are learning the basic auditing conventions to qualify as an internal auditor or using this book for self-improvement, both you and your organization will benefit from the new skills you acquire through this easy-to-use pocket guide. ... Read more

Reviews (1)

Steps through the basics
This book is an introduction to internal auditing. The content is relatively straightforward and generic, providing reasons for internal auditing, and a four step process for performing this function.

Note - this book is high-level and does not address specific auditing requirements such as those associated with Sarbanes-Oxley, or even the mechanics of financial controls. It's all about determining either conformance or compliance (or both).

The four-step process encompasses:
(1) Identify plans (what it is that is supposed to be done)
(2) Observe (are people following the plan)
(3) Evaluate collected facts (evidence associated with the plan and observation steps)
(4) Report the results (findings, gap analysis, etc.)

Chapters 1 and 2 are basic - welcome to auditing, and getting the assignment. The next four chapters provide the structure, approach and principles needed to perform the audit - purpose and scope, preparing for the audit, requirements and planning, and audit strategies. The final five chapters cover conducting the actual audit - initiation, data collection, process techniques/process auditing, analyzing results, and reporting and follow-up.

In addition to the high-level coverage of internal auditing, this book augments this information with a glossary, seven appendices providing example plans, checklists and other useful information to help understand the work product and the auditing process itself. There is an excellent summary at the end of the appendices that give basic auditing principles.

This small book is a good introduction to internal auditing and will give the fundamentals in a clear, easy-to-follow manner. ... Read more

Book Description

Known for its clear writing style and accessibility, this revision incorporates increased emphasis on understanding the business and industry, analytical procedures, computer aspects of internal controls, plus new assurance and value-added services, Internet applications and end-of-chapter materials. The result is a new edition that provides comprehensive and integrated coverage of the latest developments in the environment, standards, and methodology of auditing. ... Read more

Reviews (1)

It's OK.
I'm a college student. I am studying auditing to take an AICPA exam. well, auditing is hard for me to study. I think, in order to understand a structure of auditing, reading a book is important. 'Modern Auditing' is helpful to me. A consistent arrangement of context, detailed indexes, lots of figures.... I'd like to recommend 'Modern Auditing'. ... Read more

Book Description

Delivers the latest pronouncements to help accountants perform flawless engagements. The reader friendly format equips you with checklists, application procedures and practice aids. The book is modelled on the AICPA's codification structure so you can easily follow the latest SASs, SAS Interpretations, SSAEs, SSAE Interpretations, SSARs, SSAR Interpretations, Auditing SOPs. Technical jargon is minimised. The enclosed CD ROM contains all the timesaving checklists, forms and reports needed to perform a thorough audit.

· Best-selling, widely respected guides provide credibility and established authority
· Fully updated for 2005 and available now
· Logically structured and clearly indexed for ease of use ... Read more

Book Description

This text provides real-life examples of ethical dilemmas, poor ethical choices, and wise ethical decisions from newspapers, business journals and the author's experiences as a consultant and board member.This text not only assists in fulfilling the AACSB's curriculum requirement but exposes students to a critical issue---the strong sense of values that is essential to principled and successful leadership in the business world.The cases also apply theory to reality in order to nurture or reinforce a needed sense of values in future business leaders. ... Read more

Book Description

The third edition of Messier employs the new audit approaches currently being used by auditing professionals, and soon to be adopted by the Auditing Standards Board. This approach places emphasis on understanding the entity (i.e., the organization or business being audited) and its environment (i.e. industry), and then assessing the business risks faced by the entity and how management controls those risks. This new audit process focuses on business processes instead of accounting cycles. This unique and innovative approach has been developed in response to changing market dynamics. The systematic approach, referred to in the subtitle of the text, reflects the early introduction of three basic concepts that underlie the audit process: materiality, audit risk, and evidence; this allows Messier to build upon this model in subsequent chapters. These are central to everything an auditor does and a unique feature of Messier.As such, this approach facilitates student development of auditor judgment, a vital skill in today's auditing environment. ... Read more

Book Description

"The Audit Committee Handbook, Fourth Edition serves as anexcellent and functional road map for audit committee members, corporate boardmembers, and practitioners operating within today's vastly changing regulatoryenvironment . . . providing the tools for better adherence to the newlyenacted, higher standards of corporate responsibility."—Jo Ann Golden, CPA,Past president, New York State Society of Certified Public Accountants,Partner, Dermody, Burke & Brown, CPA, PLLC

The classic guide to audit committeeresponsibilities—completely updated to cover the newest regulations
Since the publication of the Third Edition of The Audit Committee Handbook in1999, the accounting world has been turned on its heel by the major debacles ofEnron, WorldCom, Tyco, and others. With major reform in the air, auditcommittee members need the most current information available to help themadhere to the new guidelines.

The Audit Committee Handbook, Fourth Edition fills the needfor an up-to-date reference to help busy professionals perform oversightresponsibilities during this time of great financial liability. This newlyupdated Fourth Edition features:

• Checklists and practical guidance to help audit committee members meet their responsibilities in this new era of accountability
• The latest guidance for compliance from the SEC and the major stock exchanges
• New material addressing the scandals of the past two years and their impact on audit committees
• Guidance from the IIA on how to work with internal auditors

Audit committees have come under increased scrutiny due toseveral high-profile accounting scandals. In all these scandals, the auditcommittees completely failed in their oversight responsibilities and signed offon fraudulent information. With new, more stringent regulations in place toimprove oversight effectiveness, audit committees are now more accountable fortheir company's financials than ever before. The newly revised Fourth Editionof The Audit Committee Handbook is completely updated to help you comply withthe new, stricter regulations.

Comprehensive in scope and an invaluable professionalreference, this timely revision provides in-depth guidance on all functions andresponsibilities of today's audit.Addressing such changes as theSarbanes-Oxley Act of 2002 and the Securities and Exchange Commission's finalrules amending the securities laws, this Fourth Edition provides up-to-dateinformation on all the functions, duties, and responsibilities of auditcommittees, as well as their direction in the corporate governance context. Focusing on current trends and developments that maximize the effectiveness ofaudit committees, The Audit Committee Handbook also includes numerousreferences to leading organizations in both the public and private sectors.

Written to help audit committees plan their agendas andachieve their mission in corporate governance, The Audit Committee Handbookhelps professionals:

• Understand the role and responsibilities of the audit committee with a general update and reality check on auditing cycle activities
• Identify the developments that impact audit committee practices and the latest techniques and strategies for committee meetings
• Develop a repertoire of effective strategies to help the board of directors discharge its fiduciary responsibility to the stockholders
• Prepare a periodic assessment of professional development activities and an informed review of both audit processes and financial reporting processes
• Understand the legal aspects of the audit committee and role of legal counsel, as well as fraudulent financial reporting

The Audit Committee Handbook is a must-have for all auditcommittee members, board directors, corporate secretaries, CEOs, CFOs, andauditors involved in the accounting practices of their firms. ... Read more

Reviews (1)

a very comprehensive and useable handbook.
comments; should have real examples of audit committee reports i.e. report to shareholder ( in annual report ), report to the board of director. ... Read more

Book Description

YOUR MUST-READ GUIDE TO TECHNIQUES AND STRATEGIES FOR FRAUD DETECTION AND PREVENTION

Written by an accountant with over 30 years of proactive fraud-specific auditing experience, this one-of-a-kind, how-to guide provides rare expertise and hard-to-find information on this increasingly staggering and costly problem.

As businesses lose over $100 billion a year to fraud with only 20 percent being discovered, the need to be more proactive in detecting fraud is increasingly obvious. Here is the only book available that describes the different types of fraud and then provides proven methods of detection.

• Breaks fraud into three categories, revealing that the fraud that is usually detected comprises a relatively small percentage of the fraud universe
• Provides new insights into the nature of fraud and the mind-set needed to combat it
• Provides proven solutions to how to expose different types of fraud
• Includes numerous case studies, most based on the author’s actual experience, that reveal the real world of fraud, how easy it can be to perpetrate, and how difficult to prosecute

Gain the expertise–and the attitude–necessary to step up fraud prevention in both public and private entities, with this comprehensive, clear-headed, and invaluable resource.

www.wiley.com/accounting ... Read more

Book Description

The clearest, easiest-to-use guide to understanding GAAS 2005 on the market—fully updated!

This latest resource to understanding GAAS addresses the toughest part of an accountant's job—identifying, interpreting, and applying the many audit, attest, review, and compilation standards relevant to a particular engagement. Wiley Practitioner's Guide to GAAS 2005, the only reference written by the primary authors of the AICPA Statements on Auditing Standards (SASs), offers the accounting professional a clear, accessible distillation of the official language of those standards, Statements on Standards for Attestation Engagements (SSAEs), and Statements on Standards for Accounting and Review Services (SSARSs)—as well as advice on exactly when and how to remain fully compliant with each. The only GAAS reference organized according to practitioners' actual use of the Statements on Auditing Standards, Wiley Practitioner's Guide to GAAS 2005 presents each statement individually, explaining how the standards are related and offering guidance on the entire engagement process in the form of practice notes, checklists, questionnaires, and real-world examples that illustrate how the fundamental requirements of each section are applied. Other key features include:

• A brief identification of each SAS, SSAE, and SSARS, with its effective date and tips on when to apply it
• A convenient and comprehensive glossary of official definitions that are usually scattered through-out a standard
• Behind-the-scenes explanations of the reasons for each pronouncement and brief explanations of the basic ideas of the section
• Concise listing and descriptions of each standard's specific mandates
• Easy-to-read capsule summary of interpretations, plus selected AICPA practice alerts and advisories
• Helpful techniques for remaining compliant with each standard

New in GAAS 2005!

• SSARS No. 10, Performance of Review Engagements
• SSARS No. 11, Standard for Accounting and Review Services
• Summaries of
• PCAOB Auditing Standard No. 1, References in Auditors' Reports to the Standards of the Public Company Accounting Oversight Board
• PCAOB Auditing Standard No. 2, An Audit of Internal Control Over Financial Reporting Performed in Conjunction with an Audit of Financial Statements
• PCAOB Auditing Standard No. 3, Audit Documentation

Reviews (1)

Audit performance guide
This book deliver audit of the human resources department is a four step process:information gathering,evaluation,analysis and action planning.each step begins with specific instructions.

It shows professionals how to keep the process on track and in control, without omitting details or having to delegate this crucial task to outside consultants. After posing a series of questions that serve to gauge a department's effectiveness, he provides guidance for scoring and analyzing answers and developing action plans for immediately improving problem areas. Topics include recruitment and selection, training and development, employee relations, benefits, compensation, planning, diversity and equal employment opportunity, safety and environment, and more.

Was this review helpful to you? ... Read more

Book Description

Today’s demanding marketplace expects auditors to take responsibility for fraud detection, and this expectation is buoyed by such legislation as the Sarbanes-Oxley Act and the Auditing Standard (SAS99), which requires increased performance on the part of the auditor to find material financial statement fraud.

Written by a group of the best forensic accountants and auditors at PricewaterhouseCoopers, The Auditor’s Guide to Forensic Accounting explores exactly what assurances auditors should provide and suggests alternatives to giving the capital markets more of what they are requiring–greater assurances that the financial statements they rely upon for investment decisions are free of material error, including fraud.It reveals the surprising complexity of fraud deterrence, detection, and investigation, and offers a step-by-step approach to understanding that complexity.

From basic techniques to intricate tests and technologies, The Auditor’s Guide to Forensic Accounting is a rich, multifaceted, and fascinating answer to the need for wiser, savvier, better-trained financial statement and internal auditors who are thoroughly familiar with fraud detection techniques and the intricate, demanding work of forensic accounting specialists. ... Read more

Book Description

An entertaining introduction to a very serious and complex issue

Internal control is no longer the exclusive domain of highly trained accountants on the internal auditing staff. Corporate boards, CEOs, and employees at virtually every level are now seen as responsible for designing, implementing, and monitoring these controls; few, however, have the training and background needed to fulfill this complex responsibility.

Through the entertaining story of a manager’s visit to the Caribbean, Internal Control: A Manager’s Journey illustrates how control can be managed throughout an organization. In each chapter, Operations Manager Bill Reynolds learns the key concepts and techniques of internal control and discovers how to design, document, install, and monitor an innovative, efficient internal control policy. He discovers that effective internal control is based on risk assessment and should encourage innovation. He also learns important techniques for preventing, detecting, and correcting fraud.

This unconventional, extraordinarily useful guide is peppered with practical examples and workable solutions that can be used to institute improved control and accountability in any company of any size. It’s the ultimate resource for CEOs, CFOs, operations managers, and anyone involved in the design, implementation, review, or reporting of internal controls. ... Read more

Reviews (3)

Very Good General I/C Coverage
This book did an excellent job of covering the entire gamut of internal control from the enviroment to procedure writing. The chapter on concepts of control was particularly well written.

This book definitely prepares you for the next step-writing an I/C policy for your business.

Good book, worth the time and money.
This book will benefit both the new and seasoned professional. Its good for new managers and auditors wanting to get a broad understanding of internal control. The Picketts touch on just about every element of control and give good examples on application. New professionals can use this book as a development tool. I expect they will need to research some of the topics more.

I found the book beneficial because it helped me bring together my understanding of control and the link to our changing business environment. That is, a business environment that wants to balance control with creativity.

I found the writer's style enjoyable and made reading on a dry topic bearable.

Topics covered include: Objectives, Risk, Policy, Internal Control Elements, and how they fit together.

serious but less entertaining
Spencer Pickett did an excellent job in explaining internal control. It's a broad introduction covering most aspects of the issue. The business novel style, successfully used by Blanchard, Goldratt, Landsberg etc. starts with a promising, crisp first chapter of 15 easily digestable pages. However, the remaining chapters are chunks of about 50 pages of nearly endless discussions of topics in the context of a dreadlock holiday. It's like half a bottle chilled high quality red wine in the morning. The high quality is in the examples and topics, the less digestable part is the story. On the other hand, without the story, it would be as dull as a Cobit or Basel2 manual.
Fair introduction! ... Read more

Book Description

This book represents a practitioner's effort to address the audit and control concerns of those individuals in the retail environment who are directly or indirectly responsible for such matters. It defines and explain the essential internal and management controls that are appropriate for a retail environment, including each specific retail business cycle. Attention is given to the identification and nature of the business risks and exposures in transactions unique to the retail industry. In addition, it provides technical information and concepts that are critical in developing and implementing approaches that focus on the high risk areas, as well as the most important retail business issues. In conclusion, this book provides the reader with a certain conceptual background and practical approach to adequately address the financial and operational control concerns pertinent to the retail environment. ... Read more

Book 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. ... Read more

Reviews (2)

Horrible Textbook - AVOID IF POSSIBLE (deserves 0 stars)
This text is excruciatingly boring - it's too wordy and on the whole, simply a weak product. Not a teaching tool by any measure. The homework is VERY POORLY tied back to the text. The text itself is dry, with zero visual aids (no real bolding or section headers). Case examples are too short to really prove a point, which is a shame considering the value of case analysis in a subject such as auditing. An online "help site" is available for students...just as bad as the text...the powerpoint slides are AWFUL, it makes me wonder who edited this author's material. I am almost led to believe that this author is trying to keep the competition out of the auditing industry by boring potentially fresh blood from entering the marketplace. Hopefully some other auditor/CPA out there has written a book that actually has some value.....IF YOU HAVE A CHOICE, SAVE YOUR MONEY AND DO NOT - REPEAT - DO NOT!! - BUY THIS BOOK. I hope I can save at least one person some money out there.

Get lost
This book is worse than Dennis Rodmans acting ability. ... Read more

Book Description

Presents auditing concepts and procedures within the context of audit assertions, as described in Statements on Auditing Standards. It includes the basic approach to reasoning from audit assertions to audit objectives to audit procedures and numerous examples of computer generated audit working papers. A new aspect of this edition is the introduction of value-added business advice as an integral part of the audit. Public accounting firms are placing increased emphasis on adding value to an audit. ... Read more

Reviews (1)

Well for everyone who knows accounting
This is an auditing book for ones who know some accounting and want to learn basic and important aspects of auditing. Even this is not useful for introductory level, it can be still used for this purpose. Some of the examples are given from CPA firms and this makes the book efficient for later usage. ... Read more

Reviews (1)

A must read for CPAs
This book provides valuable foreshadowing and insight into the changing landscape of the world of public accounting. A must read! ... Read more

Book Description

Principles of Auditing remains the #1 Principles of Auditing text using the balance sheet approach. Whittington/Pany presents concepts clearly and proactively monitors changes in auditing, making the relationship between accounting and auditing truly understandable. The 13th edition maintains the organization and balance sheet orientation, while adding and enhancing the timely topics of Attestation, Assurance Services, Fraud, Electronic Commerce, and the latest auditing standards to meet the needs of the current marketplace. ... Read more

Reviews (2)

The Best Auditing Book Available
During the 12 years that I taught Financial Auditing at the university level I was constantly on the lookout for the best available book. I chose Whittington & Pany because (1) it is succinct, (2) it presents auditing concepts in a responsible manner (the authors are not shills for the large accounting firms, a real problem with most Auditing books), (3) the page layout is attractive and easy to read, and most importantly (4) my students preferred it over other texts (one student told me that she chose my class after looking through the assigned texts for all of the Auditing sections, an excellent idea).

The material is obviously dry, but I found that it was possible to make my classes more interesting by incorporating newspaper accounts of the more egregious audit failures in the assigned readings, and by being honest about the arrogance, greed and stupidity that are all too typical of the accounting profession today.

Whittington and Pany ROCK!!!!!
Let me tell ya! What do you get when you combine Whittington, Pany, and Auditing? It's just a boatload of accounting fun!!! These guys know how to put together a book on auditing. This thing is a real page turner. Damn! Attestation really rocks but Assurance Services will just blow your mind. Even if your're not an accountant, this is a great read. I understand the 13th edition is already a red hot item, so grab a copy today before they're all sold out. This is the one book you'll definitely want to have with you if you're traveling and you have room in your back pack for just one book. Read it, then read it again and again. Seriously, you can't put this thing down. It's THAT good! You'll be talking about it with your friends and family for years to come. Can't wait for someone to turn this puppy into an offering for the big screen. That would be sweeeet!!! ... Read more