Auditing - Case studies

Indeks : p.437-448 ; This casebook provides students with context-specific situations that make it much easier for them to grasp the relevance of important auditing concepts and procedures. The cases in this text acquaint students with the work environment of auditors. After studying these cases, students will better appreciate how client pressure, peer pressure, time budgets, and related factors complicate the work roles of independent auditors. Embedded in these cases are the ambiguity and lack of structure that auditors face each day. Missing documents, conflicting audit evidence, auditors' dual obligation to the client and to financial statement users, and the lack of definitive professional standards for many situations are additional aspects of the audit environment woven into these cases.