This book provides a comprehensive presentation of auditing theory and practice. It simplifies audit concepts often considered abstract or vague to many. Written in a clear, concise, and understandable manner, the book covers the often uncovered and daring area of forensic auditing and analyses the approach thereof. Additionally, it covers the use of blockchain in audit through several illustrations and examples, and would be of interest to students, academics, and even junior auditors.

<p></p><p>Part 1. Audit Framework, Profession, and Standards

Chapter 1. Overview, History, and Overall objectives of Auditing
Chapter 2. The Audit Profession: The US Sarbanes-Oxley Act
Chapter 3. The International Auditing and Assurance Standards Board
Chapter 4. Generally Accepted Auditing Standards, Audit Planning & Engagement Quality Review
Chapter 5. Other Engagements, Reports, and Accounting Services
Chapter 6. Agreed-Upon Procedures
Chapter 7. Professional Standards: Independence, Integrity, and Objectivity
Part 2. Audit Planning
Chapter 8. Audit Planning, Testing and Materiality
Part 3. Audit Evidence Processing
Chapter 9. Audit Evidence and Documentation
Chapter 10. Audit Risks: Identification and Procedures
Chapter 11. Audit Sampling
Chapter 12. Auditing Accounting Estimates, Including Fair Value Accounting Estimates
Chapter 13. Related Party Transactions
Chapter 14. Significant Unusual Transactions
Chapter 15. Subsequent Events; andGoing Concern
Chapter 16. Reporting on Condensed Financial Statements, Selected Financial Data, and Supplemental Information
Chapter 17. Consideration of Fraud and of Internal Control Over Financial Reporting Audit
Chapter 18. Financial Statements' Audit
Chapter 19. The Integrated Audit Process
Chapter 20. Audits of Group Financial Statements
Chapter 21. Communications with Audit Committees
Chapter 22. Audit Tools: Financial Ratios Analysis
Chapter 23. Corporate Governance, Accounting, and Auditing Scandals
Chapter 24. Auditor Legal Liability
Chapter 25. Forensic Auditing
Answers to Chapter Questions.</p><br><p></p>