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The Craft of Auditing for Accounting Undergraduates: The Stuff You
Actually Need to Learn Before Graduating employs conversational
language, realistic examples, and real-world scenarios for class
discussion to equip students with the information and skillsets
needed in their future careers in auditing and related fields. The
book's relatable nature and carefully created pedagogy makes it an
excellent resource for in-person classes, distance learning, and
the flipped classroom. The text is organized into 25 individual
lessons. The opening lessons introduce students to auditing as a
profession and as a business. Subsequent lessons cover the audit
risk model, auditor independence requirements, and key phases of
the process of auditing financial statements and internal controls
over financial reporting (ICFR) with audit data analytics (ADA) and
other contemporary audit methods. Students learn about accounting
and transaction cycles, audit quality indicators, and significant
threats to auditors. Closing lessons cover concluding audit
procedures, issuing audit reports, and the psychological biases
that are applicable to auditing. The Craft of Auditing for
Accounting Undergraduates is ideal for undergraduate courses in
auditing, designed to well prepare students for the realities of
the profession and for graduate programs in accounting and
business.
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