The authors have made available various additional materials for students using the book:
Under development
Chapter 4 of this textbook highlights the fundamental concepts of Auditing and Assurance, including:
A must-read for anyone who wants to have an elevator pitch about auditing – also very helpful in preparation for your (oral) exams!
The video below highlights the opportunities and challenges using data analytics in the audit. The video refers to the IAASB paper ‘Exploring the growing use of technology in the audit’, which can be found here.
Starting ISA 315 (Revised 2019) IAASB rephrased the term ‘data analytics’ into ‘automated tools & techniques’. Specific attention in this textbook is paid to the IAASB paper in section 13.2 and to automated tools & techniques under ISA 315 (Revised 2019) in chapter 7 (illustration 7.11).
The two process charts below summarise the audit process:
(courtesy IEMA/Kriton)
(IAASB, December 2019)
(IAASB, September 2020)
(IAASB, April 2020)
