This text offers a structured approach to principles of auditing using International Standards on Auditing as its basis. Written by a team of influential professional auditors with a wealth of teaching experience this book provides a real world perspective on current auditing practices with coverage of cutting edge developments and techniques. Contents Foreward by John Kellas Preface Acknowledgements 1. International auditing overview 2. The audit market 3. Ethics for professional accountants 4. An auditor's services 5. Client acceptance 6. Understanding the entity, risk assessment and materiality 7. Internal control and control risk 8. Control risk, audit planning and test of controls 9. Analytical procedures 10. Substantive testing and evidence Appendix to 10: Audit sampling and other selective testing procedures 11. Completing the audit Appendix to 11: Audit documentation and working papers 12. Audit reports and communication 13. Overview of a group audit 14. Corporate governance Appendix A to 14: The Combined Code (UK) Appendix B to 14: Governance and auditing in a public interest context Glossary Index