Auditing and Assurance Services (10th Edition) (Charles T Horngren Series in Accounting) [Hardcover]

Alvin A. Arens (Author), Mark S Beasley (Author), Randal J. Elder (Author)

Book Description

Publication Date: April 12, 2004 | ISBN-10: 0131457349 | ISBN-13: 978-0131457348 | Edition: 10

*New: Sarbanes-Oxley Act of 2002 and related SEC and PCAOB rulemakings integrated into every chapter. *New: Updated material for changes in the auditing profession resulting from recent corporate scandals: *Bankruptcy of Andersen, LLP *Shifting of auditing standards-setting to the Public Company Accounting Oversight Board (PCAOB) *Spin-off of consulting *Greater focus on internal controls *New: Chapter on Fraud (11) added to this edition. Expanded coverage of this topic includes new mid-chapter fraud vignettes in each chapter. *New: Increased coverage of Reporting on Internal Controls in Chapter 10, Internal Control and Control Risk. *New: 4-color insert of the Hillsburg Hardware Company "Annual Report." The insert provides financial statements and background information to support the Hillsburg Hardware Integrated Case that appears throughout the text. *New: Redesigned and integrated audit practice case (Pinnacle Manufacturing) that spans multiple chapters. Students apply concepts addressed in the audit planning and execution phase of the audit. *New: Expanded supplements package includes practice sets, case manuals, and auditing assignments using Excel. *

Editorial Reviews

From the Back Cover

• New: Sarbanes-Oxley Act of 2002 and related SEC and PCAOB rulemakings integrated into every chapter.
• New: Updated material for changes in the auditing profession resulting from recent corporate scandals:
1. Bankruptcy of Andersen, LLP
2. Shifting of auditing standards-setting to the Public Company Accounting Oversight Board (PCAOB)
3. Spin-off of consulting
4. Greater focus on internal controls
• New: Chapter on Fraud (11) added to this edition. Expanded coverage of this topic includes new mid-chapter fraud vignettes in each chapter.
• New: Increased coverage of Reporting on Internal Controls in Chapter 10, Internal Control and Control Risk.
• New: 4-color insert of the Hillsburg Hardware Company "Annual Report." The insert provides financial statements and background information to support the Hillsburg Hardware Integrated Case that appears throughout the text.
• New: Redesigned and integrated audit practice case (Pinnacle Manufacturing) that spans multiple chapters. Students apply concepts addressed in the audit planning and execution phase of the audit.
• New: Expanded supplements package includes practice sets, case manuals, and auditing assignments using Excel.
• www.prenhall.com/arens

About the Author

Al Arens is PricewaterhouseCoopers Auditing Professor of Accounting at Michigan State University. His primary teaching and research area is auditing and he teaches undergraduate auditing at least one term annually. Al is a past president of the American Accounting Association and a former member of the AICPA Auditing Standards Board. He practiced public accounting with both a local CPA firm and the predecessor firm to Ernst & Young. He has received many awards including the AAA Auditing Section Outstanding Educator award, the AICPA Outstanding Educator award, the national Beta Alpha Psi Professor of the Year award and many teaching and other awards at Michigan State.

Randy Elder is an Associate Professor of Accounting at Syracuse University. He teaches undergraduate and graduate auditing courses, and has received several teaching awards. His research focuses on audit quality and current audit firm practices. He has extensive public accounting experience with a large regional CPA firm, and is a Certified Fraud Examiner and member of the AICPA and Michigan Association of CPAs.

Mark S. Beasley is a Professor of Accounting at North Carolina State University. He teaches undergraduate and graduate auditing courses, and has received several teaching awards including membership in NC State's Academy of Outstanding Teachers. His research, which focuses primarily on financial statement fraud, audit quality, and corporate governance, received both the American Accounting Association's Competitive Manuscript Award and the Notable Contributions to the Auditing Literature Award. He has extensive professional audit experience with the predecessor firm to Ernst & Young and has extensive standards-setting experience working with the Auditing Standards Board as a Technical Manager in the Audit and Assurance Division of the AICPA. He served on the ASB's Fraud Standard Task Force responsible for developing SAS 99, and serves on the ASB's Antifraud Programs and Controls Task Force and the Advisory Council overseeing COSO's Enterprise Risk Management Framework project.

See all Editorial Reviews

Product Details

• Hardcover: 816 pages
• Publisher: Prentice Hall; 10 edition (April 12, 2004)
• Language: English
• ISBN-10: 0131457349
• ISBN-13: 978-0131457348
• Product Dimensions: 11 x 8.7 x 1.4 inches
• Shipping Weight: 4.4 pounds
• Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #1,626,505 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

31 of 36 people found the following review helpful:

4.0 out of 5 stars Very good textbook, June 24, 2005

By 

RMurray847 (Albuquerque, NM United States) - See all my reviews
(VINE VOICE)    (TOP 1000 REVIEWER)   

This review is from: Auditing and Assurance Services (10th Edition) (Charles T Horngren Series in Accounting) (Hardcover)

No textbook is really worth 5 stars, in my estimation, because that is reserved for books that actually entertain me! Textbooks seldom do that. However, this auditing text is pretty darn good.

Each chapter is packed with true case studies, which are all interesting. The actual text material is easy to understand and read. There are HOARDS of questions, simulations, etc. in the back of each chapter. And the online materials the come with it are good as well, including some basic videos.

I came into my auditing class with little knowledge of that specific subject. I felt I left it some weeks later with a good understanding (good enough to pass the Auditing portion of my CPA exam on the first go around). So if you're assigned this text for YOUR auditing class, be happy. It's pretty good, and won't put you instantly to sleep...not many texts can say that!!