Principles of Auditing and Other Assurance Services [Hardcover]

Ray Whittington (Author), Kurt Pany (Author)

Book Description

ISBN-10: 007352686X | ISBN-13: 978-0073526867 | Publication Date: July 13, 2007 | Edition: 16

Whittington/Pany’s Principles of Auditing, is a market leader in the auditing discipline. Until October 2002, Ray Whittington was a member of the Audit Standards Board and prior to Ray being on the ASB, Kurt Pany was on the board. This has had a major impact on this revision of the text as Whittington has been involved in the audit standards creation process.

Principles of Auditing presents concepts clearly and proactively monitors changes in auditing making the relationship between accounting and auditing understandable. The 16th edition maintains the organization and balance sheet orientation, while adding and enhancing topics of Risk, Assurance Services, Fraud, E-Commerce, and the latest auditing standards to meet the needs of the current marketplace.

Editorial Reviews

About the Author

Ray Whittington is chairman of the accounting department at San Diego State University, and received his Ph.D. from the University of Houston. He has also been the Director of Audit Research for the AICPA

Kurt Pany is a professor of accounting at Arizona State University, and received his Ph.D. from the University of Illinois. He has been the Director of Audit Research for the AICPA and remains an active member of the AAA.

Product Details

• Hardcover: 832 pages
• Publisher: McGraw-Hill/Irwin; 16 edition (July 13, 2007)
• Language: English
• ISBN-10: 007352686X
• ISBN-13: 978-0073526867
• Product Dimensions: 10.9 x 8.3 x 1.5 inches
• Shipping Weight: 4.5 pounds
• Average Customer Review: 3.7 out of 5 stars  See all reviews (9 customer reviews)
• Amazon Best Sellers Rank: #714,181 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

22 of 25 people found the following review helpful:

4.0 out of 5 stars The Best Auditing Book Available, May 18, 2004

By 

Diego Banducci (San Francisco, CA United States) - See all my reviews

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This review is from: Principles of Auditing and Other Assurance Services (Hardcover)

During the 16 years that I have taught Financial Auditing at the university level I have been constantly on the lookout for the best available book. I chose Whittington & Pany because (1) it is succinct, (2) it presents auditing concepts clearly (although the authors do sugar coat the accounting scandals of the past 20 years and fail to give credit where credit is due by naming the firms involved in them), (3) the page layout is attractive and easy to read, and most importantly (4) my students preferred it over other texts (one student told me that she chose my class after looking through the assigned texts for all of the Auditing sections, an excellent idea).

The current (15th ed.) has been brought up to date with a limited discussion of Sarbanes-Oxley and the PCAOB.

The material is obviously dry, but I found that it was possible to make my classes more interesting by incorporating newspaper accounts of the more egregious audit failures in the assigned readings, and by being honest about the arrogance, greed and stupidity that are all too typical of the accounting profession today. This practice has brought complaints by the local offices of the major firms, to which my department head replied that they are welcome to come speak to the classes to explain their side of the story. To date, they have not accepted the invitation.

1.0 out of 5 stars Just bad, December 14, 2011

By 

ACCtgirlie - See all my reviews

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This review is from: MP Principles of Auditing & Assurance Services with ACL Software CD (Hardcover)

The book is all over the place. It is a very hard read. The previous text was clearly written better. I'm not sure why the author decided to change the style of the text.

2.0 out of 5 stars Overpriced, poorly organized, buy an international verison, October 18, 2011

By 

Ryan Cloud "Dr. Steelhead" (Boise, Idaho USA) - See all my reviews
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This review is from: MP Principles of Auditing & Assurance Services with ACL Software CD (Hardcover)

One of the most over priced books I have ever purchased. I always avoid international versions because they are the ones driving up the prices on textbooks. I have always felt this is unfair because the people who create the books are just trying to make a living and offer us something useful to learn from. So I have always advocated buying the US versions. Well, I feel like I got ripped a new one here. I paid way way more than the value the book offered me. This book needs to be rewritten very badly. If you must buy it, please stick it to the publishers and the author, and buy the international version.