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Modern Auditing: Assurance Services and the Integrity of Financial Reporting
 
 
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Modern Auditing: Assurance Services and the Integrity of Financial Reporting (Hardcover)

by William C. Boynton (Author), Raymond N. Johnson (Author) "In June 2002, WorldCom announced that during the previous two years $3.8 billion in costs had been capitalized rather than expensed..." (more)
Key Phrases: computer general controls, preliminary audit strategies, control risk approach, United States, Hood Furniture, Public Companies Accounting Oversight Board (more...)
2.4 out of 5 stars See all reviews (7 customer reviews)

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Editorial Reviews

Review
Instructor's Resource Guide and Solutions Manual, Test Bank, Computerized Test Banks and Study Guide available. -- The publisher, John Wiley & Sons --This text refers to an out of print or unavailable edition of this title.

Product Description
Auditing counts!

With recent incidents at WorldCom, Enron, Xerox, Tyco, and other companies, auditing has never been so important. Auditing is perhaps our single best defense in ensuring the integrity of our financial reporting system.

That's why this new Eighth Edition of Boynton and Johnson's Modern Auditing focuses on decision making and the critical role auditors play in providing assurance about the integrity of the financial reporting system. Known for its clear writing and accessibility, this text provides comprehensive and integrated coverage of current developments in the environment, standards, and methodology of auditing.

Features
* Real-world examples relate issues discussed in the chapter to ethics, audit decision making, and the integrity of the financial reporting system.
* Focus on Audit Decisions sections highlight key factors that influence an auditor's decisions.
* Includes discussion of the role of the Public Company Accounting Oversight Board (PCAOB) Auditing Standards, and a chapter feature highlights PCAOB standards that differ from Generally Accepted Auditing Standards for private companies.
* Expanded case material related to the integrated audit case (Mt. Hood Furniture) provides a variety of databases that allow students to utilize generalized audit software (IDEA) to accomplish various audit tasks. Multiple databases allow the case to be reused with different data from term to term.
* A flowchart style chapter preview begins each chapter.
* Chapter summaries reinforce important audit decisions included in the chapter.
* End-of-chapter material organized by audit decisions provides a clear link between audit decisions discussed in each chapter and the problem material.

See all Editorial Reviews

Product Details

  • Hardcover: 1056 pages
  • Publisher: Wiley; 8 edition (August 19, 2005)
  • Language: English
  • ISBN-10: 0471230111
  • ISBN-13: 978-0471230113
  • Product Dimensions: 10.2 x 7.9 x 1.6 inches
  • Shipping Weight: 4.5 pounds (View shipping rates and policies)
  • Average Customer Review: 2.4 out of 5 stars See all reviews (7 customer reviews)
  • Amazon.com Sales Rank: #94,683 in Books (See Bestsellers in Books)

    Popular in these categories: (What's this?)

    #20 in  Books > Business & Investing > Accounting > Auditing
    #63 in  Books > Business & Investing > Accounting > Management

Inside This Book (learn more)
First Sentence:
In June 2002, WorldCom announced that during the previous two years $3.8 billion in costs had been capitalized rather than expensed. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
computer general controls, preliminary audit strategies, control risk approach, preliminary audit strategy, investing and financing cycles, sales adjustment transactions, further audit procedures, allocation assertion, analytical procedures risk, significant inherent risks, payable turn days, cutoff statement, specific audit objectives, account balance assertions, assessing control risk, auditing the revenue cycle, using generalized audit software, computer application controls, competent audit evidence, lower assessed level, revenue cycle transactions, programmed application controls, allowance for sampling risk, accounts payable master file, designing substantive tests
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Hood Furniture, Public Companies Accounting Oversight Board, Single Audit Act, Intel Corporation, Performance View, Risk Advisory, Securities Act, Julia Anderson, Ace Finance Company, Alpha Corporation, Harris Company, New York, American Institute of Certified Public Accountants, Arthur Andersen, Supreme Court, Big Four, Dennis Brewer, Keith Brown, Les Browning, Waste Management, Craig Ferris, Amalgamated Products, Balance Objectives Existence, Conrad Saws
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Customer Reviews

7 Reviews
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Average Customer Review
2.4 out of 5 stars (7 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
3 of 3 people found the following review helpful:
1.0 out of 5 stars Very Confusing, July 13, 2005
This review is from: Modern Auditing (Hardcover)
I believe you can find a better auditing textbook in the market. I took an auditing class with one of the authur in Portland and, as a result, was required to buy the textbook. But, I ended up using another auditing textbook in order to get an "A" from this class. The format and writing style are very difficult to follow and understand.
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2 of 2 people found the following review helpful:
1.0 out of 5 stars Vague, wordy, confusing, and in need of examples, November 10, 2005
By E. Meadows (Seattle, WA United States) - See all my reviews
(REAL NAME)   
I found that if you want to learn the language of auditing, have another reference handy. Often, the discourse goes on and on and on and could really be distilled down into a sentence or two that had a firm and grounded presentation. There were very few examples so it was difficult at best to try to understand the often high-level conceptual frameworks that were constantly being presented. I also noted quite a few editing errors that probably arose from cut-and-pastes that were not carefully reviewed. Also, figures and diagrams were reused and were not carefully reviewed either as information was present that didn't apply to the new scenario.
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5.0 out of 5 stars Smooth transaction, February 2, 2009
By Erika Perzhu (Minnesota, USA) - See all my reviews
The item arrived quickly and in great condition! Would buy again from this seller. Thanks!
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Most Recent Customer Reviews

2.0 out of 5 stars Pretty damned dry
This book would have been a whole lot better by providing much more in the way of examples of the way businesses cheat and how they are caught (or not) by savvy auditors... Read more
Published 5 months ago by Joe Average

1.0 out of 5 stars The seller was horrible.
The book is in fine shape. The seller is not. I needed the book for my class and it said that the seller would send the book within 2-3 days after my order was placed. Read more
Published 9 months ago by Kimberly Bruce

3.0 out of 5 stars Extensive
This book is extensive but confusing. I had to flip back to different chapters to make sure I didn't miss anything.
Published on May 6, 2006 by A. Nalicat

4.0 out of 5 stars It's OK.
I'm a college student. I am studying auditing to take an AICPA exam. well, auditing is hard for me to study. Read more
Published on May 13, 1999

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