Synopses & Reviews
This Auditing practice set incorporates both the cycles and the risk approach using the audit risk model. Students will learn to design and prepare the current year's working papers and assemble the completed case. Taking about 30 hours to complete, this practice set can be used with any Auditing textbook.
Table of Contents
1) Audit Planning and Integration of the Accounting Process
2) Accounts Receivable and Credit Sales
3) Cash
4) Inventory and Purchases
5) Prepaid Expenses
6) Investments in Securities
7) Property, Plant, and Equipment
8) Accounts Payable Processing and Unrecorded Liabilities
9) Payroll Processing and Accrued Liabilities
10) Notes Payable and Accrued Interest
11) Capital Stock and Retained Earnings
12) Completing the Audit