A Manual on Audit

Table of Contents:
Chapter 1 Background to Auditing Chapter 2 Auditors' Rights, Duties and Obligations Chapter 3 Acceptance and Continuance Chapter 4 Letters of Engagement Chapter 5 Audit Planning Chapter 6 Risk Assessment Chapter 7 Materiality Chapter 8 Quality Control Chapter 9 Audit Documentation Chapter 10 Documentation and Assessment of Accounting Systems Chapter 11 Systems Examination and Testing Chapter 12 Content, Form and Organisation of Accounting Records Chapter 13 Audit Evidence Chapter 14 Analytical Procedures Chapter 15 Tests of Controls Chapter 16 Substantive Testing Chapter 17 Audit of Individual Account Areas Chapter 18 Audit of Groups Chapter 19 Audit of Taxation Chapter 20 Sundry Audit Problems Chapter 21 Audit File Review Chapter 22 Going Concern Considerations Chapter 23 Completion Procedures Chapter 24 Form and Content of Audit Reports Chapter 25 The Auditor's Statutory Reporting Responsibility in Relation to Directors' Reports Chapter 26 Modifi ed Opinions Chapter 27 Abridged Financial Statements (Section 18 of the Companies (Amendment) Act 1986) Chapter 28 Accountants' Report - Sole Traders, Partnerships and Audit Exempt Small Companies Chapter 29 Reporting to the Director of Corporate Enforcement Appendix A Main Revisions to the ISAs Appendix B Application of the ISAs in an SME Audit Appendix C Dealing with the Credit Crunch Appendix D Implementation of the Statutory Audit Directive in the Republic of Ireland Appendix E Statement of Independence and Confidentiality and Confirmation of Fit and Proper Status Appendix F Common Audit File Weaknesses

About the Author :
David Chitty is a partner in Crowe Clark Whitehill in London and International Accounting and Auditing Director at Crowe Horwath International. He has extensive audit and assurance experience with private and public companies and is chairman of the Crowe Horwath International accounting and assurance committee. He is a Council Member of the Institute of Chartered Accountants in England & Wales and is a member of the International Federation of Accountants Small and Medium Practices Committee. A well-known trainer of Irish accountants through his lifelong learning seminars, David lectures widely on auditing, financial reporting and regulatory matters and has written several books on the subject. John McCarthy is a Fellow of Chartered Accountants Ireland, as well as a member of the Institute of Chartered Accountants in England & Wales and an AITI Chartered Tax Advisor (CTA). Formerly Director of Professional Standards at Grant Thornton, Dublin, where he was responsible for the regulatory, compliance and training areas, John now runs his own consulting firm, specialising in professional training, audit regulation, anti-money laundering, mediation and practice management. A regular presenter on practice management, succession planning, and compliance and audit/accounting technical matters, John has extensive experience in the provision of technical and strategic support to practising accountants.

Review :
"As a practitioner I often feel that the regulations and their interpretation are changing too rapidly without consideration for the real life demands of practice or the clients I serve. This book helps to even the balance. It is easy to understand, quick to use and clear in its message. This is a book worth buying and keeping close by." - Eamonn Leahy, FCA, Leahy & Co., Chartered Accountants "I find the 2nd Edition of A Manual on Audit a great reference book for the constantly changing auditing requirements. I especially like the summary and detailed content listings as they allow me to quickly find the area that concerns me. The book is very thoughtfully laid out; it's easy to use and covers all audit aspects in a clear concise manner. Well done. It is a 'must buy'." - Kevin Morris, FCA, FMB Chartered Accountants, Dublin "This book is very well written in an easy to understand and apply format, where many other books on the audit process fail. The appendices are particularly useful and very relevant to current economic conditions. Every practice should keep a copy on the technical shelf!" - John Rogers, FCA, Dun Laoghaire