Auditing Purchases, Payables, Payroll, and General Audit Principles

Auditing: A Practical Approach is a textbook offering a comprehensive guide to conducting audits, emphasizing practical application and referencing international auditing standards. The text covers the auditor's understanding and testing of internal controls, specific audit procedures for areas like sales and receivables, purchases and payables, and payroll, alongside considerations of audit risk and materiality. It details various types of audit evidence, documentation, and sampling techniques used in both tests of controls and substantive procedures. Furthermore, the resource addresses auditor responsibilities concerning fraud, going concern, ethical considerations like independence, and legal liability, while also exploring the audit of specific account balances such as cash, investments, inventory, and property, plant, and equipment. The book integrates case studies, examples, and end-of-chapter questions to reinforce learning and prepare students for professional examinations.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-2cR6odLKtjn99EHQ8EmR_v // Spotify: https://open.spotify.com/show/3Z75bmdxiaHuXCsZNrIEvF // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-auditor-the-best-books-reviews/id1808857923 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional