Includes index.

Part I The contemporary auditing environment -- Ch. 1. Auditing and assurance services -- Ch. 2 Professional standards -- Part II The financial statement audit -- Ch. 3. Engagement planning and audit evidence -- Ch. 4. The audit risk model and inherent risk assessment -- Ch. 5. Risk assessment: internal control evaluation -- Ch. 6. Employee fraud and the audit of cash -- Ch. 7. Revenue and collection cycle -- Ch. 8. Acquisition and expenditure cycle -- Ch. 9. The production cycle and auditing inventory -- Ch. 10. Finance and investment cycle -- Ch. 11. Completing the audit -- Ch. 12. Reports on audited financial statements -- Part III. Stand-alone modules.