AUDITING & ASSURANCE SERVICES

Part 1: THE AUDITING AND ASSURANCE SERVICES PROFESSION
1. Assurance and auditing: an overview
2. Audit regulation, structure of the profession and auditor's liability
3. Ethics, independence and corporate governance

Part 2: PLANNING AND RISK ASSESSMENT
4. Overview of elements of the financial report audit process
5. Planning, understanding the entity and assessing business risk
6. Assessing inherent risk, and other specific business risks
7. Understanding and assessing internal control

Part 3: RESPONSE TO ASSESSED RISKS: TESTS OF CONTROLS AND TESTS OF DETAILS
8. Tests of controls
9. Substantive tests of transactions and balances
10. Audit sampling

Part 4: COMPLETION AND COMMUNICATION
11. Completion and review
12. The auditor’s reporting obligations

Part 5: OTHER ASSURANCE SERVICES
13. Other assurance services and advanced topics
14. Internal auditing
15. Audit and assurance services in the public sector

Appendix: Continuous case study: background information

Auditing and Assurance Services in Australia 7e, re-imagines Gay & Simnett’s highly regarded text for a new generation of learners. While continuing to provide students with the theoretical concepts they need to succeed, this edition features more practical examples and real-world applications to allow readers to immediately apply what they have learnt. The seventh edition continues to help students master auditing concepts through its strong visuals and engaging content.


Underpinned by a comprehensive update to the content, auditing standards, end-of-chapter exercises and integrated with a wealth of interactive and highly personalized digital learning resources, Auditing and Assurance Services in Australia 7e is the complete learning resource for today’s Auditing students.