Principles of Auditing & Other Assurance Services

O. Ray Whittington, CIA, CMA, CPA, serves as the Director of the School Accountancy and MIS at DePaul University. He received his B.B.A., M.S., and Ph.D. degrees from Sam Houston State University, Texas Tech University, and the University of Houston, respectively. Professor Whittington is an active textbook author on the subjects of auditing and audit sampling. He has also published in a variety of journals, including The Accounting Review, The Journal of Accounting Research, and Auditing: A Journal of Practice and Theory. He has served as a member of the Board of Regents of The Institute of Internal Auditors and has served as Chairman on the Auditing Standards Committee of the Auditing Section and the Bylaws Committee, both of the American Accounting Association. Professor Whittington has served as a member of the AICPA Auditing Standards Board and as the president of the Auditing Section of the American Accounting Association. Kurt Pany, CFE, CPA, is Professor Emiritus of Accounting at Arizona State University. He received his B.S., M.B.A., and Ph.D. degrees from the University of Arizona, the University of Minnesota, and the University of Illinois, respectively. He has also served as a staff accountant with Arthur Andersen and Touche Ross, as a member of the Auditing Standards Board, and as an academic fellow with the American Institute of Certified Public Accountants. Professor Pany has published articles on auditing in such journals as The Journal of Accounting Research, The Accounting Review, Auditing: A Journal of Practice and Theory, The Journal of Accountancy,  and The CPA Journal. He is a member of and has served on various committees of the American Accounting Association and the American Institute of Certified Public Accountants.

• Chapter 1: The Role of the Public Accountant in the AmericanEconomyChapter 2: Professional StandardsChapter 3: Professional EthicsChapter 4: Legal Liability of CPAsChapter 5: Audit Evidence and DocumentationChapter 6: Audit Planning, Understanding the Client, AssessingRisks, and Responding Chapter 7: Internal ControlChapter 8: Consideration of Internal Control in an InformationTechnology EnvironmentChapter 9: Audit SamplingChapter 10: Cash and Financial InvestmentsChapter 11: Accounts Receivable, Notes Receivable, andRevenueChapter 12: Inventories and Cost of Goods Sold Chapter 13: Property, Plant, and Equipment: Depreciation andDepletionChapter 14: Accounts Payable and Other LiabilitiesChapter 15: Debt and Equity Capital Chapter 16: Auditing Operations and Completing the AuditChapter 17: Auditors’ ReportsChapter 18: Integrated Audits of Public CompaniesChapter 19: Additional Assurance Services: Historical FinancialInformationChapter 20: Additional Assurance Services: Other InformationChapter 21: Internal, Operational, and Compliance Auditing