Product Description

In November of 2001, the Texas-based energy giant, Enron, filed for bankruptcy amidst the scandal of institutionalized, systematic, and creative accounting fraud. The impact of this scandal has been felt worldwide. There have been radical changes in audit standards and the regulatory environment, as well as significantly revised expectations of the auditor's role in corporate governance and capital markets. Now, more than ever before, auditor's and their clients are faced with considerable risks. Developed with students in mind, Auditing: An International Approach is recognized for its balanced presentation of auditing concepts and processes. The fourth edition has been updated to reflect ongoing changes in the post-Enron environment, including expanded coverage of ethics, fraud, corporate governance, independence risk, the role of audit committees. It now also introduces the importance of a critical-thinking framework to help structure professional audit decision making and analysis in financial reporting. Auditing: An International Approach focuses on explaining the substance and operational meaning of Canadian auditing standards in the context of making audit decisions. International standards on Auditing are discussed as appropriate and specific, U.S. auditing standards are also reviewed when considered important in the Canadian environment. With Canadian auditing standards in the process of harmonizing with International Standards, this unique international perspective is more important than ever and brings students to the leading edge of auditing. Balanced, current, accurate, authoritative, and comprehensive, Auditing: An International Approach is your guide to the evolving world of auditing.

Product Details

• Amazon Sales Rank: #30002 in Books
• Published on: 2006-11-06
• Binding: Hardcover
• 800 pages

About the Author
Wally J. Smieliaskas is a professor of accounting at the University of Toronto, where he has been a member of the faculty since 1979. Professor Smieliauskas is a certified public accountant and has worked in industry and public accounting. He spent his 1986 – 1987 sabbatical year with the firm of Deloitte & Touche. Professor Smieliauskas is a member of the American Institute of Certified Public Accountants, the Canadian Academic Accounting Association, and the Association of Fraud Examiners.

At the University of Toronto, Professor Smieliauskas developed the first degree-credit introductory auditing course (in 1981) and the first advanced auditing course (in 1990). In 1988, he was the first director of the MBA Co-op Program in Professional Accounting, a position he held until 1993. The program is designed to facilitate the entry of undergraduates from various fields into the profession, and to provide a broader management education as well as specialized training in accounting, auditing, and tax topics. It has evolved to become the Masters of Management & Professional Accounting (MMPA) program now offered through the University of Toronto’s Mississauga campus.

Kathryn Bewley has been a professor of accounting and auditing at York University since 1991. As well, she is a member of the Institute for Chartered Accountants of Ontario. Professor Bewley began her career in auditing with Clarkson Gordon in Toronto.

Professor Bewley has her PhD from the University of Waterloo. Her main research focus is on the impact of regulations, including auditing standards, on the information companies report and how people use that information, with a particular interest in environmental reporting. Her work has been published in several professional and academic journals.

Customer Reviews

Great Education
This book is an easy to read introductory insight to the basics of Auditing. I had to use it for a course i am taking but it makes understanding it simple. As you read the texts it defines the new words, principles, and terms right there as you read instead of having to stop to go to the back of the book to look it up. Great Text!