Why and How Audits Must Change: Practical Guidance to Improve Your Audits by Thomas P. Houck 0000-00-00 00:00:00

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by Thomas P. Houck
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Why and How Audits Must Change: Practical Guidance to Improve Your Audits by Thomas P. Houck
Author
Thomas P. Houck
Publisher
John Wiley & Sons
Date of release
Pages
232
ISBN
9780471444299
Binding
Hardcover
Illustrations
Format
PDF, EPUB, MOBI, TXT, DOC
Rating
5
43
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Book review

Here are the essential steps that accounting firms must take to improve audit quality. The author provides detailed coverage of important topics such as risk-based auditing techniques, analytical procedures, technology, and internal controls. After explaining why frequently used audit approaches are inadequate for detecting material fraud, the author:

  • Provides specific and practical guidance to help auditors conduct higher quality audits
  • Offers guidance to financial executives on ways to evaluate their independent audits
  • Describes the steps that accounting firms must take to implement these much-needed changes

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