Utilizing a unique,risk analysis approach to auditing,Konrath's 5e emphasizes auditor identification of risk factors and the allocation of audit resources to high-risk areas.Organized into five distinct parts for better continuity,Konrath's 5e has been completely updated and revised throughout.Konrath's 5e offers expanded coverage of the Internet,assurance services and ethics.These updates and improvements,combined with a built-in,computerized audit practice case,provide an outstanding resource for preparing students for the CPA exam.Auditing: A Risk Analysis Approach,5e gives students the tools they need to pursue successful careers in a global economy.

Part 1 The Auditing Profession

1 Auditing,Attestation,and Assurance

2 Defining Professional Responsibility:Quality Standards and Ethics

3 Maintaining Professional Responsibility:Regulation and Legal Liability

Part 2 Planning the Audit

4 Audit Evidence and Audit Programs

5 Audit Planning: Assessment of Inherent Risk and Materiality

6 Internal Control: Concepts

7 Audit Planning: Assessment of Control Risk

8 Internal Control and Computer-Based

Information Systems (CBIS)

Part 3 Conducting the Audit

9 Statistical Sampling for Testing Control Procedures

10 Statistical Sampling for Substantive Testing

11 Substantive Audit Testing: Revenue Cycle

12 Substantive Audit Testing: Expenditure Cycle

13 Substantive Audit Testing: Financing and Investing Cycle and Completing the Audit

Part 4 Reporting the Results of the Audit

14 Audit Reports

Part 5 Other Attestation and Assurance Services

15 Other Assurance Services

16 Operational and Governmental Compliance Auditing

Biltrite Bicycles,Inc.: A Computerized Audit Practice Case