Principles of External Auditing

This book provides a comprehensive and exacting introduction to the principles and practice of external auditing. It describes and explains, in non-technical language, the nature of the audit function and the principles of the audit process.
The book covers international auditing and accounting standards and relevant statute and case law. It explains the fundamental concepts of auditing and takes the reader through the various stages of the audit process. It also discusses topical aspects of auditing such as legal liability, audit risk, quality control, and the impact of information technology.

The 2nd edition of Principles of External Auditing provides a comprehensive introduction to the principles and practice of external auditing in the UK. It describes and explains, in non-technical language, the nature of the audit function and the principles of the audit process.

It covers UK and International auditing standards and relevant statute and case law and explains the fundamental concepts of auditing and takes the reader through the various stages of the audit process. It also discusses topical aspects of auditing such as legal liability, audit risk, quality control, and the impact of information technology. This new edition has been thoroughly updated throughout to include new processes and regulations, new legislation and changing practices. It also includes new sections on: environmental audit, internal audit, the expectations gap and knowledge of the business and uses the UK and International Auditing Standards.

Brenda Porter BSc (Hons, Geog), BBS, PhD, FCA (NZ), CA (Scot), FCIS, Cert Ed is Reader in Accounting at Warwick Business School.

Jon Simon BSc (Hons, Econ), MA, MBA, FCA is Lecturer in Accounting and Finance at the University of Hull Business School.

David Hatherly BSc (Hons, Econ), Macc, FCA is Professor of Accounting at the University of Edinburgh Management School.