In the aftermath of Enron, WorldCom, Tyco, and others, the accounting profession—the auditing profession in particular—is ready for a fresh start, ready to take a step in a new direction and lead the next generation of accounting professionals down the path to success.

Louwers/Ramsay/Sinason/Strawser, Auditing & Assurance Services, is the most current book on the market, including coverage of the creation of the Public Companies Accounting Oversight Board (PCAOB), the passage of the Sarbanes-Oxley Act, and all of the major pronouncements and exposure drafts issued by the AICPA through Fall 2003. The market leader in fraud coverage, this is THE book to help your students learn key auditing concepts, understand the audit process, and build awareness of potential fraud.

Engage Your Students

Auditing & Assurance Services doesn’t just teach auditing concepts, it places them in an exciting context by using financial information and articles from companies with which students are familiar, including AOL TimeWarner, Compaq Computer, Disney,

Hewlett-Packard, and Wal-Mart. To pique students’ interest even more, the authors base cases in EACH chapter on fraud cases pulled from recent headlines— including companies such as Phar-Mor, Enron, Critical Path, WorldCom, and more. And to further hold students attention, the Louwers Author Team uses a conversational, yet professional, tone—hailed by reviewers as a key strength of this book!

Cutting-Edge Coverage

With all the recent changes to the accounting profession, an updated, cutting edge text is crucial to your auditing course. Auditing & Assurance Services has the essential coverage. And unlike their competitors, the authors do not cover technology as an afterthought. Instead Auditing & Assurance Services integrates technology while students learn the audit process, including planning in an electronic environment, logical internal controls, and the use of Computer Assisted Audit Tools and Techniques (CAATTs) to gather evidence. End-of-chapter materials include electronic workpapers that send students to the text website to work problems that mimic those on the New Uniform CPA Exam.

Fraud Awareness

The fraud coverage in Auditing & Assurance Services is extensive and will help hold students’ attention and make them see why learning auditing is relevant. Fraud coverage is found throughout the text and in the supplements: Chapters 3 is entitled

Management Fraud and Auditor Risk, Chapter 6 covers Employee Fraud and the Audit of Cash, Module D focuses on the Certified Fraud Exam, and The Apollo Shoes Case is the ONLY standalone fraud case currently available on the market. More importantly, each chapter features fraud cases drawn from recent headlines.

Flexible Organization

Auditing & Assurance Services teaches students auditing concepts by explaining the concepts in the context of the audit process. Coverage of the audit process begins in Chapter 3 and concludes in Chapter 12. Modules A–H, featuring additional optional topics, follow the main text chapters. These modules can be taught at the instructor’s discretion without disrupting the flow of the text. A large number of cases augment the coverage of the audit process to give students a real-world perspective.