Auditing and assurance: concepts and applications / Elenita Balatbat Cabera, Gilbert Anthony B. Cabrera and Bernadette Ann B. Cabrena

Include appendix and references.

UNIT I. Overview of the core concepts of financial statements audit -- Chapter 1. Core concepets of a risk-based approach to conducting a quality audit. -- UNIT II. Application of the risk-based audit process -- Phase I - Risk assessment -- Chapter 2. Premilinar engagement activities -- Chapter 3. Planning the audit and development of overall audit strategy -- Chapter 4. Performance of risk assessment procedures -- UNIT III. application of the risk-based audit process -- Phase II - risk response: test of controls and substantive tests of transactions -- Chapter 5. Designning overall responses and futher autdit procedures -- Chapter 6. Audit of the revenue and collection cycle -- Chapter 7. Audit of the expenditure cycle, continued -- Chapter 9. Audit of the investing cycle -- Chapter 10. Audit of tbe financing cycle -- UNIT IV. Application of the risk-based audit process -- phase II - risk response: substantive tests of details of balances -- Chapter 11. Audit of cash balances -- Chapter 12. Audit of trade receivvables,allowance for doubtful accounts and sales -- Chapter 13. Audit of inventiories, cost of sales and trade payables -- Chapter 14. Audit of investments -- Chapter 15. Audit of property, okabt abd equipment; and the related depreciation and depletion -- Chapter 16. Audit of intangible assets -- Chapter 17. Audit of prepaid expenses, Deferred charges and other current liabilities -- Chapter 18. Audit of long-term liabilities -- Chapter 19. Audit of owner(s)' equity accounts -- Chapter 20. Audit of other accounts in the statement of profit or loss and comprehensive income -- UNIT V. application of the risk-based audit process -- Phase III -reporting -- Chapter 21. Evaluation of audit evidence and completion of the audit -- Chapter 22. Forming an opinion and reporting on financial statements -- Chapter 23. Modifications to the opinion in the independent auditor's report -- Chapter 24. Preparation of financial statements.