Auditing and assurance : concepts and applications /
by Darell Joe O. Asuncion, Mark Alyson B. Ngina and Raymund Francis A. Escala
- 2023-2024 Edition
- Manila, Philippines : Real Excellence Publishing, c2023
- xvii, 876 pages ; 23 cm.
Includes bibliographical references.
Chapter 1: Overview of audit process and pre-engagement activities -- Chapter 2: Audit planning -- Chapter 3: Internal control consideration -- Chapter 4: Transaction cycle -- Chapter 5: Cash and accrual basis -- Chapter 6: Correction of errors -- Chapter 7: substantive test of cash -- Chapter 8: Cash and cash equivalents -- Chapter 9: Substantive test of receivables and sales -- Chapter 10: Loans and receivables -- Chapter 11: Substantive test of inventories and cost of sales -- Chapter 12: Inventories -- Chapter 13: Agriculture -- Chapter 14: Substantive test of investments -- Chapter 15: Introduction to financial asset and investment in equity securities -- Chapter 16: Investment in debt securities -- Chapter 17: Investment in associate -- Chapter 18: Substantive test of property, plant, and equipment -- Chapter 19: Property, plant and equipment
This book was written primarily to address the need for textbook in auditing and assurance: concepts and application course in the Bachelor of Science in Accountancy program. The text address the basic concepts on how to audit and it also provides comprehensive and well-illustrated concepts of the Philippine financial reporting standards. In addition, this book includes additional notes for PFRs and SMEs. -- Preface