Accounting All-in-One For Dummies (+ Videos and Quizzes Online), 3rd Edition

Book 9

Auditing for Financial Fraud

Contents at a Glance

1. Chapter 1: Regulating Securities
   1. Early Securities Laws
   2. The Scope of SOX: Securities and Issuers
   3. The Post-SOX Paper Trail
2. Chapter 2: Preventing Cash Losses from Embezzlement and Fraud
   1. Preventing Loss with Internal Controls
   2. Putting Internal Controls to Work
   3. Recognizing Limitations of Internal Controls
3. Chapter 3: Assessing Audit Risk
   1. Introducing Audit Risk
   2. Recognizing the Nature of a Client’s Business: Inherent Risk
   3. Assessing a Client’s Ability to Detect and Correct Problems: Control Risk
   4. Figuring Your Chances of Overlooking Inaccuracies: Detection Risk
   5. Following Risk Assessment Procedures
   6. Figuring Out What’s Material and What Isn’t
   7. Evaluating Your Audit Risk Results
4. Chapter 4: Discovering Audits
   1. Management Assertions: Assessing the Information a Client Gives You
   2. Eyeing the Four Concepts of Audit Evidence
   3. Applying Professional Judgment
   4. Using Your Audit Program to Request the Right Evidence
   5. Documenting the Audit Evidence
5. Chapter 5: Auditing Internal Controls
   1. Defining Internal Controls
   2. Identifying the Five Components of Internal Controls
   3. Determining When You Need to Audit Internal Controls
   4. Testing a Client’s Reliability: Assessing Internal Control Procedures
   5. Limiting Audit Procedures When Controls Are Strong
   6. Tailoring Tests to Internal Control Weaknesses
   7. Timing a Client’s Control Procedures
6. Chapter 6: Scheming Scams
   1. Frauds Committed by Businesses
   2. Frauds Committed against Businesses
7. Chapter 7: Cooking the Books ...