Hong Kong auditing : economic theory & practice / Ferdinand A. Gul, Simon Y. K. Fung.

Format:

Book

Author/Creator:

Gul, Ferdinand A., author.

Fung, Simon Y. K., author.

Language:

English

Subjects (All):

Auditing--China.

Auditing.

Physical Description:

1 online resource (940 pages)

Edition:

Third edition.

Place of Publication:

Hong Kong : City University of Hong Kong Press, [2014]

Summary:

The third edition is thoroughly revised to take into account the new Companies Ordinance (Chapter 622, effective 2014) and Hong Kong Standards on Quality Control, Auditing, Assurance and Related Services (updated June 2014), and numerous developments of a full range of auditing topics since the previous edition. Along with recent development of the profession and cutting-edge research findings, this book boldly draws on economic theories to explain aspects of auditing. Certain economic concepts that are applicable to all aspects of an audit are addressed for students and practitioners alike.

Contents:

Cover

Title Page

Copyright

Dedication

Contents

Detailed Chapter Contents

Preface

List of Illustrations

Acronyms and Abbreviations

List of Relevant Standards on Auditing and Assurance in Hong Kong

Chapter 1: Development of the Auditing Profession

Chapter 2: Economic Theory of Auditing and the Development of Standards

Chapter 3: Rights, Duties and Liabilities of Auditors in Hong Kong

Chapter 4: Professional Ethics and Auditor Independence

Chapter 5: Audit Overview and Evidential Matter

Chapter 6: Risk Analysis and Materiality

Chapter 7: Control Risk Assessment

Chapter 8: Audit Sampling and Statistical Tests

Chapter 9: Auditing in an IT Environment

Chapter 10: Auditing Transactions and Account Balances

Chapter 11: Auditing the Revenue and Receipts Cycle

Chapter 12: Auditing the Purchases and Payments Cycle

Chapter 13: Auditing the Production Cycle

Chapter 14: Auditing the Payroll and Personnel Cycle

Chapter 15: Auditing Other Assets, Equities and Liabilities

Chapter 16: Profit and Loss Disclosures and Completing the Audit

Chapter 17: Audit Reporting Practices

Chapter 18: Internal and Operational Auditing

Glossary

Bibliography

Table of Cases

Table of Auditing and Accounting Standards

About the Authors

Index

Back Cover.

Notes:

Description based on print version record.

ISBN:

9789629375188

9629375184