Efficient Auditing of Private Companies (2010-11 edition)

Many auditors are still experiencing problems implementing the current set of International Standards on Auditing (UK and Ireland), for periods that commenced on or after 14 December 2004. With the new clarity versions coming into force for December 2010 year ends, it has never been so important to ensure your information is up to date. Efficient Auditing of Private Companies gives you practical guidance on how to comply with the new, Clarity ISA’s without blowing your budget. It enables you to carry out audits in an efficient and cost-effective manner and includes examples of model audit files taken from our renowned subscription services.

The expert auditing team at SWATuk, who are authors of this title, carry out regular file reviews and have drawn on common problems and errors found in a real-life environment whilst writing this book.

It is essential that every audit covers the needs of the individual clients, while at the same time meeting the requirements of audit regulation. This useful guide will help you to tailor your audit approach by showing you how to undertake audit work as effectively and efficiently as possible. The book takes a completely practical approach and includes helpful examples, ideas for alternative tests, and essential planning points for use in the office or when you are out in the field undertaking an audit. This book represents a complete revision to the very popular third edition of Efficient Auditing of Private Companies, bringing it up to date with the changeover from the existing ISAs to the new Clarified International Standards on Auditing (UK and Ireland).

This new edition ensures the book's status as probably the best guide available for auditors who wish to undertake their audits as effectively and efficiently as possible.