The future of audit : keeping capital markets efficient /
The future of audit : keeping capital markets efficient /
Keith Houghton [and others].
- 1 online resource
Includes index.
Introduction and summary of findings -- Research method -- Understanding of the audit and perceptions of the deliverables -- Communication -- Understanding of materiality -- Developing business acumen and client and industry knowledge -- Attracting and supporting staff -- Retention of staff -- Auditor independence -- Regulatory reforms to audit: their impacts -- Increasingly Prescriptive audits: A Distraction for Auditors? -- The approach, operation and resources of regulators -- Competition -- Differential auditing standards -- Internal audit -- Other assurance services and reports -- Differing levels of audit assurance -- Conclusion and recommendations.
"At a time when increased independence requirements for auditors, legal backing for auditing standards, and increased audit documentation requirements have occurred, this book examines key issues in the market for audit services in Australia. It investigates issues including: the understandability of audit and the state of the audit expectations gap; auditors' business acumen and industry expertise; the auditors' use of materiality; whether or not the increasingly prescriptive nature of auditing is creating a distraction from the 'real' audit task and stifling auditors' judgement; whether or not CLERP 9 reforms involving audit partner rotation and restrictions on non-audit service provision are efficient and effective and reactions to the increasing scrutiny of auditors and audit firms by regulators."--Publisher's description
9781921666513 192166651X
22573/ctt236gnp JSTOR
Auditing--Australia.
Auditing--Standards--Australia.
Auditing--Law and legislation--Australia.
Auditors--Australia.
Auditors' reports--Australia.
Banking.
Economics, finance, business and management.
Finance and accounting.
Finance.
BUSINESS & ECONOMICS--Auditing.
Auditing.
Auditing--Law and legislation.
Auditing--Standards.
Auditors.
Auditors' reports.
Australia.
Auditing Capital Markets
Electronic books.
Book.
HF5616.A8 / F87 2010
657.45
Includes index.
Introduction and summary of findings -- Research method -- Understanding of the audit and perceptions of the deliverables -- Communication -- Understanding of materiality -- Developing business acumen and client and industry knowledge -- Attracting and supporting staff -- Retention of staff -- Auditor independence -- Regulatory reforms to audit: their impacts -- Increasingly Prescriptive audits: A Distraction for Auditors? -- The approach, operation and resources of regulators -- Competition -- Differential auditing standards -- Internal audit -- Other assurance services and reports -- Differing levels of audit assurance -- Conclusion and recommendations.
"At a time when increased independence requirements for auditors, legal backing for auditing standards, and increased audit documentation requirements have occurred, this book examines key issues in the market for audit services in Australia. It investigates issues including: the understandability of audit and the state of the audit expectations gap; auditors' business acumen and industry expertise; the auditors' use of materiality; whether or not the increasingly prescriptive nature of auditing is creating a distraction from the 'real' audit task and stifling auditors' judgement; whether or not CLERP 9 reforms involving audit partner rotation and restrictions on non-audit service provision are efficient and effective and reactions to the increasing scrutiny of auditors and audit firms by regulators."--Publisher's description
9781921666513 192166651X
22573/ctt236gnp JSTOR
Auditing--Australia.
Auditing--Standards--Australia.
Auditing--Law and legislation--Australia.
Auditors--Australia.
Auditors' reports--Australia.
Banking.
Economics, finance, business and management.
Finance and accounting.
Finance.
BUSINESS & ECONOMICS--Auditing.
Auditing.
Auditing--Law and legislation.
Auditing--Standards.
Auditors.
Auditors' reports.
Australia.
Auditing Capital Markets
Electronic books.
Book.
HF5616.A8 / F87 2010
657.45