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Why and How Audits Must Change

Practical Guidance to Improve Your Audits

Why and How Audits Must Change by Thomas P. Houck
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Here are the essential steps that accounting firms must take to improve audit quality. The author provides detailed coverage of important topics such as risk-based auditing techniques, analytical procedures, technology, and internal controls. After explaining why frequently used audit approaches are inadequate for detecting material fraud, the author:
  • Provides specific and practical guidance to help auditors conduct higher quality audits
  • Offers guidance to financial executives on ways to evaluate their independent audits
  • Describes the steps that accounting firms must take to implement these much-needed changes

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Wiley; August 2003
242 pages; ISBN 9780471466406
Read online, or download in secure PDF format
Title: Why and How Audits Must Change
Author: Thomas P. Houck
 
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