Auditing Notes for South African Students (12th Edition)

Description:

Ace your auditing exams with the textbook that breaks down the “Grey Books” (ISAs) into understandable study notes. Auditing Notes for South African Students is the primary resource for South African students who need to master the theory and practice of auditing. This 12th edition is specifically designed to bridge the gap between complex auditing standards and the practical application required in university tests and SAICA board exams.

Why the 12th Edition is Essential for Your Studies:

• CA2025 Framework: Includes the latest theories and concepts required by the new SAICA competency framework.

• New Standards: Features the latest on ISQM 1 and 2 (Quality Management) and the revised ISA 220.

• Risk Assessment Updates: Substantially rewritten Chapter 5 to include the revised ISA 315 (Identifying and Assessing Risks of Material Misstatement).

• King IV Aligned: Comprehensive coverage of corporate governance principles as they apply to the South African business environment.

• Practical Audit Cycles: Modernized chapters on the various business cycles (Revenue, Acquisitions, Inventory, etc.) to align with current digital business practices.

Key Topics Covered:

• Introduction to the Auditing Profession and Ethics (SAICA & IRBA Codes).

• Statutory Matters including the Companies Act 2008 and Auditing Profession Act.

• Internal Control evaluation and Risk Assessment (ISA 315).

• Audit Evidence and Documentation (ISA 500 & 230).

• Computer Auditing: From basics to new technology.

• Substantive Procedures for all major business cycles.

Key Specifications:

• ISBN-13: 9780639009544

• Authors: A. Adams, T. Diale, G. Richard (Originally by Jackson & Stent)

• Publisher: LexisNexis South Africa

• Edition: 12th Edition

• Format: Physical Paperback