Auditing & Assurance Services A Systematic Approach 9th Edition by William Messier Jr

Auditing & Assurance Services A Systematic Approach 9th Edition by William Messier JrISBN 9780077862336MHID 0077862333Dear Colleagues and Friends,The events of the past decade have brought a great deal of turmoil and change to the business world, and theaccounting profession has also been affected. The auditing environment is far more complex and dynamictoday than it was even 10 years ago. Today, for example, fi nancial statement auditors practice in a regulatedenvironment and must deal with three sets of auditing standards: the standards of the PCAOB for auditsof U.S. public companies, the standards of the AICPA?s Auditing Standards Board for audits of essentiallyall other U.S. entities (e.g., private companies, government entities, universities, etc.), and the standards ofthe IFAC?s International Auditing and Assurance Standards Board for audits of entities based outside of theUnited States. And those standards have undergone change at an unprecedented pace. It is diffi cult enoughfor us as professors to stay abreast of the unprecedented change and complexity in the auditing environment;it is simply unrealistic to expect our students to be able to grasp all of this while they are working diligentlyjust to learn the fundamentals of fi nancial statement auditing.