Product Description

Easy–to–use coverage of auditing standards, practices, and procedures

Written by a leading author of auditing literature, Wiley Practitioner′s Guide to GAAS 2009 offers the most authoritative coverage of the auditing standards, practices, and procedures used today. Readers will find clear explanations and interpretations organized in the same way practitioners use the Statements on Auditing Standards.

The only reference that offers the most comprehensive coverage of the auditing standards, practices, and procedures in clear, easy–to–understand language, this practical resource includes explanations, practice notes, practical illustrations, checklists, and questionnaires to guide readers through the auditing process. Presenting statements one by one and explaining how the standards are related, this material is regularly updated on a companion Web site.

Michael J. Ramos (Denver, CO), a former auditor with KPMG, now works as an author and consultant. He is the author of How to Comply with Sarbanes–Oxley Section 404: Assessing the Effectiveness of Internal Control (978–0–470–16930–8), from Wiley. He has created several successful products, including nonauthoritative practice aids, implementation guides, and authoritative AICPA Audit and Accounting Guides.

Product Details

• Amazon Sales Rank: #1348755 in Books
• Published on: 2008-12-12
• Original language: English
• Number of items: 1
• Binding: Paperback
• 792 pages

From the Back Cover
The clearest, easiest–to–use guide to understanding GAAS 2009 on the market—fully updated!

This latest resource to understanding GAAS addresses the toughest part of an accountant′s job—identifying, interpreting, and applying the many audit, attest, review, and compilation standards relevant to a particular engagement. Wiley Practitioner′s Guide to GAAS 2009 offers the accounting professional a clear, accessible distillation of the official language of those standards, Statements on Standards for Attestation Engagements (SSAEs) and Statements on Standards for Accounting and Review Services (SSARSs)—as well as advice on exactly when and how to remain fully compliant with each. The only GAAS reference organized according to practitioners′ actual use of the Statements on Auditing Standards (SASs), Wiley Practitioner′s Guide to GAAS 2009 pre–sents each statement individually, explaining how the standards are related and offering guidance on the entire engagement process in the form of practice notes, checklists, questionnaires, and real–world examples that illustrate how the fundamental requirements of each section are applied. Other key features include:

• A brief identification of each SAS, SSAE, and SSARS, with its effective date and tips onwhen to apply it

• A convenient and comprehensive glossary of official definitions, which are usually scattered throughout a standard

• Behind–the–scenes explanations of the reasons for each pronouncement and brief explanations of the basic ideas of the section

• Concise listing and descriptions of each standard′s specific mandates

• Easy–to–read capsule summary of interpretations, plus selected AICPA practice alerts and advisories

• Helpful techniques for remaining compliant with each standard

• New in GAAS 2009!

• Examples and illustrations for testing internal controls

• More guidance on the Risk Assessment Standards

• Tips and examples for communicating internal control matters

• Updated guidance from the PCAOB

• And more

About the Author
In the first phase of his career, Michael Ramos was an auditor in the Los Angeles office of KPMG. He left the firm in 1991, and since that time he has worked as an independent writer and consultant, primarily on auditing. He has written a variety of publications, including nonauthoritative practice aids, implementation guides and authoritative AICPA Audit and Accounting Guides. He is the author, most recently, of How to Comply with Sarbanes–Oxley Section 404: Assessing the Effectiveness of Internal Control and The Sarbanes–Oxley 404 Implementation Toolkit: Practice Aids for Managers and Auditors.