Auditing: Theory and Practice (Classic Reprint)

Robert H. Montgomery

ISBN 10: 133030151X / ISBN 13: 9781330301517

Editore: Forgotten Books, 2017

Riguardo questo articolo

Print on Demand. This book is a comprehensive guide to the practice of auditing, a field that has grown significantly in complexity and importance over time. The author, with decades of professional experience, provides a deep understanding of the historical evolution of auditing, highlighting how its focus has shifted from simply detecting fraud or errors to becoming an essential tool for managing and evaluating business operations. The text offers clear explanations of the fundamental principles that guide the auditing process, along with detailed instructions on how to conduct a thorough audit. Through numerous examples and real -world case studies, the author emphasizes the value of auditing in providing accurate and reliable financial information to business owners, investors, and lenders. The book is a valuable resource for anyone seeking a comprehensive understanding of the complexities of auditing and its role in the modern business world. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.

Codice articolo 9781330301517_0

Dati bibliografici

• Titolo: Auditing: Theory and Practice (Classic Reprint)
• Editore: Forgotten Books
• Data di pubblicazione: 2017
• Lingua: Inglese
• ISBN 10: 133030151X
• ISBN 13: 9781330301517
• Rilegatura: Paperback
• Condizione: New
• Tipo di libro: print-on-demand item
• Cataloghi dei venditori:
  • Accounting

Descrizione articolo

Riassunto

Excerpt from Auditing: Theory and Practice

There is a demand for a practical book on auditing which up to this time has not been met. If my twenty-four years of continuous experience in professional accountancy work is a sufficient practical training, I trust I have established a prima facie excuse for the presentation of this book, which contains more of practice than of theory.

Auditing, in its broadest sense, is the most important branch of accountancy. During the early years of my clerkship in the office of Mr. John Heins, of Philadelphia (then President of the American Association of Public Accountants), and later, while acting as an instructor in the School of Accounts and Finance of the University of Pennsylvania, I strongly felt the need of a dependable textbook on the subject. My attention was all the more directed to the paucity of books on auditing and on other accounting and cognate subjects by contrast with the full and comprehensive literature of the legal profession which I had found of such great assistance in my studies preparatory to admission to the bar.

Mr. Dicksee's work on auditing was for many years an authority in American offices. In 1905 I published an American edition of his book, in which I omitted the statutes and other matter which related solely to British practice, and rewrote, or left unchanged, the parts applicable to American practice. The book met with such success that in 1909 a second edition was required.

During the last few years, however, I have noted in the profession a radical departure from the principles and procedure enunciated by Mr. Dicksee. More is now expected of the auditor, and, happily, many of the profession have met this broader demand and have shown that the services of the practitioner must extend over the whole field of business activity.