Assessing and Responding to Audit Risk in a Financial Statement Audit, October 2016

<i>Assessing and Responding to Audit Risk in a Financial Statement Audit</i> is the definitive source for guidance on applying the core principles of the risk-based audit methodology that must be used on all financial statement audits. This guide is written in an easy-to-understand style that allows auditors of all experience levels find answers to the issues they encounter in the field. Unique insights, examples, and a comprehensive case study clarify critical concepts and requirements.