PART 1 The Auditing Profession
1 The Demand for Audit and Other Assurance Services
2 The CPA Profession
3 Audit Reports
4 Professional Ethics
5 Legal Liability
PART 2 The Audit Process
6 Audit Responsibilities and Objectives
7 Audit Evidence
8 Audit Planning and Analytical Procedures
9 Materiality and Risk
10 Section 404 Audits of Internal Control and Control Risk
11 Overall Audit Plan and Audit Program
PART 3 Application of the Audit Process to the Sales and Collection Cycle
12 Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions
13 Audit Sampling for Tests of Controls and Substantive Tests of Transactions
14 Completing the Tests in the Sales and Collection Cycle: Accounts Receivable
PART 4 ADolication of the Audit Process to Other Cycles
15 Audit of the Payroll and Personnel Cycle
16 Audit of the Acquisition and Payment Cycle: Tests of Controls, Substantive Tests of Transactions, and Accounts Payable
17 Audit of the Inventory and Warehousing Cycle
18 Audit of the Capital Acquisition and Repayment Cycle
19 Audit of Cash Balances
PART 5 Completina the Audit
20 Completing the Audit
Appendix Hillsburg Hardware Company 2004 Annual Report
