Auditing & Assurance Services A Systematic Approach William Messier Jr 10th Edition-Test Bank

Test Bank For Audit & Assurance Services A Comprehensive Strategy by William Messier Jr. 10e

1. ISBN-10

   0077732502
2. ISBN-13

   978-0077732509

   Core principles integral to the William Messier Jr./Glover/Prawitt textbook consist of: student involvement, a methodical approach, and decision-making processes. Student Engagement: The writers believe in equipping students with a solid grasp of the fundamental principles underlying the audit process and how to apply these principles to various audit and assurance services. The content is made accessible to students through clear writing and the use of engaging, relevant real-world examples, visuals, and comparisons. The content explicitly urges students to pause and reflect at crucial points in the text to assist them in applying covered concepts and also helps students visualize the application of concepts in a practical context through “practice insight” sections.
   A Systematic Approach: The authors initially introduce the three foundational concepts of audit risk, materiality, and evidence, then progress to discuss audit planning, the assessment of management risk, and a discourse on the nature, timing, and extent of evidence required to achieve the appropriate level of detection risk. These concepts are then applied to each significant business process and related account balances using a risk-based approach, (in alignment with the new standards embraced by the various auditing boards).
   Decision Making: Given that much of auditing practice involves the application of auditor judgment, the writers focus on significant judgments and decision-making processes. If a student comprehends these fundamental concepts and how to apply them to an audit engagement, they can be more effective in today’s dynamic audit environment. The new edition even integrates a full advanced module on Professional Judgment.

   Author Information

   Professor William F. Messier, Jr., holds the Deloitte & Touche Professorship at the College of Accountancy, Georgia State University. He occupies a Professor II position at the Institute for Accounting and Auditing, Norwegian School of Economics and Business Administration, with a visiting professorship at SDA Bocconi in Milan, Italy. Professor Messier holds a BBA from Siena College, an MS from Clarkson University, and an MBA and DBA from Indiana University. He is a Florida CPA and has previously taught at the Universities of Florida and Michigan.
   Professor Messier has chaired the Auditing Section of the American Accounting Association and served as a co-editor of the Journal of Accounting Literature. Currently, he sits on the AICPA’s International Auditing Standards Subcommittee. Professor Messier has authored or co-authored over 45 articles in accounting, decision science, and computer science journals.

   Professor Douglas F. Prawitt is the Glen Ardis Professor of Accountancy at the Marriott School of Management, Brigham Young University. Professor Prawitt is a Utah CPA with a PhD from the University of Arizona and BS and MAcc degrees from Brigham Young University. In 1998 and 2000, he received the Marriott School’s Teaching Excellence and Outstanding Researcher awards. He was honored with the Merrill J. Bateman Student Choice Teaching Award in 2002, BYU’s Wesley P. Lloyd Award for Excellence in Graduate Education in 2006, and the American Accounting Association’s Deloitte/Wildman Award in 2013.

   Professor Steven M. Glover holds the K. Fred Skousen Professorship and serves as Associate Dean of the Marriott School of Management, Brigham Young University. Professor Glover, a Utah CPA, earned his PhD and BS from the University of Washington and an AA in Business from BYU – Idaho. He previously worked as an auditor for KPMG LLP and as a director in the national office of PwC LLP. Professor Glover is currently a member of the AICPA Auditing Standards Board and has been on the audit committee of a non-profit organization. He has served on the advisory boards of technology companies and actively consults with public companies and public accounting firms. He has also been an expert witness. Professor Glover is a former President of the Auditing Section of the American Accounting Association and has participated in auditing-related task forces of the AICPA. He is or has been on the editorial boards of Auditing: A Journal of Practice & Theory, The Accounting Review, Current Issues in Auditing, and the review board of the AAA/CAQ Access to Audit Personnel Program. He has authored or coauthored over 40 articles and books primarily focused on auditor decision-making, audit education, and audit practice. Alongside Professor Prawitt and KPMG, LLP, he co-authored an award-winning monograph intended to enhance the professional judgment of auditors and auditing students, including a monograph on professional skepticism commissioned by the Standards Working Group of the GPPC, a global consortium of the six largest public accounting network firms.