2006 Auditing Standards: Including the Standards of the PCAOB

In the aftermath of the scandals rocking Wall Street, the pressure on auditing firms and CPAs has never been more intense. And nowhere is there a more up-to-date, user-friendly GAAS manual than this. Nicky Dauber delivers a current, comprehensive compendium of the latest authoritative auditing standards, with special emphasis on practical applications. Providing a valuable reference for accounting and auditing professionals, it explains the authoritative standards in simple and easy-to-understand language, provides definitions of key terms, and clearly and completely reviews and summarizes all requirements of authoritative standards. Dauber organizes the material in four sections: Auditing, Attestation, Accounting and Review, and the new Auditing Standards. Changes in GAAS are constant. Failing to stay current can have serious consequences, while mistakes in the application can be disastrous. This practical and effective how-to guide keeps readers abreast of the latest standards and equips them with the understanding for precise application.

Nick Dauber, MS, CPA, is an accounting practitioner, specializing in auditing and taxation. Prior to starting his practice 20 years ago, he was an audit and tax manager at a CPA firm. Mr. Dauber is also an instructor of Auditing and Taxation at Queens College of the City University of New York. He was the president of Person/Wolinsky CPA Review Courses and has instructed over 75,000 CPA exam candidates during the past 25 years. Mr. Dauber was the writer of the review course’s auditing and taxation material and served as the editor of the law and financial accounting material. In 1992, Mr. Dauber was named Professor of the Year at Queens College and was the recipient of the Golden Apple Award bestowed by the Golden Key National Honor Society. He has also served as an award-winning lecturer in auditing and taxation for the Foundation for Accounting Education at the New York State Society of CPAs as well as for the American Institute of Certified Public Accountants. ! Books that Mr. Dauber has authored include The Vest-Pocket CPA (John Wiley and Sons), Corporate Controller’s Handbook of Financial Management (CCH), and Barron’s How to Prepare for the CPA Exam. He has also been a contributor to professional books in accounting and auditing.

Anique Ahmed Qureshi, Ph.D., CPA, CIA, is professor of accounting and information systems at Queens College of the City University of New York and a consultant on accounting, auditing, and information systems. Dr. Qureshi has written ten books published by South-Western, Aspen, Prentice-Hall, Glenlake, and the American Management Association. His articles have appeared in accounting and information systems journals, including CPA Journal, Internal Auditing, National Public Accountant, International Journal of Computer Applications in Technology, and the Journal of Business Research.

Marc H. Levine, Ph.D., CPA, is professor of accounting, Queens College of the City University of New York, and a financial accounting and auditing consultant. He was previously associated with Deloitte and Touche, CPAs. He has written five books, including the WG&I Audit Manual (Warren, Gorham, and Lamont) and GAAP 2004, Handbook of Policies and Procedures (Aspen Publishers), and more than 50 articles on auditing and financial accounting topics. His articles have been published in The CPA Journal, Journal of Corporate Accounting and Finance, Practical Accountant, National Public Accountant, Massachusetts CPA Review, Cost and Management, and Management Accountant, among others.

Joel G. Siegel, Ph.D., CPA, is a self-employed certified public accountant and professor of Accounting at Queens College of the City University of New York. He previously worked as an auditor for the Defense Department of the United States, and Price Waterhouse Coopers, LLP. Dr. Siegel has acted as a consultant in accounting and auditing to many organizations, including Citicorp, International Telephone and Telegraph, United Technologies, The American Institute of CPAs, and Person/Wolinsky CPA Review Courses. Dr. Siegel is author of 65 books and 275 articles on accounting and auditing topics. His books have been published by South-Western, International Publishing, Glenlake, Prentice-Hall, Aspen Law and Business, Richard Irwin, McGraw-Hill, Probus, Macmillan, Harper Collins, John Wiley, Barron’s American Management Association, and the American Institute of CPAs.