Auditing by Frederick S.
Tipson helps readers master the practical duties of an auditor, from checking cash to evaluating balance sheets. This edition compiles exam-style questions and clear answers that illuminate real-world auditing practice.
The book frames the auditor’s responsibilities, the score of key checks for corporations, and how to verify assets, liabilities, and equity. It emphasizes careful, evidence-based work, with guidance on when to trust or challenge records and how to document findings.
What you’ll experience:
- Step-by-step methods for testing cash, ledgers, and inventories
- Techniques to verify asset values, depreciation, and reserves
- Approaches to detecting omissions, misstatements, and fraud risks
- Practical counsel on capital versus revenue expenditures and certificate issuance
Ideal for students, aspiring CPAs, and professionals who want a hands-on reference for auditing processes and report preparation.