The Third Edition of this successful text includes extensive changes, based on feedback from students and lecturers. There is a discussion of auditing and the law beyond the issue of third-party liability; and more coverage of recent developments in audit methodologies and techniques. New chapters include a survey of developments in audit automation, a discussion of the nature and development of the audit market, both in the United Kingdom and the European Union, and an assessment of the impact on auditing of the Cadbury Report on corporate governance, with particular attention to the role of audit committees. Each chapter includes questions for discussion.

The Audit of Central Government

The Audit of Central Government

The audit of central government


Audit in central Government has much in common with audit elsewhere. A key objective is to express an opinion on the accuracy of annual accounts and financial statements, based on sufficient, relevant and reliable evidence. Audit risk and the coverage of the examination need to be carefully planned and the work carried out accurately and thoroughly. The staff involved are qualified members of one of the professional accountancy bodies, working to published standards. Independence is a primary requirement.

But the use of public funds and resources imposes further special demands. Accountability to Parliament and the public needs to be to the highest standards, with full public reporting of the results and conclusions of the audit. Special importance ...

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