For courses in auditing.
An integrated learning opportunity that encompasses financial statement assurance and accounting info systems
Assurance Practice Set for Comprehensive Assurance & Systems Tool (CAST) uniquely exposes students to these issues at The Winery at Chateau Americana, a hypothetical company that is based on an actual domestic winery. Unlike traditional projects and assignments that may offer little to no context, students develop a rich knowledge and understanding of Chateau Americana and its industry as they provide assurance on the company’s financial statements and address a variety of challenging accounting info systems issues. The 4th Edition has been updated in response to changes that have occurred in technology and the field of accounting, so that students have the latest information and tools they need to prepare them for their future careers.
Table of Contents
2. Understanding the Business Environment
3. Identification of Audit Tests for the Expenditure Cycle
4. Selection of Audit Tests and Risk Assessment for the Expenditure Cycle
5. Performance of Audit Tests for the Revenue Cycle