Besides the legal importance of auditing, it is also crucial for an organization because it offers valuable and crucial insights. Auditing helps in determining if an organization is able to offer a fair and true view of its financial position and performance. If you are someone looking forward to entering the world of quality auditing, then the following list of books will come in handy to you. So, without waiting any further, let’s take a look at the top six books on auditing that you need to read for a better understanding of the analytics and concepts of auditing.
1. Auditing For Dummies
This book, by Maire Loughran, was originally written in 2010 and it is still one of the most renowned books on auditing. It covers all the topics in depth, and thus, beginners will really benefit from this book.
The simplicity of the language used in the books makes it further interesting and useful for the readers. Right from the fundamental concepts to complex ideas, everything has been explained beautifully by the author.
2. The Internal Auditing Pocket Guide: Preparing, Performing, Reporting and Follow-up
J. P. Russell offers the perfect crash course for anyone who wants to learn the basic facts of quality auditing, along with the functions of internal auditors. A quick summary and thoroughly explained examples further help in understanding the subject.
Both the learners and practitioners of internal auditing can take help from this book. Each aspect of internal auditing has been elucidated in great depths.
3. Fraud Examination
The authors, Conan C. Albrecht, W. Steve Albrecht, Chad O. Albrecht, and Mark F. Zimbelman, have written this book keeping in mind the advanced learners of accounting and quality Auditing. The focus of the book lies in the growing instances of fraud and detecting it.
It explains the nature of fraud, discusses forensic auditing, and increases your ability to read financial statements. You will also understand the reasons and ways of fraudulence in an organization.
4. Forensic and Investigative Accounting
The book is co-authored by Lester E. Heitger and G. Stevenson Smith and offers a thorough explanation of government regulations. If you want an introductory book for understanding fraud accounting, then this is the one you need to rely on.
It is written in a really simple language which will help you to understand easily and also keep you interested. Pick out this one if you have a basic understanding of auditing and want to know more about forensic accounting practices.
5. Auditing and Assurance Services
The fact that the book has been drafted by Deloitte professors and PricewaterhouseCoopers gives it a certain gravitas. The authors Randy Elder, Al Arens, and Mark S. Beasley take up a practical approach and give you an info-graphic idea about the auditing world.
It is suited for both beginners and intermediate learners of quality auditing. The recently applicable auditing standards mentioned in US GAAS framework have all been covered by this book. The ample web resources mentioned here will give you an opportunity of reading in further details.
6. Auditing Cases: An Interactive Learning Approach
If you are a beginner who wants to learn through case studies and examples, then this book by Mark S. Beasley and Frank A. Buckless will be of immense help to you.
The authors have taken up an active learning approach to give the readers an insight into the world of auditing.
Wrapping up
Make sure all these 6 books on auditing find a place in your bookshelf if you are planning to learn more about quality auditing. These will make it easy for you to understand the various aspects of the subject.
