Auditing and Assurance - DF25S42

This study material provides a complete introduction to auditing principles and assurance practices. It explains the purpose of auditing, types of audits, key standards, and the full audit process—from planning and risk assessment to evidence collection and reporting. Students learn about internal controls, fraud detection, corporate governance, documentation requirements, and assurance engagements. The book also covers audit of banks, non-profit organizations, government entities, and emerging trends such as technology-driven auditing. Designed with clear concepts and practical examples, it equips learners with the foundational knowledge needed to understand and perform auditing responsibilities in real-world financial environments.