Bring today's auditing concepts, standards and procedures to life and improve student comprehension of auditing concepts with the engaging approach in Knapp's CONTEMPORARY AUDITING, 12E. The author clearly presents the factors that often lead to audits problems and failures. Updated popular cases examine firms such as The Boeing Company, DHB Industries, Lehman Brothers and Madoff Securities. Eighteen new and revised cases highlight headline-grabbing financial scandals, auditing and ethical issues in firms such as The Bank of Tokyo, Caterpillar, Equifax, Herbalife and Wells Fargo & Co. Students study an auditor who served as an FBI informant, examine the international uproar following an auditor who released 30,000 pages of his firm's tax-avoidance plans to the media and review the role of a Big Four firm partner in announcing the wrong film for an Academy Award. Recent auditing and ethical professional standards are integrated into case solutions in a revised 500-page Instructor’s Manual.
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