Title

Divergent and Evolving Auditing Standards: Teaching Notes and Exercises

Document Type

Article

Publication Date

2014

Publication Source

Advances in Accounting Education: Teaching and Curriculum Innovations

Abstract

This chapter presents an approach for teaching divergent and evolving auditing standards in an introductory auditing course. The existence of divergent and continually evolving auditing standards can be challenging for students and for auditing educators. In addition to two separate sets of standards in the United States for the audits of public companies (issuers) and nonpublic companies (nonissuers), auditors also need to be aware of the growing prominence of international standards. In addition to providing background information on standard-setting bodies and divergent auditing standards, and suggestions for simplifying the process of guiding students to an understanding of these standards, this chapter provides figures that can be used for demonstration in class, along with a series of brief internet-based research exercises. The exercises and examples provided may help auditing educators to facilitate students’ understanding and mastery of the fundamental elements of the domestic and international auditing standard-setting forces and activities that impact, directly or indirectly, auditing practice in the United States and abroad.

Inclusive pages

73-99

ISBN/ISSN

1085-4622

Comments

Permission documentation is on file.

Publisher

Emerald Group Publishing

Volume

14

Peer Reviewed

yes