Progressing from elementary to advanced level, this auditing course assumes no prior knowledge and therefore helps the reader step by step through each stage. It focuses on risk and risk-management through an understanding of the business environment to help auditors interpret information for their clients. The text incorporates real-world examples, ethical issues and recent auditing research throughout, and the visual approach guides readers through documents, showing what they should look for during an audit. Assignment material provides cases which are intended to develop the reader's analytical and communication skills in each chapter. Ancillary package available upon adoption.