Book Review: Auditing, The Late A.H. Millichamp and J.R. Taylor (Book Power, 9th Edition (2008), Pages: 446).

Abstract

The skill of understanding and analyzing the fair presentation of financial statements is essential for accounting practitioners and stakeholders, as it provides a deep dive into the evaluation of financial statements and the stability of a business. As a concept, auditing of financial statements may be fundamental since it involves scrutinizing the presentation of financial statements to review, evaluate, and interpret the presentation of financial statements without misrepresentation. Therefore, a helpful textbook to guide the user in assessing the presentation of financial statements is timely and required.