FUNDAMENTALS OF AUDITING AND ASSURANCE SERVICES

Fundamentals of Auditing and Assurance Services by Johnson Kolawole Olowookere is a comprehensive and accessible textbook designed to introduce students and practitioners to the core principles, practices, and evolving standards of auditing. Tailored especially to the Nigerian academic and professional environment, the book bridges the gap between theory and real-world application by aligning its content with International Standards on Auditing (ISA) and Nigerian Standards on Auditing (NSA).

Beginning with the historical development and foundational concepts of auditing, the text systematically explores key areas such as audit planning, internal controls, audit evidence, sampling techniques, fraud detection, and auditor responsibilities. It also addresses modern developments including IT auditing, assurance engagements, and the audit expectation gap, ensuring relevance in today’s dynamic financial landscape.

What sets this book apart is its strong local context, integrating Nigerian laws such as the Companies and Allied Matters Act (CAMA) with global best practices. The author’s academic and professional experience is evident in the clarity of explanations, practical insights, and examination-focused guidance, making it particularly valuable for students preparing for university and professional accounting examinations.

With structured chapters, review questions, and practical examples, this text serves as both a foundational learning tool and a reliable reference for students, lecturers, and accounting professionals seeking a solid grounding in auditing and assurance services.