This text provides an introduction to the audit process within the context of business risk. It prepares students to succeed in the evolving nature of the auditing profession and the environment in which it operates. The text examines audit regulations, concepts and practices as they apply in today's technological, systems-oriented environment. The third edition of Auditing and Assurance maintains the themes developed previously; the text has also been updated to reflect the evolving nature of the auditing profession and the environment in which it operates.