50 Audit Blunders

Why This Book?

✔ Real-World Focus: Each blunder is illustrated with actual audit failures (Enron, Wirecard, Patisserie Valerie) and PCAOB inspection findings

✔ Practical Fixes: Clear, actionable solutions for each risk—not just theory

✔ Structured Learning: Mistakes are categorized into Planning, Fieldwork, Reporting, Ethics, and Technology

✔ Designed for Busy Professionals: Skimmable format with warning icons, case boxes, and quick-reference checklists

Who Needs This Book?

✓ Auditors (Big 4, mid-tier, or independent) who want to bulletproof their work

✓ Accounting students preparing for real-world challenges

✓ Audit committees & CFOs who rely on audit quality

✓ Educators teaching auditing best practices

Inside You’ll Discover:

• Blunder #3: Ignoring industry-specific risks (Tesla’s warranty accounting lesson)

• Blunder #15: Skipping IT change control tests (Wells Fargo’s fake accounts)

• Blunder #28: Rubber-stamp going concern assessments (Carillion’s collapse)

• Blunder #50: No tech fraud monitoring ($50M deepfake scams)