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جميع الحقوق محفوظة ـ اإلعتداء عىل حق املؤلف 3 بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونيةChapter one Audit, External Audit and Implications of information technology on external audit In This Chapter we will cover First: introduction related with auditing Second: External audit of financial statements (Audit 1.0) Third: Implications of information technology on external audit (Audit 2.0) First: introduction related with auditing: In this Part of The Chapter, we will cover: - The distinction between auditing and accounting- Purpose of auditing1. The distinction between auditing and accounting: Accounting is an Information System, which is concerned with Identifying, Measuring , and Recording the economic events of an organization and then Communicating the results to interested users to help them in decisions making. When Auditing accounting data, auditors focus on determining whether recorded information properly reflects the economic events that occurred during the accounting period, and therefore must thoroughly understand the accounting standards according to which the information s recorded. So, the Auditing is the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria by an independent and competent person.In addition to understanding accounting, the auditor must possess expertise in the accumulation and interpretation of audit evidence. It is this expertise that distinguishes auditors from accountants. Determining the proper audit procedures,