The book walks accountants through an integrated audit, using a public company as its platform. It explains that when a non-public company is being audited according to AICPA standards certain procedures do not have to be performed. When ICFR are discussed, they are presented in the context of company controls and tests of controls that are important to both management and the auditor. Examples are included from a wide range of industries. Accounting issues that are important in the current environment are also emphasized, including topics such as fair value, accounting for investments and variable interest entities. When accountants complete the book, they'll be well grounded in the knowledge of an integrated audit.