A step-by step guide which explains the methodology of modern auditing and simultaneous labelling of audit risk in each type of business audit. Written by Aggelos Zoitsas, a member of the Institute of Certified Public Accountants of Greece, who has taught for more than ten years at undergraduate and graduate levels of studies, the book combines theory and experience from the real business world in a systematic and comprehensible way. It addresses both students studying accounting and professional accountants.