Knapp's market-leading casebook stresses "the people" aspect of independent audits. This casebook is intended to help students recognize the "red flags" that often accompany problem audits. Another goal of this text is to help students more readily grasp key auditing concepts and procedures by illustrating those items in real-world contexts. The use of real-world cases also acquaints students with the work environment of auditors. Professors can use this casebook as a supplemental text for the first undergraduate auditing course or as a primary text for a second undergraduate auditing course or a graduate-level auditing seminar. Selected cases in this text are also suitable for use in financial accounting courses.