Wiley Advantage Audit Frequently Asked Questions

We have answers for your risk based audit questions

Q. What is Wiley Advantage Audit?

A. Wiley Advantage Audit is an easy-to-use, risk-based audit program and planning document, which helps auditors comply with risk-based professional standards in a straightforward manner to make their low-complexity audits easier and more profitable.

These quality control materials are designed for "low complexity" engagements: those that are generally smaller in size, have one operating location, less complex accounting, smaller internal accounting departments, and no multi-national operations. These materials are generally intended for use by smaller firms — however, firms of all sizes can use these materials, if adequate firm controls exist to limit use to the appropriate engagements.

The intended users of Advantage Audit Quality Control Materials are professionals with substantial accounting, specific industry experience and knowledge. These materials are not intended as teaching or learning tools for the user. Professionals are reminded to tailor the materials as appropriate and use professional judgment in its application based on facts and circumstances.


Q. When is Wiley Advantage Audit updated?

A. The 2014 Wiley Advantage Audit guides were published in October of 2014, to cover all audits for tax year 2014. This 2015 edition is updated for all pronouncements through December 31, 2014.

Subsequent Wiley Advantage Audit annual editions will be published at similar times in future years, and will be updated for all pronouncements through the end of those years.


Q. Who should use Wiley Advantage Audit?

A. Professional public auditors, with substantial accounting experience of a particular industry and detailed professional knowledge, to aid in audits of smaller, non-public companies.

Each Wiley Advantage Audit guide focuses on a particular industry, allowing auditors to spend time on their audits rather than navigating their paperwork.


Q. How can I get Wiley Advantage Audit?

A. Any auditor can purchase Wiley Advantage Audit directly from this website, and start using it immediately. Click on "Products" above for the full list of Wiley Advantage Audit guides, or to purchase immediately.

For special pricing for multiple auditors, please contact our sales consultants by clicking "Request Info" above, by calling (866) 888-4622, or by e-mailing advantageaudit@wiley.com. They can answer your questions, run a live demo on your desktop, or give you an immediate price quote.


Q. How does a large firm purchase Wiley Advantage Audit?

A. Larger firms — with more than five auditors, or buying more than five guides — can get substantial discounts per user for Wiley Advantage Audit.

Please contact our sales consultants by clicking "Request Info" above, by calling (866) 888-4622, or by e-mailing advantageaudit@wiley.com. They can answer your questions, run a live demo on your desktop, or give you an immediate price quote.


Q. What is the price for Wiley Advantage Audit risk-based audit planning programs?

A. Each Audit guide is only $195, with Review guides only $150 and Compilation guides only $95. And each one of those guides is completely reusable for all of your 2014 audits in that industry.

But if your firm has more than five auditors, or if you need more than five guides, please contact our sales consultants for additional discounts.


Q. What does my computer need to run Wiley Advantage Audit risk based audit programs?

A. Wiley Advantage Audit is delivered in Microsoft Word 97-2003 ".doc" format, which can be read by those programs, by all of the more recent Microsoft word-processing programs, and most other word processors. Please check your program for compatibility before ordering.


Q. How can I sample Wiley Advantage Audit to be sure it's right for my firm?

A. Click the "Free Sample" button to the left and fill out your information, and we'll send you a full sample 2014 guide, absolutely free, for your examination.