Assurance, Risk and Governance: An international Perspective provides a comprehensive reference for students of assurance practices and practitioners. The book explains the technical functioning of assurance processes at an advanced level using a principles-based approach aligned with International Standards on Auditing. This is complemented by a review of the leading academic research to provide readers with an easy-to-understand overview of the latest developments in external audit and related assurance services. The second edition provides a detailed outline of the risk assessment and response process paying particular attention to the latest developments in audit practice and research. It explains how a risk-based assurance model is operationalized in a financial reporting context with additional insights into emerging forms of external assurance for sustainability and integrated reports. In this way, the second edition provides one of the most recent and comprehensive accounts of contemporary assurance practice.