Internal Auditing: An Integrated Approach

This title contains book & CD. This book is designed primarily for undergraduate and postgraduate students intending to pursue a career in internal auditing, as well as those chartered accountants with a specialist interest in governance and control issues. This book covers the basic concepts, philosophy and principles underlying the practice of internal auditing - the relationships between the internal auditor, management and the external auditor. In addition, the student will gain a knowledge and understanding of the nature of an organization. Risk management and the role of internal auditing in managing organizational risks in the context of current developments in corporate governance in both the public and private sectors are dealt with. The book is now prescribed for those studying for the Certified Internal Auditor professional qualification since it addresses the syllabus requirements of the Institute of Internal Auditors (IIA) and the Standards for the Professional Practice of Internal Auditing and Competency Framework for Internal Auditors. This book represents a practical integrated approach to the Institute of Internal Auditors' recommended internal audit approach, and may be implemented within an internal audit department in a cost-effective manner. Accordingly, the text may be useful as a reference manual for internal audits in practice.

Table of Contents:
Emerging role of internal auditing; IIA standards for the professional practice of internal auditing; Internal audit quality; Ethics theory and practice in the modern world; Organisations and performance objectives; Risk assessment; Control frameworks; Audit evidence; Communication; Strategic management; Global business environments; Organisational behaviour; Management skills; Negotiation skills; Business approach to internal auditing and organisational governance; Types of internal audits; The internal audit process and documentation; Control and performance evaluation; Planning, conducting and monitoring engagements; Audit reporting and follow-up; Audit engagement tools, statistics and quantitative methods; Corporate governance; Business processes; Accounting and finance; Managerial accounting; Regulatory, legal and economics; Auditing computerised information systems; Auditing general and application controls; Auditing systems under development; Use of CAATs in the audit of computerised information systems; Auditing security and privacy; Auditing disaster recovery and business continuity plans; Auditing e-commerce and the Internet; Fraud auditing; Forensic evidence; Conducting a fraud investigation; IT fraud investigation.