Managing the Audit Function

An internal audit is the procedure and technique used by auditors to examine issues such as management policies, proper internal controls, the detection of fraud, proper record keeping, and the effective operation of the business. This text describes how to set up a corporate audit department and how this should function. The author explains the unique matrixes he has developed which describe each component of the audit function in detail, from administration to performance and reporting. The book can be used as a working manual or adapted to fit a company's particular needs, and is updated annually to provide new management information.