Internal Auditor's Handbook
2nd Edition
Published on 28. January 2009
Book
Paperback/Softback
724 pages
978-1-4057-3567-4 (ISBN)
Description
The most comprehensive guide to internal audit available, this book is a must-have for internal audit departments, an ideal resource for external advisers and essential reading for those studying internal audit.
Internal audit is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations, detect risks and minimise their impact on an organisation. Using this book, internal auditors can be confident they help their organisation accomplish its objectives through a systematic, disciplined approach to risk management, control and governance processes.
The second edition is vastly expanded and includes the very latest Institute of Internal Auditors Standards. This update also takes account of the trend towards risk-based internal auditing: whilst boards expect internal audit to assure the adequacy of internal control systems, they are increasingly asking the internal audit team to focus on the most important, relevant issues to the business. Internal audit now more than ever has to juggle risk and control with the need to be pragmatic and efficient.
This handbook covers the theory, methods and practice of internal auditing, and includes chapters on specialist areas such as IT and environmental auditing. As well as looking at the complete process - from planning to report writing and beyond - this title examines the principles and purpose of the internal audit, taking in independence, objectivity and quality assurance.
The handbook's structure corresponds to the structure of the Institute of Internal Auditors' Standards - which have been adopted throughout the world including within the UK and are the foundations of the international Certified Internal Auditor (CIA) and UK examinations (PIIA and MIIA). Apart from being a practitioner guide for use anywhere in the world, the handbook is also an essential textbook for trainees taking these exams.
New to this edition:
The Internal Auditor's Handbook covers the new IIA Standards. This book takes full account of these large changes which include:
* Over 50% more content within the mandatory Institute of Internal Auditors Standards - by far the largest revision since 2001
* Significant transfers of content from the strongly recommended Practice Advisories into the mandatory Standards
* More demanding requirements on the essential characteristics of an internal audit activity
* Greater stress on governance processes and internal audit's relationships with the board
* Greater clarity through the extensive use of 'must' rather than 'should'
Internal audit is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations, detect risks and minimise their impact on an organisation. Using this book, internal auditors can be confident they help their organisation accomplish its objectives through a systematic, disciplined approach to risk management, control and governance processes.
The second edition is vastly expanded and includes the very latest Institute of Internal Auditors Standards. This update also takes account of the trend towards risk-based internal auditing: whilst boards expect internal audit to assure the adequacy of internal control systems, they are increasingly asking the internal audit team to focus on the most important, relevant issues to the business. Internal audit now more than ever has to juggle risk and control with the need to be pragmatic and efficient.
This handbook covers the theory, methods and practice of internal auditing, and includes chapters on specialist areas such as IT and environmental auditing. As well as looking at the complete process - from planning to report writing and beyond - this title examines the principles and purpose of the internal audit, taking in independence, objectivity and quality assurance.
The handbook's structure corresponds to the structure of the Institute of Internal Auditors' Standards - which have been adopted throughout the world including within the UK and are the foundations of the international Certified Internal Auditor (CIA) and UK examinations (PIIA and MIIA). Apart from being a practitioner guide for use anywhere in the world, the handbook is also an essential textbook for trainees taking these exams.
New to this edition:
The Internal Auditor's Handbook covers the new IIA Standards. This book takes full account of these large changes which include:
* Over 50% more content within the mandatory Institute of Internal Auditors Standards - by far the largest revision since 2001
* Significant transfers of content from the strongly recommended Practice Advisories into the mandatory Standards
* More demanding requirements on the essential characteristics of an internal audit activity
* Greater stress on governance processes and internal audit's relationships with the board
* Greater clarity through the extensive use of 'must' rather than 'should'
More details
Edition
2nd edition
Language
English
Place of publication
London
United Kingdom
Publishing group
LexisNexis UK
Target group
Professional and scholarly
Students and those practising in internal audit in businesses, particularly members of the Institute of Internal Auditors; Accountants who advise on risk, internal control and corporate governance issues.
Dimensions
Height: 228 mm
Width: 150 mm
ISBN-13
978-1-4057-3567-4 (9781405735674)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
Content
Internal audit attributes;
Understanding internal auditing - best practice guidance;
Understanding internal auditing - supplementary guidance;
Understanding internal auditing - case studies;
Internal audit independence and objectivity - best practice guidance;
Internal audit independence and objectivity - supplementary guidance;
Internal audit independence and objectivity - case studies;
Proficiency and care in internal auditing - best practice guidance;
Proficiency and care in internal auditing - supplementary guidance;
Proficiency and care in internal auditing - case studies;
Quality assurance and improvement programme - best practice guidance;
Quality assurance and improvement programme - supplementary guidance;
Performing internal audit;
Managing the internal audit activity - best practice guidance;
Managing the internal audit activity - supplementary guidance;
Managing the internal audit activity - case studies;
Nature of work - best practice guidance;
Nature of work - supplementary guidance;
Nature of work - case studies;
Engagement planning - best practice guidance;
Engagement planning - case studies;
Performing the engagement - best practice guidance;
Performing the engagement - supplementary guidance;
Performing the engagement - case studies;
Communicating results - best practice guidance;
Communicating results - supplementary guidance;
Communicating results - case studies;
Monitoring progress - best practice guidance;
Resolution of management's acceptance of risks - best practice guidance;
Resolution of management's acceptance of risks - case studies;
Selected advanced audit engagements;
The internal audit role in mergers and acquisitions;
Auditing subsidiaries and remote operating units;
Outsourced business activities, and implications for internal audit;
Reputational risk - control and audit;
Information technology;
Contracting;
Appendices;
The Institute of Internal Auditors Code of Ethics;
International Standards for the Professional Practice of Internal Auditing;
Practice Advisories by Standard number;
Index to IIA Practice Advisories - by topic;
Government Internal Audit Standards;
Content Specification Outlines for the Certified Internal Auditor professional qualification of The Institute of Internal Auditors;
Certification in Control Self Assessment of The Institute of Internal Auditors;
The Institute of Internal Auditors (UK) Practitioner of The Institute of Internal Auditors Programme - outline and contents;
The Institute of Internal Auditors (UK) Member of The Institute of Internal Auditors Programme - outline and contents;
Websites for internal auditors
Understanding internal auditing - best practice guidance;
Understanding internal auditing - supplementary guidance;
Understanding internal auditing - case studies;
Internal audit independence and objectivity - best practice guidance;
Internal audit independence and objectivity - supplementary guidance;
Internal audit independence and objectivity - case studies;
Proficiency and care in internal auditing - best practice guidance;
Proficiency and care in internal auditing - supplementary guidance;
Proficiency and care in internal auditing - case studies;
Quality assurance and improvement programme - best practice guidance;
Quality assurance and improvement programme - supplementary guidance;
Performing internal audit;
Managing the internal audit activity - best practice guidance;
Managing the internal audit activity - supplementary guidance;
Managing the internal audit activity - case studies;
Nature of work - best practice guidance;
Nature of work - supplementary guidance;
Nature of work - case studies;
Engagement planning - best practice guidance;
Engagement planning - case studies;
Performing the engagement - best practice guidance;
Performing the engagement - supplementary guidance;
Performing the engagement - case studies;
Communicating results - best practice guidance;
Communicating results - supplementary guidance;
Communicating results - case studies;
Monitoring progress - best practice guidance;
Resolution of management's acceptance of risks - best practice guidance;
Resolution of management's acceptance of risks - case studies;
Selected advanced audit engagements;
The internal audit role in mergers and acquisitions;
Auditing subsidiaries and remote operating units;
Outsourced business activities, and implications for internal audit;
Reputational risk - control and audit;
Information technology;
Contracting;
Appendices;
The Institute of Internal Auditors Code of Ethics;
International Standards for the Professional Practice of Internal Auditing;
Practice Advisories by Standard number;
Index to IIA Practice Advisories - by topic;
Government Internal Audit Standards;
Content Specification Outlines for the Certified Internal Auditor professional qualification of The Institute of Internal Auditors;
Certification in Control Self Assessment of The Institute of Internal Auditors;
The Institute of Internal Auditors (UK) Practitioner of The Institute of Internal Auditors Programme - outline and contents;
The Institute of Internal Auditors (UK) Member of The Institute of Internal Auditors Programme - outline and contents;
Websites for internal auditors