Creating a Value-Added Internal Audit Function
Balancing Obtaining a Seat at the Table with Corporate Politics
Daniel Samson(Author)
Productivity Press
1st Edition
Published on 1. May 2017
Book
Paperback/Softback
300 pages
978-1-4987-9967-6 (ISBN)
Description
This book provides practitioners with strategies and tools for establishing and maintaining a successful, value-centric internal audit organization. It explores opportunities to gain management support through early wins; methods to systematically identify process improvement opportunities, cost savings and avoidance, and potential revenue recoveries; and tips on marketing and branding the audit organization for maximum impact. It introduces the Audit Value Factor, a concept to determine the estimated value of a given audit, as well as methods for calculating the return on recommendations made. It also outlines Six Sigma methods and techniques to ensure every engagement is value-added.
More details
Series
Language
English
Place of publication
Portland
United States
Publishing group
Taylor & Francis Inc
Target group
Professional and scholarly
Academic, Professional, and Professional Practice & Development
Illustrations
10 s/w Abbildungen
10 Illustrations, black and white
Dimensions
Height: 234 mm
Width: 156 mm
ISBN-13
978-1-4987-9967-6 (9781498799676)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Person
Dan Samson is Executive Director and CAE at an independent, nonprofit research institute. Mr. Samson has responsibility for global audit, corporate policies administration, and Enterprise Risk Management. Prior to his current position, he worked as Senior Manager of Internal Audit and Six Sigma Black Belt at Raytheon Company. He has held numerous positions in the utility and financial service industries, and has served on not-for-profit boards in the San Francisco and greater Boston area. He is a frequent speaker on process improvement, data analytics, internal audit, fraud prevention, and risk management for the Institute of Internal Auditors and the MIS Training Institute. Mr. Samson serves on the Board of Governors for the San Francisco Chapter of the IIA and on the Professional Issues Committee for the Global Institute of Internal Auditors. Mr. Samson obtained his BA in Economics from the University of New Hampshire, Durham and his MS from Boston University. He also holds certificates as a Certified Internal Auditor and Six Sigma Expert / Black Belt.
Content
Introduction. Balancing the Demand for Traditional Assurance Services and Consulting. Building the Case for Consulting Engagements. Branding the Audit Function. Process Improvement Methodologies: Six Sigma Techniques. Leveraging Data Analytics to Root Out Value. Cost Saving Targets All Auditors Should Consider. Revenue Recovery Targets All Auditors Should Consider. Leading Positive Change on Enterprise Risk Management. Leveraging Co-source Partners for Efficiency. Appendix