At a time when many corporations are cutting their internal auditing departments, it’s imperative that every manager understand the fundamentals of internal audits. This book is designed as a corporate resource, to help managers and their teams set standards for self-auditing, risk management, compliance review, and formal disclosure reporting. Readers will learn proven, effective techniques for performing reliable and defensible audit reviews to ensure compliance with regulations and standards.
Book Details:
- Author: K. H. Spencer Pickett
- ISBN: 9780470090985
- Year Published: 2005
- Pages: 368
- BISAC: BUS003000, BUSINESS & ECONOMICS/Auditing
About the Book and Topic:
At a time when many corporations are cutting their internal auditing departments, it’s imperative that every manager understand the fundamentals of internal audits. This book is designed as a corporate resource, to help managers and their teams set standards for self-auditing, risk management, compliance review, and formal disclosure reporting. Readers will learn proven, effective techniques for performing reliable and defensible audit reviews to ensure compliance with regulations and standards.
Many organizations have downsized their audit personnel and tranferred audit functions to line managers. Yet existing publications on compliance and fraud present it as a specialist area outside the remit of general managers. There is very little that takes the techniques for performing reliable and defensible audit reviews into the general business risk management and controls arena. This is a much-overlooked area.
Many organizations have downsized their audit personnel and transferred audit functions to line managers. Pickett addresses the needs of managers and provides them with clear guidance on how to carry out audits and report their findings. Author is an experienced and successful author on the subjects of internal audit and fraud and has considerable experience teaching auditing to business managers. Includes many helpful diagrams and checklists in a how-to format, which can be used by busy managers to ensure the speedy and successful completion of internal reviews.
About the Author
K. H. Spencer Pickett is a Senior Lecturer at the Civil Service College in the UK where he is responsible for courses on internal audit, corporate governance and risk management. He is a member of the ACCAs (Association of Chartered Certified Accountants) Internal Audit Committee, a Fellow of the IIA (Institute of Internal Examiners) and a CFE (Certified Fraud Examiner). Spencer Pickett is author of Internal Control: A Managers Journey, The Internal Audit Handbook, and Financial Crime Investigation and Control, all from Wiley.