Download or read book Evaluation of the Internal Audit Function written by Institute of Internal Auditors and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Professional Practices Framework IPPF written by and published by . This book was released on 2013 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Evaluation of the Internal Audit Function written by Gary Stewart Monroe and published by . This book was released on 1992 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Committees written by Australian Institute of Company Directors and published by AICD. This book was released on 2008 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Role and responsibilities of Audit Subcommittees of Boards. Provides a practical introduction to the role of and responsibilities of the audit committee. Explains the context in which an audit committee typically operates and outlines good practice. Reflects developments in audit committee practice, legislation and gudance from regulatory bodiesand leading global board practices since 2001."--Provided by publisher.
Download or read book External Auditor Evaluation of the Internal Audit Function written by William R. Edge and published by . This book was released on 1987 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Internal Auditing written by Richard Cascarino and published by Juta and Company Ltd. This book was released on 2007-04 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 organisation. Risk management and the role of internal auditing in managing organisational 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.
Download or read book A Multistage Approach to External Auditor s Evaluation of the Internal Audit Function written by Ganesh Krishnamoorthy and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: External auditors are continually facing intense pressure to be more efficient in conducting audits without compromising quality and effectiveness. Optimal utilization of internal audit work can improve both the efficiency and the effectiveness of external audits and can enhance the value of internal auditors to the client organization. The objective of this study is to understand how the three factors (objectivity, work performance, and competence of the internal auditors) identified by auditing standards and by prior research interact in determining the strength of the internal audit function' Most prior studies have attempted to understand external auditors? rank ordering of the importance of the three factors, without an explicit attempt to model the interactions among the factors. The results from these studies are mixed and inconclusive. Hence, prior studies have not produced a consensus about how external auditors seem to weight and combine these factors in order to make assessments relating to the strength of the internal audit function. This study employs analytical methods based on Bayesian probability to model external auditors? evaluation of the internal audit function. Specifically, models based on multistage (cascaded) inference theory are developed and analyzed using numerical sensitivity analysis. The modeling contribution is significant in the sense that it is the only study that provides a theoretical model for the decision process. Results reveal that the importance of the three factors varies with the type of evidence (convergent or conflicting) observed and is contingent on the interrelationships among the three factors. A major conclusion of this study is that in the Bayesian context, it is futile to attempt a ranking of the factors since no single factor will dominate under all conditions. The study also provides avenues for future research and for improving the guidance provided by professional auditing standards that relate to the evaluation of internal audit work.
Download or read book An Analytical Model for External Auditor Evaluation of the Internal Audit Function Using Belief Functions written by Vikram Desai and published by . This book was released on 2006 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary purpose of this paper is to advance research in internal audit (IA) evaluation by developing an IA assessment model that considers interrelationships among specific factors used by external auditors when evaluating the strength of the IA function. The model is built on three factors previously identified by auditing standards and prior academic research: Competence, Work Performance, and Objectivity (SAS 65 1991; Messier and Schneider 1988; Krishnamoorthy 2002). Our model generates an overall judgment concerning the strength of the IA function that can aid the external auditor in assessing the reliability of a client's internal control system. Because evaluating the IA function entails a process of gathering items of evidence pertaining to each IA factor and aggregating the evidence to make an overall judgment, we develop the IA assessment model using a conceptual framework based on the prior literature and develop an analytical expression under the belief function framework. By using this framework, we overcome limitations of prior research regarding the modelling of interrelationships among factors and regarding difficulties in application. The results of our analysis revealed that modelling the quot;Andquot; relationship is essential for assessing the strength of the IA function. As far as interrelationships are concerned, the analysis revealed that when the three factors have a strong or a perfect relationship, the strength of the IA function remains high even if we have positive or negative evidence about one of the factors. This result holds as long as we have high levels of beliefs about the other two factors.
Download or read book The Essential Guide to Internal Auditing written by K. H. Spencer Pickett and published by John Wiley & Sons. This book was released on 2011-03-31 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Second Edition of The Essential Guide to Internal Auditing is a condensed version of the Handbook of Internal Auditing, Third Edition. It shows internal auditors and students in the field how to understand the audit context and how this context fits into the wider corporate agenda. The new context is set firmly within the corporate governance, risk management, and internal control arena. The new edition includes expanded coverage on risk management and is updated throughout to reflect the new IIA standards and current practice advisories. It also includes many helpful models, practical guidance and checklists.
Download or read book The Internal Audit Function written by Illinois. Division of Vocational Rehabilitation and published by . This book was released on 1978 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Internal Auditing written by Andrew D. Chambers and published by Dartmouth Publishing Company. This book was released on 1996 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: Control by management is synonymous with internal control in counterdistinction from external control. Internal auditing is the independent appraisal of the effectiveness of internal control. It is internal not because it is necessarily performed by people who are internal to the business but because it is the review of internal control. Market testing of internal auditing provision leading, possibly, to contracting out of internal auditing is becoming more popular. The impetus for outsourcing internal audit provision has often been the introduction of a mandatory internal auditing requirement into institutions and businesses which are quite small and where management considers a full in-house provision cannot be justified: in the UK this has often been seen to apply to hospitals, universities and local government bodies.
Download or read book An Evaluation of Selected Current Internal Auditing Terms written by James Emanuel Smith and published by Institute of Internal Auditors, Incorporated. This book was released on 1975 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Standards for Internal Control in the Federal Government written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers' Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.
Download or read book A Framework for Evaluating an Internal Audit Function written by Alan S. Glazer and published by Inst of Internal Auditors. This book was released on 1980-01 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Outsourcing the Internal Audit Function written by Saad M. Assiri and published by . This book was released on 1999 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Artificial intelligence and the future of the internal audit function written by Ph Zygoulis and published by GRIN Verlag. This book was released on 2024-09-02 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2024 in the subject Business economics - Revision, Auditing, grade: A, , language: English, abstract: This review work makes significant contributions to both theoretical and practical areas. For theory, it identifies unexplored study areas (research gaps), hence influencing future research orientations and theoretical underpinnings. Furthermore, this review contributes to the development of a theoretical framework (CACS), which will help stakeholders comprehend and conceptualize the use of AI in the IAF and can serve as a foundation for future research. In reality, this study assists internal auditors in assessing and understanding the possible benefits and risks of using AI in their organization's IAF.
Download or read book Mastering Internal Audit Fundamentals A Step by Step Approach written by SALIH AHMED ISLAM and published by SALIH AHMED ISLAM. This book was released on 2022-12-08 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Internal audit is a crucial function in any organisation, as it provides an independent and objective assessment of an organisation's internal controls, processes, and systems. Effective internal auditors possess a wide range of skills and knowledge, including risk assessment, internal control frameworks, data analytics, and communication. "Mastering Internal Audit Fundamentals: A Step by Step Approach" is a comprehensive guide to help aspiring and current internal auditors enhance their skills and knowledge. The book takes a step-by-step approach, starting with the fundamentals and building up to more advanced concepts. The book is written by Salih Ahmed Islam, an experienced internal auditor who have a deep understanding of the challenges and opportunities facing the profession. It provides practical insights and guidance on how to perform effective internal audits, including how to plan and execute audits, develop audit programs, and communicate audit findings. Whether you are new to the profession or a seasoned internal auditor, "Mastering Internal Audit Fundamentals: A Step by Step Approach" is an essential guide to help you succeed in your role. The book is designed to be a valuable resource that you can refer to throughout your career, providing you with the tools and knowledge you need to perform effective internal audits and add value to your organisation.
