Download or read book Risk Based Auditing written by Phil Griffiths and published by CRC Press. This book was released on 2016-04-08 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of internal audit is changing. The Sarbanes-Oxley legislation in the US and the Combined Code for Corporate Governance in the UK focused on the need to demonstrate the active management of risks and report on this subject to shareholders. Boards of Directors are therefore increasingly requiring their Internal Audit functions to provide a much higher level of assurance in this regard. Phil Griffiths' Risk-Based Auditing explains the concepts and practice behind a risk-based approach to auditing. He explores the changing environment in both the private and public sectors and the associated legislation and guidance. The book then provides a blueprint for refocusing the internal audit role to embrace risk and to help plan, market, undertake and report a risk-based audit. The text includes a detailed risk-based audit toolkit with 14 sections of tools, techniques and information to enable a risk-based approach to be adopted. This is an essential guide for internal and external auditors seeking to manage the realities of the audit function in the turbulent and fast-changing business environment that has emerged since the end of the last century.
Download or read book Audit Planning written by K. H. Spencer Pickett and published by John Wiley & Sons. This book was released on 2013-08-12 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: More now than ever before, auditing is in the spotlight; legislators, regulators, and top executives in all types of businesses realize the importance of auditors in the governance and performance equation. Previously routine and formulaic, internal auditing is now high-profile and high-pressure! Being an auditor in today's complex, highly regulated business environment involves more than crunching the numbers and balancing the books-it requires ensuring that appropriate checks and balances are in place to manage risk throughout the organization. Designed to help auditors in any type of business develop the essential understanding, capabilities, and tools needed to prepare credible, defensible audit plans, Audit Planning: A Risk-Based Approach helps auditors plan the audit process so that it makes a dynamic contribution to better governance, robust risk management, and more reliable controls. Invaluable to internal auditors facing new demands in the workplace, this book is also a "hands-on" reference for external auditors, compliance teams, financial controllers, consultants, executives, small business owners, and others charged with reviewing and validating corporate governance, risk management, and controls. The second book in the new Practical Auditor Series, which helps auditors get down to business, Audit Planning: A Risk-Based Approach gives new auditors principles and methodologies they can apply effectively and helps experienced auditors enhance their skills for success in the rapidly changing business world.
Download or read book Auditing A Risk Based Approach written by Karla M Johnstone and published by Cengage Learning. This book was released on 2018-02-06 with total page 960 pages. Available in PDF, EPUB and Kindle. Book excerpt: The audit environment continues to change in dramatic ways, and Johnstone/Gramling/Rittenberg's AUDITING: A RISK BASED-APPROACH, 11E prepares students for that fast-changing world by developing their professional and ethical decision-making skills. AUDITING integrates the latest in standards, including new guidance from the PCAOB on audit reports, fraud risks, emerging topics such as data analytics, and ethical challenges facing today's financial statement auditors within a framework of professional skepticism. Extensively re-written to be more student focused, AUDITING has multiple hands-on opportunities to develop critical-thinking skills with new in-text learning features including What Do You Think? For Classroom Discussion, and Prompts for Critical Thinking: It’s Your Turn!. Finally, unique end-of-chapter Tableau-based problems help students become formidable data-driven decision makers. AUDITING can be paired with MindTap digital resources, which offer an interactive ebook as well as engaging, high-impact cases to teach data-driven decision making skills. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Download or read book The risk based audit approach written by Mathilde Chaumont and published by GRIN Verlag. This book was released on 2013-10-23 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2013 in the subject Business economics - Investment and Finance, grade: Pass, Tongji University, language: English, abstract: The choice of topic “The risk-based audit approach in France” comes from several concerns that arose during the studies of my Master degree. First of all, I majored in finance since my Bachelor’s degree and was able to perform a successful internship for the cabinet Deloitte during my Master degree. This experience not only enabled me to catch a first glimpse at the financial statements of different companies from various sectors, but it also stressed out the necessity to deliver reliable financial information while following strict regulation, both local and international. Secondly, the financial crisis that arose in 2007 has had tremendous impacts on numerous companies worldwide. This economic context led to more risks in the reliability of the companies’ financial statements and emphasized the crucial role the statutory auditor must adopt. Moreover, the high-tech sector representing a fast changing environment, more risks can be attributed to the companies running their business in this segment. While highlighting all these facts, this paper also attempts to solve auditing risks and issues that could arise in a high tech company, by picking a real case.
Download or read book Auditing the Risk Management Process written by K. H. Spencer Pickett and published by John Wiley & Sons. This book was released on 2005-07-29 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk management is a part of mainstream corporate life that touches all aspects of every type of organization. Auditors must focus firmly on risk: risk to the business, the executives, and the stakeholders. Auditing the Risk Management Process incorporates all the latest developments in risk management as it applies to auditors, including the new Committee of Sponsoring Organizations of the Treadway Commission (COSO) enterprise risk paper. Auditing the Risk Management Process includes original risk maps and process models developed by the author, explaining where and how topics fit within an overall audit framework, all the latest developments in risk management as it applies to auditors, and insight into how enterprise risk management affects the responsibilities of both internal and external auditors.
Download or read book Auditing A Risk Based Approach to Conducting a Quality Audit written by Karla M Johnstone-Zehms and published by Cengage Learning. This book was released on 2015-01-12 with total page 960 pages. Available in PDF, EPUB and Kindle. Book excerpt: AUDITING: A RISK-BASED APPROACH TO CONDUCTING QUALITY AUDITS integrates the latest updates, fraud risks and ethical challenges−whether it's the AICPA and IAASB's clarified standards to harmonize auditing standards in the U.S. and abroad, the Committee of Sponsoring Organizations (COSO) of the Treadway Commission's updated Internal Control-Integrated Framework or the AICPA recently issued new audit sampling guidance. New end-of-chapter problems as well as new cases provide valuable hands-on experience while demonstrating the relevance of chapter topics and helping students refine both reasoning and auditing skills. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Download or read book Risk Based Tax Audits written by Munawer Sultan Khwaja and published by World Bank Publications. This book was released on 2011-06-08 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Revenue administration is a major interface between the state and its citizens. A good revenue administration is, therefore, an important attribute of good government. As a result, in recent years, policy makers have become increasingly aware of the importance of policies that will promote business development while ensuring voluntary tax compliance. In the modern context, it is neither desirable nor feasible to examine or inspect every single taxpayer. The revenue administration, therefore, has to rely on effective management of compliance. Promoting voluntary compliance, achieved through a self-assessment system in which taxpayers comply with their tax obligations without intervention from tax officials, requires developing modern approaches to audits based on risk management. The impact of audits critically depends on a properly designed audit selection strategy focused on high-risk taxpayers to provide the most cost-effective outcome. This, in itself, contributes to promoting voluntary compliance. Risk-based country audits: approaches and country experiences are an important study of this critical revenue function of compliance management."--Publisher's website.
Download or read book Risk Management written by David McNamee and published by Institute of Internal Auditors Research Foundation Institute. This book was released on 1998 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Risk Assessment Made Easy written by Charles Hall and published by . This book was released on 2021-08-07 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Teaches auditors how to use risk assessment to plan their engagements.
Download or read book CISA Certified Information Systems Auditor Study Guide written by Hemang Doshi and published by Packt Publishing Ltd. This book was released on 2020-08-21 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: This CISA study guide is for those interested in achieving CISA certification and provides complete coverage of ISACA's latest CISA Review Manual (2019) with practical examples and over 850 exam-oriented practice questions Key Features Book DescriptionAre you looking to prepare for the CISA exam and understand the roles and responsibilities of an information systems (IS) auditor? The CISA - Certified Information Systems Auditor Study Guide is here to help you get started with CISA exam prep. This book covers all the five CISA domains in detail to help you pass the exam. You’ll start by getting up and running with the practical aspects of an information systems audit. The book then shows you how to govern and manage IT, before getting you up to speed with acquiring information systems. As you progress, you’ll gain knowledge of information systems operations and understand how to maintain business resilience, which will help you tackle various real-world business problems. Finally, you’ll be able to assist your organization in effectively protecting and controlling information systems with IT audit standards. By the end of this CISA book, you'll not only have covered the essential concepts and techniques you need to know to pass the CISA certification exam but also have the ability to apply them in the real world.What you will learn Understand the information systems auditing process Get to grips with IT governance and management Gain knowledge of information systems acquisition Assist your organization in protecting and controlling information systems with IT audit standards Understand information systems operations and how to ensure business resilience Evaluate your organization’s security policies, standards, and procedures to meet its objectives Who this book is for This CISA exam study guide is designed for those with a non-technical background who are interested in achieving CISA certification and are currently employed or looking to gain employment in IT audit and security management positions.
Download or read book Risk based Management led Audit driven Safety Management Systems written by Ron C. McKinnon and published by CRC Press. This book was released on 2016-11-25 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk-based, Management-led, Audit-driven, Safety Management Systems, explains what a safety management system (SMS) is, and how it reduces risk in order to prevent accidental losses in an organization. It advocates the integration of safety and health into the day-to-day management of the enterprise as a value, rather than an add-on, and emphasizes that the safety movement must be initiated, led and maintained by management at all levels. The concepts of safety authority, responsibility and accountability are described as the key ingredients to safety system success. Safety system audits are expounded in simple terms, and leading safety performance indicators are suggested as the most important measurements, in preference to lagging indicators. McKinnon highlights the importance of the identification and control of risk as a key basis for a SMS, with examples of a simple risk matrix and daily task risk assessment, as well as a simplified method of assessing, analyzing, and controlling risks. The book refers to international Guidelines on SMS, as well as the proposed International Organization for Standardization (ISO) 45001, which could soon become the international safety benchmark for organizations worldwide. Using clear, approachable examples, the chapters give a complete overview of an SMS and its components. Confirming to most of the safety management system Guidelines published by leading world authorities, this volume will allow organizations to structure their own world-class SMS.
Download or read book Knowledge Based Audits of Health Care Entities written by Michael F. Garczynski and published by CCH. This book was released on 2008-02 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Risks in Commercial and Retail Banking written by Amalendu Ghosh and published by John Wiley & Sons. This book was released on 2012-02-03 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide to the practices and procedures of effectively managing banking risks Managing Risks in Commercial and Retail Banking takes an in-depth, logical look at dealing with all aspects of risk management within the banking sector. It presents complex processes in a simplified way by providing real-life situations and examples. The book examines all dimensions of the risks that banks face—both the financial risks—credit, market, and operational—and the non-financial risks—money laundering, information technology, business strategy, legal, and reputational. Focusing on methods and models for identifying, measuring, monitoring, and controlling risks, it provides practical advice backed up by solid theories, without resorting to the use of complicated mathematical and statistical formulas. Author Amalendu Ghosh exposes topics that are usually absent in books on managing banking risk—such as design of control framework, risk management architecture, credit risk rating, risk-based loan pricing, portfolio analysis, business continuity planning, and corporate governance. Author has extensive experience with a variety of major banks and institutions worldwide and brings a fresh perspective in the wake of the global finance crisis Presents a novel approach using models of the credit risk rating of different types of borrowers, the methodology for assigning weights for deriving the rating, and the scoring process Covers the essentials of corporate governance and options for credit risk assessment in line with the recommendations made in the New Basel Capital Accord Explains the methodology of risk-based internal audit, including techniques to enable bank branches to switch over from the old transaction-based audit methods With its logical sequence of the aspects of risk management, the book's layout is ideal for presentations, making it a handy tool for risk management training
Download or read book Managing Organizational Risk Using the Supplier Audit Program written by Lance B. Coleman, Sr and published by Quality Press. This book was released on 2018-04-06 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk elimination. Risk management. Risk mitigation. These terms are an increasingly important part of the lexicon of executive-level management as they strive to succeed in a business environment having global competition, geographically diverse suppliers, and new technologies. In this new, globally expansive marketplace, more than 50 percent of value creation is achieved outside of an organizations walls, or, in other words, through their suppliers. This, too, is where the majority of product realization risk lies. This book defines what risk-based thinking is and how to apply it from the perspective of helping manage organizational risk through the supplier audit process. It provides a detailed and useful discussion of the practical application of risk-based supplier auditing principles. It can be a primer for those new to the profession of supplier auditing, and it also shares tips and best practices that would benefit experienced auditors as well. The first section explores supplier management, supplier auditing, and the supplier audit process. The second section discusses the skills, both traditional and nontraditional, needed to ensure a successful supplier audit. Relevant aspects of ASQs Certified Quality Auditor (CQA) and Certified Supplier Quality Professional (CSQP) Bodies of Knowledge are discussed in detail. The authors friends and colleagues from around the globe shared their own stories in Case in Point vignettes interspersed throughout the book, providing first-hand case studies from, among others, the medical device, logistics, automotive, and aerospace industries.
Download or read book Digital Science written by Tatiana Antipova and published by Springer Nature. This book was released on 2022-01-17 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers selected papers that were submitted to the 2021 International Conference on Digital Science (DSIC 2021) that aims to make available the discussion and the publication of papers on all aspects of single and multidisciplinary research on conference topics. DSIC 2021 was held on October 15–17, 2021. An important characteristic feature of conference is the short publication time and worldwide distribution. Written by respected researchers, the book covers a range of innovative topics related to: digital economics; digital education; digital engineering; digital environmental sciences; digital finance, business and banking; digital health care, hospitals and rehabilitation; digital media; digital medicine, pharma and public health; digital public administration; digital technology and applied sciences. This book may be used for private and professional non-commercial research and classroom use (e.g., sharing the contribution by mail or in hard copy form with research colleagues for their professional non-commercial research and classroom use); for use in presentations or handouts for any level students, researchers, etc.; for the further development of authors’ scientific career (e.g., by citing, and attaching contributions to job or grant application).
Download or read book A Step By Step Guide How to Perform Risk Based Internal Auditing for Internal Audit Beginners written by RAZLY ZAKARIA and published by eBookIt.com. This book was released on 2014-03-13 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides new internal auditors with step by step guide in performing risk based internal auditing. Summarised in 5 easy-to-follow simple steps, the author shares his experience in performing an effective and comprehensive internal audit exercise. Methodology and complex techniques are available. Not to deny that all these available information is good, but it would be too complicated for internal audit beginners to understand and to apply those information immediately into a guide in their first task. Therefore, this book has been written to provide a simple yet comprehensive guides with examples that can be immediately applied!
Download or read book Auditing that Matters written by Norman Marks and published by Independently Published. This book was released on 2020-06 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the companion Discussion Guide to Auditing that Matters: Case Studies. The intent is for this pair of books to be used by internal auditors as a basis for group or individual discussions around world-class practices. Each individual should have a copy of the Case Studies and the leader of the discussion should have a copy of this Discussion Guide. Many of the principles discussed here can be found in Auditing that Matters.
