The Essential Guide to Internal Auditing [Paperback]

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.List of Abbreviations.

1 Introduction.

Introduction.

1.1 Reasoning behind the Book.

1.2 The IIA Standards and Links to the Book.

1.3 How to Navigate around the Book.

1.4 The Essential Guide as a Development Tool.

1.5 The Development of Internal Auditing.

Summary and Conclusions.

Endnotes.

2 Corporate Governance Perspectives.

Introduction.

2.1 The Agency Model.

2.2 Corporate Ethics and Accountability.

2.3 International Scandals and Their Impact.

2.4 Models of Corporate Governance.

2.5 The Institute of Internal Auditors.

2.6 The External Audit.

2.7 The Audit Committee.

2.8 Internal Audit.

2.9 The Link to Risk Management and Internal Control.

2.10 Reporting on Governance, Risk and Internal Controls.

2.11 New Developments.

Summary and Conclusions.

Endnotes.

3 Managing Risk.

Introduction.