Internal Audit Quality (eBook)

Developing a Quality Assurance and Improvement Program

Sally-Anne Pitt (Autor)

eBook Download: EPUB

2014 | 1. Auflage
400 Seiten
John Wiley & Sons (Verlag)
978-1-118-71549-9 (ISBN)

Infos

Deliver increased value by embedding quality into internal audit
activities

Internal Audit Quality: Developing a Quality Assurance and
Improvement Program is a comprehensive and authoritative guide
to better practice internal auditing. Written by a global expert in
audit quality, this guide is the first to provide complete coverage
of the elements that comprise an effective internal audit quality
assurance and improvement program. Readers will find practical
solutions for monitoring and measuring internal audit performance
drawn from The IIA's International Standards for the Professional
Practice of Internal Auditing, and complemented by advice and case
studies from leading audit practitioners from five different
continents.

Major corporate and financial collapses over the past decade
have challenged the value of internal audit. With an increased
focus on internal audit's role in good governance, management is
increasingly demanding that internal audit provides assurance of
the quality of its own activities. The IIA standards provide a
framework for audit quality in the form of mandatory guidance .
Recent research indicates that the majority of internal audit
functions do not fully comply with the standards and, as a result,
are not servicing the needs of their organizations as well as they
might. Internal Audit Quality offers a roadmap to internal
audit quality, providing readers the guidance they need to:

* Embed quality into all elements of internal audit from
strategic and operational planning down to day-to-day tasks

* Create well-defined internal audit programs and procedures

* Independently self-assess internal audit quality and
performance

* Conform with the IIA standards and better practice

* Provide assurance over internal audit efficiency and
effectiveness

* Deliver value by meeting stakeholder expectations

As a key component of good governance, internal audit is on the
rise. The days of retrospective, compliance-focused auditing is a
thing of the past. Organizations expect more of internal audit, and
many internal audit activities are accepting the challenge. Rather
than relying on audit supervision and external assessments, modern
auditors are embedding quality into audit activities to create
effective programs. For the auditor looking to distinguish
themselves as leading edge, Internal Audit Quality provides
the guidance that enables the right work, at the right time, in the
right way.

Autor

SALLY-ANNE PITT is recognized as a global expert in audit quality. She is the Managing Partner of Pitt Group, a consulting firm specializing in assurance and evaluation services, where her key audit clients include major Australian government departments. Between 2008 and 2012, Sally-Anne oversaw the external quality assessment program for the Institute of Internal Auditors-Australia, and she helped author the IIA's 2012 Practice Guide: Quality Assurance and Improvement Program. Sally-Anne has under-taken in excess of 60 external quality assessments of Australian and global orga-nizations from the public, financial, mining, telecommunications, and not-for-profit sectors.

Produkt-Details

• Erscheint lt. Verlag: 8.9.2014
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen
• Schlagworte: Accounting • Auditing / Internal • Interne Revision • Rechnungswesen • Revision (Wirtsch.)
• ISBN-10: 1-118-71549-7 / 1118715497
• ISBN-13: 978-1-118-71549-9 / 9781118715499