This uniquely accessible, breakthrough book lets auditors grasp the thinking behind the mathematical approach to risk without doing the mathematics. Risk control expert and former Big 4 auditor, Matthew Leitch, takes the reader gently but quickly through the key concepts, explaining mistakes organizations often make and how auditors can find them. Spend a few minutes every day reading this conveniently pocket sized book and you will soon transform your understanding of this highly topical area and be in demand for interesting reviews with risk at their heart. "I was really excited by this book - and I am not a mathematician. With my basic understanding of business statistics and business risk management I was able to follow the arguments easily and pick up the jargon of a discipline akin to my own but not my own." Dr Sarah Blackburn, President at the Institute of Internal Auditors - UK and Ireland
Matthew Leitch (Epsom, UK) is an author on a mission to make risk control easier, more natural, and much more valuable. His insightful, readable books are at the leading edge of thinking and practice in internal control and risk management. He frequently carries out original research on topical questions, such as how our use of words affects the way we think about uncertainty, and what expertise auditors need. He is a qualified chartered accountant and holds a BSc in psychology from University College London. He is author of Intelligent Internal Control and Risk Management, and runs the website, www.internalcontrolsdesign.co.uk. He speaks at numerous risk and audit conferences for organizations including the IIA and IIR.