This handbook helps auditors evaluate, measure, and check internal management and financial procedures and systems to increase efficiency and prevent fraud. Reflecting the variety of business situations that auditors face, it encourages them to develop creative approaches for dealing with the problems encountered during the operational audit review. This new edition is fully updated to take account of developments in internal control and corporate governance under Sarbanes-Oxley, and in audit processes particular to financial institutions in light of the credit crunch. It also contains new and updated case studies and checklists.
Andrew Chambers is Professor of Internal Auditing at LondonSouth Bank University and Professor Emeritus of Cass BusinessSchool, London. He runs Management Audit LLP specializing inauditing and corporate governance work, and is a member of theinternational Internal Audit Standards Board. Graham Rand specializes in IT auditing, risk managementand operational review. His career, in the UK and overseas, hasfeatured involvement in a range of organizations, principally inthe electrical retail, financial services and public sectors. Muchof his current consultancy is on Information Management, RecordsManagement, IT Security and providing support on the development ofRisk Management and Information Security environments.