Effective Auditing For Corporates: Key Developments in Practice and Procedures (Key Concepts)

In the wake of the recent financial crisis, increasing the effectiveness of auditing has weighed heavily on the minds of those responsible for governance. When a business is profitable and paying healthy dividends to its stockholders, fraudulent activities and accounting irregularities can go unnoticed. However, when revenue and cash flow decline, internal costs and operations may be scrutinized more diligently, and discrepancies can emerge as a result.
"Effective Auditing for Corporates "provides you with proactive advice-to help you safeguard core value within a corporation and to ensure that auditing processes and key personnel meet the expectations of management, compliance, and stockholders alike.
Aimed primarily at auditors (both external and internal), risk managers, accountants, CFOs, and consultants, "Effective Auditing for Corporates "covers:
* Compliance and the corporate audit * Fraud detection * Risk-based auditing * The development of Sarbanes-Oxley * Cultural changes in external auditing * Auditing management information systems

Editor Joe Oringel is a CPA and CIA with 20 years' experience in internal auditing, fraud detection, and forensics, which includes more than 10 years of external audit, internal audit, and risk advisory work with Big Four companies. His corporate experience includes information security and internal auditing for large, global companies in highly regulated industries. In 2006 Oringel and his business partner Kim Jones started Visual Risk IQ, which helps large, complex organizations to take advantage of new technologies for continuous auditing and monitoring, visual reporting, and risk-focused data analysis. Oringel studied at Louisiana State University's acclaimed Center for Internal Auditing, earning a BS in accounting, and he holds a MBA from the Wharton School at the University of Pennsylvania. Other contributors: Monika Causholli, Denise Cicchella, Robert E. Davis, Michael De Martinis, Henning Drager, Robert G. Eccles, Stuart Gardner, David Hay, W. Robert Knechel, Michael P. Krzus, Gilad Livne, Jyothi Manohar, Yusarina Mat-Isa, Zuraidah Mohd-Sanusi, Bonita K. Peterson Kramer, Hugh Pforsich, Helen M. Roybark, Paul J. Sanchez, Curtis C. Verschoor, Liv A. Watson.