Bruce R. Turner
An independent audit committee is fundamental to good governance, but there is not a one-size-fits-all solution. The precise structure and objectives of audit committees across the world are influenced by the nature of the business, the regulatory environment, ownership structure, and legal requirements.
The role of team leaders is being reshaped at a relatively rapid pace to accommodate the recognition of chief audit executives (CAEs) as trusted advisors within the C-suite. This book helps them transition to a higher level by providing practical, meaningful ideas to optimize internal audit’s value proposition through attuned, balanced, and credible day-to-day audit engagement activities.
This is a guide for new auditors that covers all the basics: from value proposition of internal audit to governance, risk, and compliance (GRC), the International Professional Practices Framework (IPPF), and how to conduct an audit. There is also guidance for experienced auditors who can reflect on what they should be doing.