Internal Auditing & Information Systems Auditing - Comprehensive Guide to Digital Era- 2e

Internal Auditing & Information Systems Auditing - Comprehensive Guide to Digital Era - 2nd Edition

Internal Auditing & Information Systems Auditing - Comprehensive Guide to Digital Era - 2nd Edition

About the Book

This book aims to provide a strong grounding on background concepts, and essential professional knowledge. It also elucidates practical aspects of conducting an internal audit and managing the audit function – both in-house and out sourced.

Authors have drawn from their academic background to provide lucid explanation of definitions and concepts and explained them with practical examples from their experience. The book is reader centric – it elucidates concepts, processes, techniques in simple language, using tables for easier grasping and practical examples the reader can relate to. Risk and control, the most important concepts for an internal auditor are dealt with extensively from scratch in a practical manner with several examples and practical steps in establishing good control.

An exclusive section on Information Systems audit is added to bridge the knowledge gap commonly on IT risks and audit prevailing among internal auditors. This can be easily followed by readers with only working knowledge of IT. It covers Information System audit in all and its aspects in 22 chapters in simple language.

In order to be effective, Internal Auditors need to keep up to date on IT developments, their uses, draw backs if any, effect on controls and right approach for auditing them. With this in view, apart from other changes, two new chapters have been added in this edition as described below:

1.Enterprise Risk Management (ERM) has become common in Indian companies. To equip the Internal Auditor with the capability to review this area, a new chapter explaining the concept and practices ERM in detail with examples from reputed Indian Companies has been added. A comprehensive audit check list for audit of ERM is also included

2.Another area of importance is the emerging IT applications for businesses; some of these are already in use while others are emerging. A new chapter provides overview of these technologies and their uses in business, together with broad approach for such new technologies.

Aim of this book is to provide comprehensive coverage on concepts, tools & techniques and practical aspects of internal audit in simple language to serve as a text for students as well as reference manual for professionals.