"Internal Control Audit and Compliance provides complete guidance toward the latest framework established by the Committee of Sponsoring Organizations (COSO). With clear explanations and expert advice on implementation, this helpful guide shows auditors and accounting managers how to document and test internal controls over financial reporting with detailed sections covering each element of the framework. Each section highlights the latest changes and new points of emphasis, with explicit definitions of internal controls and how they should be assessed and tested. Coverage includes easing the transition from older guidelines, with step-by-step instructions for implementing the new changes. The new framework identifies seventeen new principles, each of which are explained in detail to help readers understand the new and emerging best practices for efficiency and effectiveness."-- Provided by publisher.
Bibliography, etc. Note
Includes bibliographical references and index.
Formatted Contents Note
What we all share Setting the scope of your documentation project: identifying the core The risk assessment component Control environment Control activities Information and communication Monitoring Evidence and testing Developing questionnaires and conducting interviews Assessing the severity of identified controls deficiencies Reporting requirements Project management and tools assessment design Illustrative forms and templates Summing up.
Digital File Characteristics
Source of Description
Print version record and CIP data provided by publisher.
Available in Other Form
Print version: Graham, Lynford. Internal control audit and compliance. Hoboken, New Jersey : John Wiley & Sons, Inc.,