Managing The Audit Function: A Corporate Audit Department Procedures Guide

Managing the Audit Function: A Corporate Audit Department Procedures Guide

Praise for Managing the Audit Function"The corporate governance issues, accounting irregularities, andlegislative actions that have taken place over the past two yearshave elevated the role and importance of the internal auditfunction. Managing the Audit Function provides a valuable guide andreference tool for those charged with either executing oroverseeing this function."-- Daniel S. Kaplan, Business Risk Services PartnerErnst & Young LLP"It was refreshing to read Internal Audit literature with theappropriate focus on information systems and information systemsauditing, since computer systems play such a key role in theprocessing of accounting transactions and the performance ofbusiness operations in today's business environment."-- William J. Powers, Partner, National DirectorInformation Systems Assurance ServicesBDO Seidman, LLP"Cangemi and Singleton have created a knowledge management tool forthe creation of quality audit manuals and functions. Managing theAudit Function is an important book for all audit managers, andwith the addition of new and updated material, includinginformation on the implications and requirements of theSarbanes-Oxley Act, it provides the information to keep pace withchanging conditions affecting the audit function."-- Robert S. Roussey, Professor of AccountingLeventhal School of Accounting, University of SouthernCaliforniaInternational President, Information Systems Audit and ControlAssociation" This is basically a procedures manual for an internal auditingdepartment that has been prepared by two of the world's mostknowledgeable IT auditors. The book is a handy tool becauseexamples are given throughout of relevant audit documents, such asaudit reports, responses to reports, responses to delinquentresponses, matrices, checklists, and flowcharts. Every auditdepartment should have this book as a reference manual."-- Dale L. Flesher, PhD, CPA, CMA, CIA, CFE, CGFMProfessor of Accountancy and Associate DeanUniversity of Mississippi