Beyond Audit: Auditing Remotely and Delivering Value

ISBN-13: 9781119789604 / Angielski / Twarda / 2021 / 256 str.

Robert L. Mainardi

Spis treści

Preface xiAcknowledgments xvAbout the Author xviiChapter 1: What Happened 1Audit Execution Challenges 2Understanding Your Role 5Critical Meeting Keys 7Chapter 2: Understanding the Remote Approach 11Traditional versus Remote Audit 11Recognizing the Challenges 14Responsibility Assignments 18Communicating Critical Information 19Audit Planning 22Audit Fieldwork 24Audit Reporting 25Audit Wrap-Up 26Chapter 3: Marketing the Internal Audit Department 29Creating Your Audit Brand 29Defining Internal Audit 30Internal Audit's Three Pillars 32Explaining the Audit Phases 34Dispelling the Myths 38Chapter 4: Building an Effective Audit Team 41Beyond Audit Learning Map 42Skills Focus in the Remote Environment 44Remote Business Partner Meetings 49Agendas Drive the Meeting 50Audit Status Memos 53Remote Auditor Skills Profile 54Beyond Audit Development Plan 59Chapter 5: The Methodology - Objective Recognition 61Improving the Audit Process 61Beyond Audit - ORC Model 62Identifying the Business Objective 66Business Objective Identification Challenge 69Business Objective Identification in a Remote Audit 70Business Process Risks 73Business Process Controls 75Completing the Audit Planning 77Chapter 6: Audit Fieldwork 79Fieldwork Communication 82Fieldwork Responsibilities 84Workpaper Requirements 85Beyond Audit - Baseline Workpaper Components 86Sufficient Evidence 91Workpaper Self-Review and Keys 93Beyond Audit - Top 10 Keys to Managing Fieldwork 93Chapter 7: The Methodology - Partner Results 101Communicating Audit Results 101Understanding the Audit Report Phase 102Audit Report Foundation 104Beyond Audit - Issue Discussion Keys 105Audit Reporting throughout an Audit 106Effective Internal Audit Report Components 107Audit Report Challenges 119Chapter 8: Internal Audit Value 121Defining Real Action 122Steps in Creating an Action Plan 125Action Plan Adoption Process 130CA Methodology Overview 132Action Plan Tracking 137Chapter 9: Internal Audit Dashboards 141Dashboard Defined 142Beyond Audit - DDIO Methodology 144Audit Dashboard Functions 154Audit Dashboard - Lessons Learned 159Chapter 10: Communication Focus 161Understanding the Communication Model 162Message Delivery 165The Value of Listening 168Beyond Audit Advisor Approach 169Internal Audit Relationships 173Beyond Audit - Internal Audit Marketing 178Beyond Audit - Meeting Facilitation Keys 179Chapter 11: Analyzing Internal Audit 181Beyond Audit - ARB Methodology 182ARB Conclusion 197Chapter 12: How Good is Audit? 199Introducing the Top Ten 200Creating an Action Plan 220Chapter 13: Focused on Learning 221Remote Learning 222Index 227

O autorze

ROBERT L. MAINARDI is the Founder of Beyond Audit (formally Mainardi & Associates), a firm that develops, facilitates, and administers custom training programs in auditing and risk. He was formerly a Vice President with Penn Mutual Life Insurance where he managed audit operations, staff, and business relationships for the life, brokerage, investment, and trust and mutual fund businesses.