Internal Control Audit and Compliance PDF ePub eBook

Books Info:

Internal Control Audit and Compliance free pdf Ease the transition to the new COSO framework with practical strategy 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. The revised COSO framework includes financial and non-financial reporting, as well as both internal and external reporting objectives. It is essential for auditors and controllers to understand the new framework and how to document and test under the new guidance. This book clarifies complex codification and provides an effective strategy for a more rapid transition. * Understand the new COSO internal controls framework * Document and test internal controls to strengthen business processes * Learn how requirements differ for public and non-public companies * Incorporate improved risk management into the new framework The new framework is COSO's first complete revision since the release of the initial framework in 1992. Companies have become accustomed to the old guidelines, and the necessary procedures have become routine making the transition to align with the new framework akin to steering an ocean liner. Internal Control Audit and Compliance helps ease that transition, with clear explanation and practical implementation guidance.

About Lynford Graham

LYNFORD GRAHAM, CPA, has more than 30 years of public accounting experience in audit practice and in various national firm policy development groups. He is a visiting professor of accountancy and executive-in-residence at Bentley University, Waltham, MA. He currently maintains an active consultancy practice in statistical audit sampling, litigation support, and audit methodologies, and develops numerous training seminars for conferences and firms.


Details Book

Author : Lynford Graham
Publisher : John Wiley
Data Published : 20 March 2015
ISBN : 1118996216
EAN : 9781118996218
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 416 pages
Age + : 15 years
Language : English
Rating :

Reviews Internal Control Audit and Compliance



17 Comments Add a comment




Related eBooks Download


  • Leading the Internal Audit Function free pdfLeading the Internal Audit Function

    While the Institute of Internal Auditors (IIA) has provided standards and guidelines for the practice of internal audit through the International Professional Practice Framework (IPPF)..


  • Leading the Internal Audit Function free pdfLeading the Internal Audit Function

    While the Institute of Internal Auditors (IIA) has provided standards and guidelines for the practice of internal audit through the International Professional Practice Framework (IPPF)..


  • Primary Mathematics and the Developing Professional free pdfPrimary Mathematics and the Developing Professional

    This book develops a framework for discussing primary school teachers making changes to their understandings and practices. The framework has been developed to allow the complexity of external and internal aspects of change processes to be explored in a holistic way..


  • From Immigration Controls to Welfare Controls free pdfFrom Immigration Controls to Welfare Controls

    This edited collection addresses theoretical. political and practical aspects of the connection between external immigration controls and internal welfare controls. It considers the implications for the both those subject to controls and those drawn into the web of implementing internal welfare controls..


  • From Immigration Controls to Welfare Controls free pdfFrom Immigration Controls to Welfare Controls

    This edited collection addresses theoretical. political and practical aspects of the connection between external immigration controls and internal welfare controls. It considers the implications for the both those subject to controls and those drawn into the web of implementing internal welfare controls..


  • Internal Control Audit and Compliance free pdfInternal Control Audit and Compliance

    Download ePub Ebook. Ease the transition to the new COSO framework with practical strategy Internal Control Audit and Compliance provides complete guidance toward the latest framework established by t