Chapter 1: Introduction.
Accounting and Auditing Scandals and Internal Audit.
What Are the New Rules?
Who Will Find this Book Useful?
Chapter 2: Internal Audit and the Sarbanes-Oxley Act.
“Where Were the Auditors?” Standards Failure.
Sarbanes-Oxley Overview: Key Internal Audit Concerns.
Impact of the Sarbanes-Oxley Act on the Modern Internal Auditor.
Chapter 3: Heightened Responsibilities for Audit Committees.
Audit Committee Charters and Other Requirements.
Board’s “Financial Expert” and Internal Audit.
Helping to Establish Documentation Procedures.
Controlling Other Audit Services.
Establishing Open Communications.
Chapter 4: Launching an Ethics and Whistleblower Program.
Launching an Organization Ethics Program.
Establishing a Mission or Values Statement.
Codes of Conduct.
Whistleblower and Hotline Functions.
Auditing the Organization’s Ethics Functions.
Chapter 5: COSO, S ection 404, and Control Self-Assessments.
SOA Section 404.
COSO Internal Control Framework.
Violation Penalties: Organizational Sentencing Guidelines.
Chapter 6: IIA, CobiT, and Other Professional Internal Audit Standards.
Institute of Internal Auditors Standards for Professional Practice.
CobiT and Information Technology Governance.
ASQ Audit Standards: A Different Approach.
Chapter 7: Disaster Recovery and Continuity Planning after 9/11.
Business Continuity Planning and the New Language of Recovery Planning.
Continuity Planning and Service-Level Agreements.
New Technologies: Critical Data Mirroring Techniques.
Establishing Effective Contingency Policies: What Are We Protecting?
Building the Disaster Planning Business Continuity Plan.
Testing, Maintaining, and Auditing the Continuity Plan.
Continuity Planning Going Forward.
Chapter 8: Internal Audit Fraud Detection and Prevention.
Red Flags: Fraud Detection for Auditors.
Public Accounting’s New Role in Fraud Detection.
IIA Standards for Detecting and Investigating Fraud.
Fraud Investigations for Internal Auditors.
Information Systems Fraud Prevention Processes.
Chapter 9: Enterprise Risk Management, Privacy, and Other Legislative Initiatives.
Enterprise Risk Management.
Concurrent with SOA: Other Legislation Impacting Internal Auditors.
Chapter 10: Rules and Procedures for Internal Auditors Worldwide.
SOA International Requirements.
International Accounting and Auditing Standards.
COSO Worldwide: International Internal Control Frameworks.
ISO and the Standards Registration Process.
ITIL Service Support and Service Delivery Best Practices.
Chapter 11: Continuous Assurance Auditing Future Directions.
Implementing Continuous Assurance Auditing.
Internet-Based Extensible Mark-Up Languages: XBRL.
Data Warehouses, Data Mining, and OLAP.
Newer Technologies, the Continuous Close, and SOA.
Chapter 12: Summary: Internal Auditing Going Forward.
Future Prospects for Internal Auditors.