Implementing and Auditing the Internal Control System

✍ Scribed by Dimitris N. Chorafas (auth.)

• Publisher: Palgrave Macmillan UK
• Year: 2001
• Tongue: English
• Leaves: 384
• Category: Library

✦ Table of Contents

Front Matter....Pages i-xxiii
Front Matter....Pages 1-1
The Role of Auditing in an Organization....Pages 3-27
What is Meant by ‘Internal Control’?....Pages 28-53
Internal Control and the Globalization of Financial Markets....Pages 54-82
New Standards for Auditing Internal Control and the Use of Risk-Based Audits....Pages 83-104
A Methodology for Auditing the Internal Control System....Pages 105-129
Front Matter....Pages 131-131
Senior Management Responsibilities for Internal Control....Pages 133-158
Internal Control Implementation Must Focus on Core Functions....Pages 159-184
Establishing an Efficient Internal Control Structure....Pages 185-209
Front Matter....Pages 211-211
Applying Internal Control to Our Institution’s Limits System....Pages 213-234
Auditing Counterparty Limits and Trading Limits....Pages 235-261
An Internal Control System for Engineering Design, Product Development, and Quality Assurance....Pages 262-288
Services Provided by Information Technology to the Auditing of Internal Controls....Pages 289-313
The Contribution of External Auditors to the Internal Control System....Pages 314-336
Back Matter....Pages 337-365

✦ Subjects

Financial Accounting; Business Finance; Macroeconomics/Monetary Economics//Financial Economics; Accounting/Auditing; Management