Lean auditing driving added value and efficiency in internal audit

✍ Scribed by Paterson, James C

• Publisher: John Wiley & Sons, Ltd
• Year: 2015
• Tongue: English
• Leaves: 330
• Edition: First edition
• Category: Library

✦ Synopsis

In today's world of financial constraints, increased regulations, and a focus on corporate governance, internal audit departments are under pressure to get the most from limited resources. However, there is a tendency for audits to get bogged down in detail, reducing productivity and restricting the organization it serves. Lean Auditing offers board members, senior managers, finance professionals and internal auditors a resource that clearly demonstrates the use of lean principles and techniques to both inspire and support internal audit to better understand what it means to add value, and to drive out unproductive activities. Lean Auditing outlines a selection of essential lean tools and techniques that have proven their worth in terms of driving greater effectiveness and efficiency. --

✦ Table of Contents

Foreword ix Introduction xi Part 1 Lean And Lean Auditing In Overview 1 1 Lean Auditing at AstraZeneca 3 2 A Brief History of Lean, Notable Principles and the Approach Taken by this Book 5 3 Key Lean Tools & Techniques 11 4 The Development of Lean Auditing and Its Benefits 19 5 The Wider Benefits of a Lean Audit Approach and How to Use This Book 23 Part 2 Looking At Internal Audit Planning And Assignment Delivery 31 6 Who Are the Customers of Internal Audit? 33 7 What Really Adds Value And What Doesn t 45 8 The Importance of Role Clarity in Assurance and the Insights Lean Can Offer 59 9 The Audit Plan: Taking a Value Approach 77 10 Factoring in Risk Assurance in the Audit Plan 95 11 Considering the Allocation of Resources to Optimize Value Add 107 12 Assignments Types, Scheduling and Resourcing 121 13 Using Assignment Scoping and Planning to Drive Added Value 133 14 Assignment Delivery Managing What Really Goes On 149 15 Using Communication and Quality Standards to Maximize the Added Value from Assignments 175 16 Assignment Follow-Up and Follow On 205 Part 3 Looking At Key Underpinning Capabilities, Processes And Ways Of Working 213 17 Measuring Performance and Driving Improvements in Audit Ways of Working 215 18 Using Lean Audit Principles to Underpin Cultural Change in the Wider Organization 227 19 Leading the Audit Function 241 20 The Audit Function: Selection, Training & Development and Ways of Working 257 Part 4 FINAL REFLECTIONS 279 21 Further Thoughts about Where and How to Start the Journey Towards Lean Progressive Auditing 281 22 A Brief Look into the Future 285 Other Recommended Reading 289 Appendix Illustrative Kano Analysis Regarding Internal Audit 291 Closing Dedication & Thanks 295 Index 297

✦ Subjects

Auditing;Auditing, Internal;Vérification interne;Livres électroniques;Vérification interne