Financial Planning and Budgets: Understanding the Auditing Process - eBook

NEW!! From The IIA Research Foundation    

Financial Planning and Budgets is a comprehensive reference guide designed to help experienced audit managers and internal auditors to plan, organize, perform, and report on the financial planning and budgeting processes.

This book discusses identifying key risks in the external or internal business environment of an organization and how they should be mitigated, avoided, or controlled. 

The authors outline: 

•       Audit fundamentals
•       Guidance, laws, and regulations
•       Approval processes
•       Top-down and bottom-up processes
•       Monitoring the financial planning and budgeting processes
•       Relationship to incentive programs
•       Technology 

In each section of the book, the overall process is explained. There is also discussion regarding the risks involved, internal control procedures, and test steps. 

The book includes an audit checklist and useful information such as web addresses. There is also an online toolkit useful for checking or updating existing audit programs. The toolkit can be quickly and easily downloaded online.

Readers can refer to this book and configure their programs according to their specific needs by:

•       Industry
•       External environmental
•       Company internal organization
•       Guidelines
•       Control environment 

Also available in Paperback

Also available as a Downloadable PDF