The Internal Auditing Handbook
Chapter One
INTRODUCTION
Introduction
The second edition of the Internal Auditing Handbook reflects the significant changes in the field
of internal auditing over the last few years. Since 1997 there have been many developments
that impact the very heart of the audit role. There really are 'new look' internal auditors who
carry the weight of a heightened expectation from society on their shoulders. Auditors no longer
spend their time looking down at detailed working schedules in cramped offices before preparing
a comprehensive report on low-level problems that they have found for junior operational
managers. They now spend much more time presenting 'big picture' assurances to top executives
after having considered high-level risks that need to be managed properly. Moreover, the internal
auditor also works with and alongside busy managers to help them understand the task of
identifying and managing risks to their operations. At the same time the internal auditor has to
retain a degree of independence so a ... read full excerpt from The Internal Auditing Handbook, 2nd Edition ebook
