The most comprehensive guide to internal audit available, this book is a must-have for internal audit departments, an ideal resource for external advisers and essential reading for those studying internal audit.

Internal Audit is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations, detect risks and minimise their impact on an organisation. Using this book, internal auditors can be confident in helping their organisation accomplish its objectives through a systematic, disciplined approach to risk management, control and governance processes.

Internal Auditor's Handbook covers the theory, methods and practice of internal auditing, and includes chapters on specialist areas such as IT and environmental auditing. As well as looking at the complete process – from planning to report writing and beyond – this title examines the principles and purpose of the internal audit, taking in independence, objectivity and quality assurance.

Why Internal Auditor's Handbook Second Edition is essential:

The second edition of Internal Auditor's Handbook is vastly expanded and includes the very latest Institute of Internal Auditors Standards. This update also takes account of the trend towards risk-based internal auditing: whilst boards expect internal audit to assure the adequacy of internal control systems, they are increasingly asking the internal audit team to focus on the most important, relevant issues to the business. Internal auditor, now more than ever, has to juggle risk and control with the need to be pragmatic and efficient.

Key benefits of Internal Auditor's Handbook Second Edition:

• The internal audit is a fundamental and absolutely central part of any organisation’s compliance and risk management strategy. Internal Auditor's Handbook ensures you benefit from worked examples
• This update aids ISO training and includes the fully revised IIA standards as implemented in January 2009
• Andrew Chambers, a leading expert on internal audit and governance uses a practical approach which follows the Institute of Internal Auditors’ Standards structure