Description
Book SynopsisThis book offers a comprehensive, up-to-date presentation of the tasks and challenges facing internal audit. It presents the Audit Roadmap, the process model of internal auditing developed at SAP® which describes all stages of an audit. Coverage provides information on issues such as the identification of audit fields, the annual audit planning, the organization and execution of audits as well as reporting and follow-up. The handbook also discusses management-related subjects. Separate chapters are dedicated to special topics like IT or SOX audits.
Table of ContentsConceptual Basis of Internal Audit: Nature and Content of Audits.- Internal Audit: Meeting Today's Needs.- Framework of Internal Audit at SAP.- Organizational Structure of GIAS.- Fundamental Principles of the GIAS Approach.- Audit Methods.- Other Services.- The SAP®-Audit Roadmap as a Working Basis for Internal Audit: General Introduction.-Planning.- Preparation.- Execution.- Reporting.- Follow-Up Phase.- Special Audit Roadmaps.- Examples from Audit Practice at SAP: Introduction.- Audit Basics.- Selected Financial Audit Topics.- Selected Operational Audit Topics.- Combined Audit Topics.- Business Review.- Global Audits.- SOX Audits.- Revenue Recognition Assurance.- IT Audits.- Special Topics and Supplementary Discussion: Documentation in Internal Audit.- Cooperation.- Annual Risk-Based Audit Planning.- IT Environment of Internal Audit.- Quality Assurance for Internal Audit.- Escalation Procedure.- Performance Measurement System.- Integrated Cost Management (Cost of Internal Audits).- Peer Review.- Guest Auditors.- Management of Internal Audit.- Marketing of Internal Audit.- Fraud Prevention.- Services Provided by Internal Audit Relating to the Sarbanes-Oxley Act.
