The Manager and the Internal Auditor: Partners for Profit

Managers need auditors. There are more risks in running an organization than ever before — whether it be in the public, private or non–profit sector. With the break–up of the state sector, the ambiguous intermediary role of ‘not for profit’ organizations, and turbulence in the marketplace through mergers, acquisitions and divestments, the seeds are sown for chaos and a culture in which fraud can flourish. Notorious corporate collapses such as BCCI, Maxwell Communications Corporation and Barings are cases in point. An updated and revised version of the auditing classic The Manager and The Modern Internal Auditor, first published in 1979, this new book highlights the necessity of establishing internal control in organizations and illustrates how internal audit can be a highly effective means to avoid corporate disaster. The authors present a proven formula for organizational success through the joint workings of managers and internal auditors as partners for profit, growth and sustainability. They examine the latest insights into the needs and nature of managerial activity and explain the complementary contribution that internal audit can make. Whether the manager is planning and budgeting, organizing, directing, controlling or formulating strategic policy, the internal auditor’s assistance is shown to be invaluable.

Spis treści:
TRENDS IN INTERNAL AUDITING AND PROFESSIONAL MANAGEMENT.
Meeting a Management Need.
The Internal Auditor: Management Assistant.
The Development of Modern Internal Auditing.
Classical Management Theory––Links with Modern Internal Auditing.
Management, Managers and Internal Auditors.
Managing Chaos––The Art of the Impossible?
Patterns of Behavior.
THE SKILLS OF MANAGEMENT.
Decision Making.
Communications.
Measurement and Evaluation.
Scientific Methods.
THE PROCESS OF MANAGEMENT.
Planning and Budgeting.
Organizing.
Direct ing.
Controlling.
Appendices.

Nota biograficzna:
Lawrence B. Sawyer, widely known as one of the most articulate authorities on internal auditing, has written several books and many articles on the subject and is four–time winner of the Thurston Award for best overall article, the most the award has ever been made to one individual. He was awarded the Cadmus Award, the Institute of Internal Auditors′ most prestigious award for outstanding contributions to the profession. Gerald Vinten is currently President of the Institute of Internal Auditors in the UK and Ireland and holds the position of Professor of Business Policy at the University of Luton. He edits the Managerial Auditing, Journal, and in 1995 was presented with the Leon R. Radde Internal Audit Educator of the Year Award.

Okładka tylna:
Managers need auditors. There are more risks in running an organization than ever before — whether it be in the public, private or non–profit sector. With the break–up of the state sector, the ambiguous intermediary role of ‘not for profit’ organizations, and turbulence in the marketplace through mergers, acquisitions and divestments, the seeds are sown for chaos and a culture in which fraud can flourish. Notorious corporate collapses such as BCCI, Maxwell Communications Corporation and Barings are cases in point. An updated and revised version of the auditing classic The Manager and The Modern Internal Auditor, first published in 1979, this new book highlights the necessity of establishing internal control in organizations and illustrates how internal audit can be a highly effective means to avoid corporate disaster. The authors present a proven formula for organizational success through the joint workings of managers and internal auditors as partners for profit, growth and sustainability. They examine the latest insights into the needs and nature of managerial activity and explain the compleme ntary contribution that internal audit can make. Whether the manager is planning and budgeting, organizing, directing, controlling or formulating strategic policy, the internal auditor’s assistance is shown to be invaluable.