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Audit Defense - A Management Audit Readiness Guide (Hardcover, 1st ed. 2022)
Loot Price: R2,462
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Audit Defense - A Management Audit Readiness Guide (Hardcover, 1st ed. 2022)
Series: Palgrave Studies in Accounting and Finance Practice
Expected to ship within 12 - 17 working days
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Most university undergraduate and graduate audit classes are geared
towards educating prospective auditors but do not provide education
for those who will be audit clients and subjected to audits. Future
audit clients need to be educated as well as future auditors to
ensure that there is a level playing field. Those being audited do
not receive the same level of formal education as internal
auditors- most client education occurs during the audit itself. The
client, once subjected to an audit and faced with the consequences
of a failed audit, will learn via trial and error. If left
unprepared, managers can suffer financial losses and promotional
setbacks; the preparation and education that is needed to be audit
ready is lacking. Of interest to accounting, finance or business
students and entry-level practitioners, this book provides the
audit education and preparation that has been missing. It shows how
to interface with auditors, helping to identify issues, exposures
and risks, and adequately position current and future managers to
achieve successful audits. The book also provides mock audit
simulation exercises to further prepare prospective audit clients.
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