Brink's Modern Internal Auditing (eBook)

Robert R. Moeller has over 25 years experience in internal auditing, raging from launching new internal audit functions in several companies providing internal audit consulting and serving as audit director for a Fortune 50 corporation. Moeller has an MBA in finance from the University of Chicago and an undergraduate degree in engineering; he has accumulated a wide range of professional certifications including the CPA, CISA, PMP, and CISSP. He was appointed the national director of information systems auditing for the major public accounting firm of Grant Thornton. There he developed firmwide audit procedures and directly managed information systems audits, and assumed responsibility for their Chicago office information systems consulting practice. In 1989, Moeller was recruited to build and organize the first corporate information systems audit function for Sears Roebuck, an organization that then consisted of AllState Insurance, Dean Witter, and Discover Card, as well as the Sears retail operations. He went on to become their audit director, initiating numerous new practices. He has been active professionally in both the Institute of Internal Auditors and the AICPA. He was president of the IIA's Chicago chapter, served on its International Advanced Technology Committee, and was chair of the AICPA's Computer Audit Subcommittee. In 1996, Moeller launched his own corporation, Compliance and Control Systems Associates, Inc., and presented seminars on internal controls and corporate governance throughout the United States. he was then talking about Sarbanes-Oxley issues well before the Act. He has helped launch a new consulting practice for EMC Corporations, has worked as a consultant and project manager, specializing in the telecommunications industry, and managed a cellular telephone financial system project on a worldwide basis. More recently, he has led in a series of Sarbanes-Oxley Section 404 projects in manufacturing, finance, and other industries. He continues to stay well-connected with the overall profession of internal auditing. Robert Moeller lives with his wife, Lois, in the Chicago area. They enjoy sailing on Lake Michigan in the summer, skiing in Colorado and Utah, and participating in Chicago's theatre, opera, and music scene.

Preface.

PART ONE: FOUNDATIONS OF INTERNAL AUDITING.

Chapter One. Foundations of Internal Auditing.

Chapter Two. Management Needs: Internal Audit's Operational
Approach.

Chapter Three. Internal Audit in the 21st Century:
Sarbanes-Oxley and Beyond.

PART TWO: IMPORTANCE OF INTERNAL CONTROLS.

Chapter Four. Internal Controls Fundamentals: COSO
Framework.

Chapter Five. Understanding and Assessing Risks: Enterprise Risk
Management.

Chapter Six. Evaluating Internal Controls: Section 404
Assessments.

Chapter Seven. Internal Controls Frameworks Worldwide: CobiT and
Others.

PART THREE: INTERNAL AUDIT AND CORPORATE GOVERNANCE.

Chapter Eight. Internal Audit and the Board Audit Committee.

Chapter Nine. Whistleblower Programs and Codes of Conduct.

Chapter Ten. Working With External Auditors.

Chapter Eleven. Fraud Detection and Prevention.

PART FOUR: ADMINISTERING INTERNAL AUDIT ACTIVITIES.

Chapter Twelve. Internal Audit Professional Standards.

Chapter Thirteen. Internal Audit Organization and Planning.

Chapter Fourteen. Directing and Performing Internal Audits.

Chapter Fifteen. Workpapers: Documenting Internal Audit
Activities.

Chapter Sixteen. Gathering Evidence Through Audit Sampling.

Chapter Seventeen. Audit Reports and Internal Audit
Communications.

PART FIVE: IMPACT OF INFORMATION SYSTEMS ON INTERNAL
AUDITING.

Chapter Eighteen. Business Continuity Planning and Disaster
Recovery.

Chapter Nineteen. General Controls in an E-Business and
Networked Environment.

Chapter Twenty. Software Engineering, the Capability Maturity
Model, and Project Management.

Chapter Twenty-One. Reviewing and Assessing Applications
Controls.

Chapter Twenty-Two. Infrastructure Service- and Support-Delivery
Controls.

Chapter Twenty-Three. Computer-Assisted Audit Techniques.

PART SIX: INTERNAL AUDITOR TOOLS ANDN TRENDS.

Chapter Twenty-Four. HIPAA and Growing Concerns Regarding
Privacy.

Chapter Twenty-Five. Continuous Assurance Auditing, XBRL, and
OLAP.

Chapter Twenty-Six. Internal Audit Quality-Assurance and ASQ
Quality Audits.

Chapter Twenty-Seven. Control Self-Assessments.

PART SEVEN: THE PROFESSIONAL INTERNAL AUDITOR.

Chapter Twenty-Eight. Professional Certifications: CIA, CISA,
and More.

Chapter Twenty-Nine. ISO and Internal Audit Worldwide
Standards.

Chapter Thirty. Future of the Modern Internal Auditor.

Index.