BIP 2107:2006 - Auditing for the 21st century – BSI British Standards

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BIP 2107:2006

Auditing for the 21st century

Status : Current   Published : August 2006

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PDF

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HARDCOPY

Auditing for the 21st century

Ian Rosam and Rob Peddle

Auditing for the 21st Century is dedicated to challenging the status quo in the auditing world, which is failing to deliver what organizations really need. The time for change has arrived.

Some of the auditing approaches mentioned in this book are not new, but adding them together is, as is exposing the inherent weaknesses built into the existing auditing process. This new synthesis is a fundamental shift in the ways audits are carried out.

Senior managers are concerned with the performance of the organization and require strategic management information that reflects their need to drive effectiveness and manage risk. What managers need is high level and strategic - yet often auditing is low-level and low-value. There is a mismatch, which the approaches in Auditing for the 21st Century address.

From an analysis of the limitations of current auditing practice, this book takes the reader through a new approach, and demonstrates the principles through a series of examples and case studies.

Ian Rosam and Rob Peddle have developed these auditing techniques based upon implementing process-based management in the ‘real-world’, and on the need to have robust and appropriate auditing techniques for today’s organizations.  Through such techniques, senior managers need to be able to complete the continuous improvement loop, manage risk and effectiveness and drive improved performance.  These techniques also need to be able to be applied to the surge of compliance requirements that organizations now face, often outside the normal sphere of standards implementation, which could potentially lead to prosecution.

Contents:

  • Introduction
  • Fact -The traditional audit process is broken
  • Auditing against standards has to change
  • Why do we bother to audit at all - what is the point?
  • Involving the right people to make the audit valid
  • Don’t ask questions, look for behaviours
  • Collecting information
  • Interpreting effectiveness and identifying business risks
  • Case studies and examples



Standard NumberBIP 2107:2006
TitleAuditing for the 21st century
AuthorIan Rosam, Rob Peddle
StatusCurrent
Publication Date01 August 2006
DescriptorsAuditing (financial), Accounting, Management, Financial management Quality and Management
ICS03.100.60 (Accountancy)
ISBN0 580 48146 8
FormatA4 Paperback
DeliveryYES
Pages136
Price£ 35.00


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