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Audit Defense: A Management Audit Readiness Guide

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SKU 9783030924652 Categories ,
Select Guide Rating
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. Those being audited do not receive the same level of formal education as interna...

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Description

Product ID:9783030924652
Product Form:Hardback
Country of Manufacture:GB
Series:Palgrave Studies in Accounting and Finance Practice
Title:Audit Defense
Subtitle:A Management Audit Readiness Guide
Authors:Author: Ed Danter
Page Count:364
Subjects:Risk assessment, Risk assessment, Financial accounting, Management accounting, bookkeeping and auditing, Management and management techniques, Financial accounting, Management accounting & bookkeeping, Management & management techniques
Description:Select Guide Rating
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. Those being audited do not receive the same level of formal education as internal auditors– most client education occurs during the audit itself.

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. 


Imprint Name:Springer Nature Switzerland AG
Publisher Name:Springer Nature Switzerland AG
Country of Publication:GB
Publishing Date:2022-04-24