The enactment of the Sarbanes-Oxley Act in 2002 by the U.S. Congress marked a major change for both internal and external auditors, corporate senior management, boards of directors, and many others. Internal auditors now have new, greater responsibilities to their audit committees, to external auditors, and for overall corporate governance.
Sarbanes-Oxley and the New Internal Auditing Rules thoroughly and clearly explains the Sarbanes-Oxley Act, how it impacts auditors, and how internal auditing can help with its requirements, such as launching an ethics and whistle-blower program or performing effective internal controls reviews under the COSO framework. With ample coverage of emerging rules that have yet to be issued and other matters subject to change, this book outlines fundamental blueprints of the new rules, technological developments, and evolving trends that impact internal audit professionals.
To be helpful in the current global climate, this guide's broad coverage looks at a wide range of processes, including disaster recovery and business continuity practices, and fraud detection and prevention following SAS 99. Even if internal auditors don't initiate these practices, understanding such best practices can be helpful in reviewing current approaches or recommending improvements.
This timely and relevant resource addresses new trends and legislation that are impacting internal auditors, including HIPAA and its privacy rules (which affect a wide range of organizations and systems outside of health care), fraud detection and prevention, risk management, the Institute of Internal Auditors' new internal audit standards, and a new COSO Enterprise Risk Management (ERM)framework, which will soon become an important new rule for internal auditors.
Sarbanes-Oxley and the New Internal Auditing Rules is an essential resource for auditors, CFOs, audit committee members, and others in need of a reliable reference for navigating the new role of the auditor within today's changing corporate environment.
"Robert Moeller offers an informative perspective on the impact of Sarbanes-Oxley legislation. Those who work in the internal audit function should find great interest in the role they can play in Sarbanes-Oxley compliance." –Therese Webb Managing Director, Sarbanes-Oxley national practice Parson Consulting
"Sarbanes-Oxley and the New Internal Auditing Rules represents an independent summary of this important new legislation. There is no question that the audit model needs to evolve, and this book provides the background to cultivate new audit approaches and governance thinking."–Michael P. Cangemi President and CEO, Aigner Group, Inc.Editor in Chief, IS CONTROL Journal
Author: Robert Moeller
Format: Hard cover
Publisher: J Wiley
ISBN: 0471483060
Published: May 2004
Availability: Immediate despatch
