Principles of Internal Control
Author: Alan Trenerry
Publisher: UNSW Press
Published: 1999
Total Pages: 374
ISBN-13: 9780868404011
DOWNLOAD EBOOKAn accounting textbook that describes the objectives and practices of internal control.
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Standards for Internal Control in the Federal Government
Author: United States Government Accountability Office
Publisher: Lulu.com
Published: 2019-03-24
Total Pages: 88
ISBN-13: 0359541828
DOWNLOAD EBOOKPolicymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers' Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.
Principles of Accounting Volume 1 - Financial Accounting
Author: Mitchell Franklin
Publisher:
Published: 2019-04-11
Total Pages: 1056
ISBN-13: 9781680922912
DOWNLOAD EBOOKThe text and images in this book are in grayscale. A hardback color version is available. Search for ISBN 9781680922929. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.
Internal Controls Policies and Procedures
Author: Rose Hightower
Publisher: John Wiley & Sons
Published: 2008-10-13
Total Pages: 286
ISBN-13: 0470287179
DOWNLOAD EBOOKDrawing on her many years as a consultant to numerous companies big and small, author Rose Hightower infuses Internal Controls Policies and Procedures with her wealth of experience and knowledge. Instead of reinventing the wheel, your company can use this useful how-to manual to quickly and effectively put a successful program of internal controls in place. Complete with flowcharts and checklists, this essential desktop reference is a best practices model for establishing and enhancing your organization's control framework. These manuals are favorites for organizations and companies that need a foundation and grounding to ensure an internal control posture of integrity, credibility, method, process and process: or a reminder of its importance. URLs were included when first published to encourage the dissemination and distribution of relevant chapters to those interested and in charge of the specific departments. Although times have changed, the principles professed are sound and solid for today’s accounting and business environment. Implementing these cornerstones will produce a principled manageable approach. These manuals can be used by accounting individuals, finance departments, sole proprietor businesses, large corporations, accounting / auditing students and any others interested in specific topics or general disciplines. The discipline for the oversight processes and procedures are important when introducing or implementing auditing practices whether in accounting or throughout the organization. These manuals should be used together to provide the basics when setting up a department or specific process discipline, for learning about the strengths, weaknesses and opportunities within the specific focus areas.
Executive's Guide to COSO Internal Controls
Author: Robert R. Moeller
Publisher: John Wiley & Sons
Published: 2013-12-31
Total Pages: 325
ISBN-13: 1118626419
DOWNLOAD EBOOKEssential guidance on the revised COSO internal controls framework Need the latest on the new, revised COSO internal controls framework? Executive's Guide to COSO Internal Controls provides a step-by-step plan for installing and implementing effective internal controls with an emphasis on building improved IT as well as other internal controls and integrating better risk management processes. The COSO internal controls framework forms the basis for establishing Sarbanes-Oxley compliance and internal controls specialist Robert Moeller looks at topics including the importance of effective systems on internal controls in today's enterprises, the new COSO framework for effective enterprise internal controls, and what has changed since the 1990s internal controls framework. Written by Robert Moeller, an authority in internal controls and IT governance Practical, no-nonsense coverage of all three dimensions of the new COSO framework Helps you change systems and processes when implementing the new COSO internal controls framework Includes information on how ISO internal control and risk management standards as well as COBIT can be used with COSO internal controls Other titles by Robert Moeller: IT Audit, Control, and Security, Executives Guide to IT Governance Under the Sarbanes-Oxley Act, every corporation has to assert that their internal controls are adequate and public accounting firms certifying those internal controls are attesting to the adequacy of those same internal controls, based on the COSO internal controls framework. Executive's Guide to COSO Internal Controls thoroughly considers improved risk management processes as part of the new COSO framework; the importance of IT systems and processes; and risk management techniques.
Principles of Internal Control and Corporate Governance
Author: Alan R. Trenerry
Publisher: McGraw-Hill Higher Education
Published: 2009
Total Pages: 408
ISBN-13: 9780070159235
DOWNLOAD EBOOKThis first edition text provides a much-needed examination of the necessary responsibilities and accountability of directors and management in relation to the Corporate Responsibility provisions in the corporate legislation. Internal controls, corporate governance and ethics are high profile areas in the current accounting and financial services market Implement and maintain internal control procedures is one of five compulsory sectoral units in the Diploma of Accounting (Internal Controls) Monitor corporate governance activities is the only compulsory sectoral unit in the Advanced Diploma of Accounting (Corporate Governance)
Internal Control Procedures
Author: Mathew Fawcett
Publisher:
Published: 2019
Total Pages: 0
ISBN-13: 9781760738402
DOWNLOAD EBOOKAUDITING
Author: RAVINDER KUMAR
Publisher: PHI Learning Pvt. Ltd.
Published: 2015-05-01
Total Pages: 578
ISBN-13: 8120350987
DOWNLOAD EBOOKThis comprehensive, well-received and thoroughly updated text, now in its Third Edition, continues to provide an in-depth analysis of the basic concepts of Auditing emphasising the practical aspects of the course. The book discusses in detail, classification and preparation of an audit, internal control system, internal audit, vouching of cash, trading and impersonal ledgers in addition to other topics. Besides, it deals with verification and valuation of assets and liabilities, company audit, cost audit, management audit, tax audit, bank audit as well as depreciation. The final chapters of the book give detailed description of business investigations, audit of special entities and auditing in EDP environment. Contemporary topics have been covered in the book to enlighten readers with the latest developments in the field of auditing, such as cost audit, tax audit, environmental audit and energy audit. The book is intended to serve as an indispensable text for undergraduate students of commerce as well as for CA and ICWA aspirants. New to this Edition • The Companies Act, 2013 (based on new company law). • Internal Audit chapter especially updated in the light of Section 138 of the Companies Act, 2013 and Rule 13 of the Companies (Accounts) Rules, 2014 notified by MCA. • Cost Audit chapter based on the latest Companies (Cost Records and Audit) Rules, 2014, issued by MCA.
Reliable Financial Reporting and Internal Control
Author: Dimitris N. Chorafas
Publisher: John Wiley & Sons
Published: 2000-05-18
Total Pages: 298
ISBN-13:
DOWNLOAD EBOOKStepping Up Financial Reporting Systems in an Expanding Global Economy The United States already has the most stringent financial reporting requirements in the world due to its Generally Accepted Accounting Principles (GAAP). Now financial institutions must also contend with the global impact of new stipulations regarding auditing and reporting practices. This book provides comprehensive guidance as to what companies should now be doing to make their financial reporting more efficient and reliable, and illustrates how a sound internal control policy-based on the work of the Treadway Commission and the COSO report -will be a requirement for the organization that wants to compete in the evolving global marketplace. Based on months of research by the author, Reliable Financial Reporting and Internal Control brings together three issues crucial to risk management: * Internal control and international accounting standards * Reliable financial reporting as defined by COSO * The New Capital Adequacy Framework by the Basle Committee on Banking Supervision Also covered is the work accomplished by the Federal Reserve and the International Organizations of Securities Commissions (IOSCO). Here is a must-have guide for CFOs, controllers, and other corporate financial personnel in multinational companies and other companies who do business globally, as well as internal and external auditors, bank managers, and brokers.
Internal Control Audit and Compliance
Author: Lynford Graham
Publisher: John Wiley & Sons
Published: 2015-02-02
Total Pages: 420
ISBN-13: 1118996216
DOWNLOAD EBOOKEase the transition to the new COSO framework with practical strategy Internal Control Audit and Compliance provides complete guidance toward the latest framework established by the Committee of Sponsoring Organizations (COSO). With clear explanations and expert advice on implementation, this helpful guide shows auditors and accounting managers how to document and test internal controls over financial reporting with detailed sections covering each element of the framework. Each section highlights the latest changes and new points of emphasis, with explicit definitions of internal controls and how they should be assessed and tested. Coverage includes easing the transition from older guidelines, with step-by-step instructions for implementing the new changes. The new framework identifies seventeen new principles, each of which are explained in detail to help readers understand the new and emerging best practices for efficiency and effectiveness. The revised COSO framework includes financial and non-financial reporting, as well as both internal and external reporting objectives. It is essential for auditors and controllers to understand the new framework and how to document and test under the new guidance. This book clarifies complex codification and provides an effective strategy for a more rapid transition. Understand the new COSO internal controls framework Document and test internal controls to strengthen business processes Learn how requirements differ for public and non-public companies Incorporate improved risk management into the new framework The new framework is COSO's first complete revision since the release of the initial framework in 1992. Companies have become accustomed to the old guidelines, and the necessary procedures have become routine – making the transition to align with the new framework akin to steering an ocean liner. Internal Control Audit and Compliance helps ease that transition, with clear explanation and practical implementation guidance.
