{"product_id":"beyond-audit-isbn-9781119789604","title":"Beyond Audit","description":"\u003cp\u003e\u003cb\u003eYour game plan for strategic success in today’s remote audit department\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBeyond Audit is your guide to taking advantage of this unique moment to review and enhance your audit methodology to improve execution, operations, and audit product. Change has been thrust upon the audit industry, and every company must adapt to business interruptions and remote work environments. Now is the perfect time for audit departments to step back and turn a critical eye on their own operations. We have an opportunity to identify new ways of increasing product offerings and building more effective and efficient operations, ultimately creating better results for our partners and clients.\u003c\/p\u003e \u003cp\u003eThis book will take you from a foundational understanding of the business environment through to a reflective review of your own operational effectiveness and efficiency. You’ll gain access to the Audit Risk Barometer (ARB), an innovative self-assessment tool that scores audit department strengths and opportunities for improvement. This book also includes a detailed methodology for working with your business partner to ensure clear identification of business objectives. You’ll also learn how to identify “true process risks” to ensure that testing remains focused and adds value. Finally, you'll learn critical skills and team development ideas for every level.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eGain a fundamental understanding of today's business environment and how traditional and remote auditing fits into the new business puzzle\u003c\/li\u003e \u003cli\u003eUse the exclusive Audit Risk Barometer to conduct a valuable self-assessment and uncover your team’s strengths and weaknesses\u003c\/li\u003e \u003cli\u003eLearn how to effectively and efficiently work with your business partner to identify objectives and value-add opportunities\u003c\/li\u003e \u003cli\u003eAccess online resources, including video summaries and interactive tools to revamp your audit department\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eBeyond Audit incorporates links to online video summaries, templates mentioned throughout the book, interviews with experienced professionals, and an audit tracking software tool. This book is an enormously valuable resource for audit teams of any size and shape.\u003c\/p\u003e \u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xv\u003c\/p\u003e \u003cp\u003eAbout the Author xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: What Happened 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAudit Execution Challenges 2\u003c\/p\u003e \u003cp\u003eUnderstanding Your Role 5\u003c\/p\u003e \u003cp\u003eCritical Meeting Keys 7\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Understanding the Remote Approach 11\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTraditional versus Remote Audit 11\u003c\/p\u003e \u003cp\u003eRecognizing the Challenges 14\u003c\/p\u003e \u003cp\u003eResponsibility Assignments 18\u003c\/p\u003e \u003cp\u003eCommunicating Critical Information 19\u003c\/p\u003e \u003cp\u003eAudit Planning 22\u003c\/p\u003e \u003cp\u003eAudit Fieldwork 24\u003c\/p\u003e \u003cp\u003eAudit Reporting 25\u003c\/p\u003e \u003cp\u003eAudit Wrap-Up 26\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Marketing the Internal Audit Department 29\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCreating Your Audit Brand 29\u003c\/p\u003e \u003cp\u003eDefining Internal Audit 30\u003c\/p\u003e \u003cp\u003eInternal Audit’s Three Pillars 32\u003c\/p\u003e \u003cp\u003eExplaining the Audit Phases 34\u003c\/p\u003e \u003cp\u003eDispelling the Myths 38\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Building an Effective Audit Team 41\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBeyond Audit Learning Map 42\u003c\/p\u003e \u003cp\u003eSkills Focus in the Remote Environment 44\u003c\/p\u003e \u003cp\u003eRemote Business Partner Meetings 49\u003c\/p\u003e \u003cp\u003eAgendas Drive the Meeting 50\u003c\/p\u003e \u003cp\u003eAudit Status Memos 53\u003c\/p\u003e \u003cp\u003eRemote Auditor Skills Profile 54\u003c\/p\u003e \u003cp\u003eBeyond Audit Development Plan 59\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: The Methodology – Objective Recognition 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eImproving the Audit Process 61\u003c\/p\u003e \u003cp\u003eBeyond Audit – ORC Model 62\u003c\/p\u003e \u003cp\u003eIdentifying the Business Objective 66\u003c\/p\u003e \u003cp\u003eBusiness Objective Identification Challenge 69\u003c\/p\u003e \u003cp\u003eBusiness Objective Identification in a Remote Audit 70\u003c\/p\u003e \u003cp\u003eBusiness Process Risks 73\u003c\/p\u003e \u003cp\u003eBusiness Process Controls 75\u003c\/p\u003e \u003cp\u003eCompleting the Audit Planning 77\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Audit Fieldwork 79\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFieldwork Communication 82\u003c\/p\u003e \u003cp\u003eFieldwork Responsibilities 84\u003c\/p\u003e \u003cp\u003eWorkpaper Requirements 85\u003c\/p\u003e \u003cp\u003eBeyond Audit – Baseline Workpaper Components 86\u003c\/p\u003e \u003cp\u003eSufficient Evidence 91\u003c\/p\u003e \u003cp\u003eWorkpaper Self-Review and Keys 93\u003c\/p\u003e \u003cp\u003eBeyond Audit – Top 10 Keys to Managing Fieldwork 93\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: The Methodology – Partner Results 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCommunicating Audit Results 101\u003c\/p\u003e \u003cp\u003eUnderstanding the Audit Report Phase 102\u003c\/p\u003e \u003cp\u003eAudit Report Foundation 104\u003c\/p\u003e \u003cp\u003eBeyond Audit – Issue Discussion Keys 105\u003c\/p\u003e \u003cp\u003eAudit Reporting throughout an Audit 106\u003c\/p\u003e \u003cp\u003eEffective Internal Audit Report Components 107\u003c\/p\u003e \u003cp\u003eAudit Report Challenges 119\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Internal Audit Value 121\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDefining Real Action 122\u003c\/p\u003e \u003cp\u003eSteps in Creating an Action Plan 125\u003c\/p\u003e \u003cp\u003eAction Plan Adoption Process 130\u003c\/p\u003e \u003cp\u003eCA Methodology Overview 132\u003c\/p\u003e \u003cp\u003eAction Plan Tracking 137\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Internal Audit Dashboards 141\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDashboard Defined 142\u003c\/p\u003e \u003cp\u003eBeyond Audit – DDIO Methodology 144\u003c\/p\u003e \u003cp\u003eAudit Dashboard Functions 154\u003c\/p\u003e \u003cp\u003eAudit Dashboard – Lessons Learned 159\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Communication Focus 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding the Communication Model 162\u003c\/p\u003e \u003cp\u003eMessage Delivery 165\u003c\/p\u003e \u003cp\u003eThe Value of Listening 168\u003c\/p\u003e \u003cp\u003eBeyond Audit Advisor Approach 169\u003c\/p\u003e \u003cp\u003eInternal Audit Relationships 173\u003c\/p\u003e \u003cp\u003eBeyond Audit – Internal Audit Marketing 178\u003c\/p\u003e \u003cp\u003eBeyond Audit – Meeting Facilitation Keys 179\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Analyzing Internal Audit 181\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBeyond Audit – ARB Methodology 182\u003c\/p\u003e \u003cp\u003eARB Conclusion 197\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: How Good is Audit? 199\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroducing the Top Ten 200\u003c\/p\u003e \u003cp\u003eCreating an Action Plan 220\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Focused on Learning 221\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRemote Learning 222\u003c\/p\u003e \u003cp\u003eIndex 227\u003c\/p\u003e \u003cp\u003e\u003cb\u003eROBERT L. MAINARDI\u003c\/b\u003e is the Founder of Beyond Audit (formally Mainardi \u0026amp; Associates), a firm that develops, facilitates, and administers custom training programs in auditing and risk. He was formerly a Vice President with Penn Mutual Life Insurance where he managed audit operations, staff, and business relationships for the life, brokerage, investment, and trust and mutual fund businesses.\u003c\/p\u003e  \u003cp\u003eChange has been thrust upon the audit industry and every company must adapt to business interruptions and remote work environments. Now is the perfect time for audit departments to take a step back and cast a critical eye on their own operations, seeking ways to improve product offerings and identify efficiencies.\u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eBeyond Audit: Auditing Remotely and Delivering Value\u003c\/i\u003e, accomplished audit leader and author Robert L. Mainardi delivers a detailed guide of how audit departments must adjust their audit approach and execution in the post-COVID-19 business landscape. It emphasizes that a different skill focus for audit teams is necessary and that those teams must develop and change as they learn to audit from remote locations, while retaining their ability to strategically and effectively identify the most critical controls to be examined.\u003c\/p\u003e\u003cp\u003eThe book will take auditors from a foundational understanding of the current status of the new business environment and walk them through a reflective review of their own operational effectiveness and efficiency. It includes a detailed methodology to be followed, from planning to action item development, to ensure clear identification and agreement with the busines partner of the business objectives and corresponding “true process risks.”\u003c\/p\u003e\u003cp\u003eYou’ll learn about the Audit Risk Barometer, an innovative self-assessment tool that scores and scales individual audit department strengths and opportunities for improvement. You’ll also find links to online video summaries, interviews with experienced professionals, template explanations, technique comparisons, and recommendations for topics discussed in each chapter.\u003c\/p\u003e\u003cp\u003ePerfect for audit teams of any size and shape, \u003ci\u003eBeyond Audit\u003c\/i\u003e is an invaluable resource for anyone seeking to gain a fundamental understanding of today’s business environment and how traditional and remote auditing fits into the new business puzzle.\u003c\/p\u003e  \u003cp\u003eA One-Stop Game Plan for Strategic Success in the Remote Audit Environment\u003c\/p\u003e\u003cp\u003e\u003ci\u003eBeyond Audit: Auditing Remotely and Delivering Value\u003c\/i\u003e offers auditors a complete and insightful set of tools to improve your audit methodology and enhance execution, operations, and audit product. You’ll learn to identify new ways of increasing product offerings and building more effective and efficient operations, creating better results for your partners and clients.\u003c\/p\u003e\u003cp\u003eBeginning with a foundational overview of the new business environment (post-COVID-19) and moving you through a reflective review of your own operational efficacy and efficiency, you’ll find a detailed methodology for working with your business partners to ensure clear identification of business objectives.\u003c\/p\u003e\u003cp\u003eYou’ll also discover the Audit Risk Barometer, an innovative self-assessment tool that scores your audit department’s strengths and weaknesses, revealing new opportunities for improvement. In addition, you’ll discover how to identify “true process risks” to make sure your testing remains focused and adds value, as well as critical skills and team development ideas for audit groups of all shapes and sizes.\u003c\/p\u003e\u003cp\u003eIdeal for audit teams of any size or in any industry, \u003ci\u003eBeyond Audit\u003c\/i\u003e delivers a foundational understanding of the modern, post-COVID-19 business environment and shows you how traditional and remote auditing fits with the objectives and goals of your business partners.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988805271781,"sku":"NP9781119789604","price":49.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119789604.jpg?v=1761781659","url":"https:\/\/k12savings.com\/es\/products\/beyond-audit-isbn-9781119789604","provider":"K12savings","version":"1.0","type":"link"}