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The Manager and the Internal Auditor: Partners for Profit
 
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The Manager and the Internal Auditor: Partners for Profit [Hardcover]

Gerald Vinten (Author), Lawrence B. Sawyer (Author)

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Book Description

May 13, 1996 0471961175 978-0471961178
Managers need auditors. There are more risks in running an organization than ever before whether it be in the public, private or non-profit sector. With the break-up of the state sector, the ambiguous intermediary role of not for profit organizations, and turbulence in the marketplace through mergers, acquisitions and divestments, the seeds are sown for chaos and a culture in which fraud can flourish. Notorious corporate collapses such as BCCI, Maxwell Communications Corporation and Barings are cases in point. An updated and revised version of the auditing classic The Manager and The Modern Internal Auditor, first published in 1979, this new book highlights the necessity of establishing internal control in organizations and illustrates how internal audit can be a highly effective means to avoid corporate disaster. The authors present a proven formula for organizational success through the joint workings of managers and internal auditors as partners for profit, growth and sustainability. They examine the latest insights into the needs and nature of managerial activity and explain the complementary contribution that internal audit can make. Whether the manager is planning and budgeting, organizing, directing, controlling or formulating strategic policy, the internal auditor s assistance is shown to be invaluable.

Editorial Reviews

From the Publisher

Respected writers and researchers present the latest information on the principles of management. The first section describes the nature of internal auditing and management. Examines management theories and demonstrates how internal auditors deal with the various models of managers. Part two comprises management skills, emphasizing decision making and problem solving. Explores the scientific methods available so that managers and internal auditors can execute their jobs with greater precision. Finally, it discusses the process of management--planning, organizing, directing and controlling.

From the Back Cover

Managers need auditors. There are more risks in running an organization than ever before ? whether it be in the public, private or non-profit sector. With the break-up of the state sector, the ambiguous intermediary role of ?not for profit? organizations, and turbulence in the marketplace through mergers, acquisitions and divestments, the seeds are sown for chaos and a culture in which fraud can flourish. Notorious corporate collapses such as BCCI, Maxwell Communications Corporation and Barings are cases in point. An updated and revised version of the auditing classic The Manager and The Modern Internal Auditor, first published in 1979, this new book highlights the necessity of establishing internal control in organizations and illustrates how internal audit can be a highly effective means to avoid corporate disaster. The authors present a proven formula for organizational success through the joint workings of managers and internal auditors as partners for profit, growth and sustainability. They examine the latest insights into the needs and nature of managerial activity and explain the complementary contribution that internal audit can make. Whether the manager is planning and budgeting, organizing, directing, controlling or formulating strategic policy, the internal auditor?s assistance is shown to be invaluable.

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