Customer Reviews

The Operational Auditing Handbook: Auditing Business Processes

5 star:		(2)
4 star:		(0)
3 star:		(0)
2 star:		(1)
1 star:		(1)

 

 

The cost of this book greatly outweighs its value. For information on operational auditing, I would look somewhere else.

This book is not worth the price. It is written by an author from the UK and his concept of operational or "operations" auditing may be different from yours. The whole book is devoted to internal control. Each chapter provides a checklist of internal control questions for each business "operation," what we in the US would call a system, i.e. purchasing, accounting, ect. Nothing new is presented in this book and the information it provides can be obtained from other sources at much less cost.

"The Operational Auditing Handbook" is a very good and practical manual on auditing. It's accompanying software is easy to customize. The audit checklists are very accurate and experienced based. I put it on the same level as "Operational Profitability; Conducting Management Audits."

This is a very comprehensive book that covers all that a new auditor may want to learn or an expert auditor may need to consult. The 62 "Chapters" of the book book are divided into three "Parts" that deal respectively with "Understanding Operational Auditing", "Auditing Key Functions" and "Auditing Information Technology".

A chapter on "Governance Processes" in Part I is commendable since it collects information that is scattered in many other books into one chapter.

Part II has dedicated chapters on the auditing of "key functions" including finance and accounting, contracts and purchasing, operations, marketing, distribution, human resources, R&D, security and even environmental responsibility. A chapter that I found very useful and unusual here is the one titled "Auditing Subsidiaries, Remote Operating Units and Joint Ventures". In my view this Part should have a chapter titled "Auditing Governance".

Part III is dedicated completely to IT and it deals with this aspect is good detail.

The book has additional material that is available from the Web site.

I have found this book to be a very valuable asset as a professional and is highly recommended for the student, the novice and the expert alike.