Lean auditing : driving added value and efficiency in internal audit

Author

• Paterson, James C.

Additional Author(s)

-

Publisher

West Sussex: John Wiley & Sons , 2015

Language

English

ISBN

9781118896884

Series

Subject(s)

• AUDITING
• AUDITING, INTERNAL
• FINANCIAL STATEMENTS

Notes

. Includes bibliographical references (p. 289-290) . Includes index (p. 291-307)

Abstract

Using lean techniques to enhance value add and reduce waste in internal auditing. Lean Auditing is a practical guide to maximising value and efficiency in internal audit through the application of lean techniques. It is an ideal book for anyone interested in understanding what progressive, value adding audit can be like. It is also ideal for anyone wondering whether audit activities can be streamlined or better co-ordinated with other activities. The book contains practical advise from the author's experience as CAE of AstraZeneca PLC; from his work as a consultant specializing in this field; as well as insights from leading CAEs in the UK, US and elsewhere. In addition, there are important insights from thought leaders such as Richard Chambers (IIA US) and Norman Marks (GRC thought leader) and Chris Baker (Technical Manager of the IIA UK).

Physical Dimension

Number of Page(s)

viii, 307 p.

Dimension

24 cm.

Other Desc.

ill.

Summary / Review / Table of Content

Lean auditing at AstraZeneca --
A brief history of lean, notable principles and the approach taken by this book --
Key lean tools & techniques --
The development of lean auditing and its benefits --
The wider benefits of a lean audit approach --
and how to use this book --
Who are the customers of internal audit? --
What really adds value --
and what doesn't --
The importance of role clarity in assurance and the insights lean can offer --
The audit plan: taking a value approach --
Factoring in risk assurance in the audit plan --
Considering the allocation of resources to optimize value add --
Assignments --
types, scheduling and resourcing --
Using assignment scoping and planning to drive added value --
Assignment delivery --
managing what really goes on --
Using communication and quality standards to maximize the added value from assignments --
Assignment follow-up and follow on --
Measuring performance and driving improvements in audit ways of working --
Using lean audit principles to underpin cultural change in the wider organization --
Leading the audit function --
The audit function: selection, training & development and ways of working --
Further thoughts about where and how to start the journey towards lean progressive auditing --
A brief look into the future --
Appendix: Illustrative Kano analysis regarding internal audit closing dedication & thanks.

Exemplar(s)

#	Accession No.	Call Number	Location	Status
1.	02960/16	657.458 Pat L	Library - 7th Floor	Available