Internal Controls Guide (Third Edition)

Topics and Contents

Understanding Control, Assessing Control Risk, And Evaluating Controls
Controls And Enterprise Risk Management
The Effects Of Technology On Control
Special Attention To Fraud Detection Issues
A Recommended Approach To Designing And Evaluating Controls: Identify The Critical Elements Of Internal Control
Six Useful Tools Of The Trade Their Application In The Design And Evaluation Of Controls
Expanded Treatment Of Tests Of Controls Via Statistical Method Practical Considerations
How To Formulate An Audit Plan: Selecting The Right Mix Of Tests Of Control Substantive And Dual Purpose Tests
How To Design And Evaluate Internal Controls For The Revenue Or Income-Producing Cycle
How To Design And Evaluate Internal Controls For The Cost Of Sales Or Production Cycle
How To Design And Evaluate Internal Controls For Financing And Nonroutine Transactions
How To Handle Control Concerns Unique To Computer Systems
Putting It All Together: How To Produce A Global Picture Of An Entity's Controls
How To Prepare Effective Management Letters
Performing Attest Engagements To Report On Entities’ Internal Control And PCAOB-Prescribed Audits Of Controls Over Financial Reporting
Control Problems By Industry Type
Reporting Issues
Adapting The Design And Evaluation Of Controls To Not-For-Profit Entities
Litigation Support Considerations
Overview, Challenges For The Future, And Unanswered Questions