Audit Defense: A Management Audit Readiness Guide

University undergraduate and graduate audit classes are geared towards educating prospective auditors, but not audit clients. This book provides the audit education and preparation that has been missing, helping to identify issues, exposures, and risks and adequately position managers to achieve successful audits. It also provides mock audit simulation exercises to further prepare prospective audit clients.

Format: Paperback / softback
Length: 364 pages
Publication date: 08 May 2023
Publisher: Springer Nature Switzerland AG

The majority of university undergraduate and graduate audit courses are designed to educate aspiring auditors, but they do not provide education for those who will be audit clients and subjected to audits. To ensure a level playing field, future audit clients and auditors must both be educated. Those being audited do not receive the same level of formal education as internal auditors; most client education occurs during the audit itself. Once subjected to an audit and faced with the consequences of a failed audit, the client learns through trial and error. Managers can suffer financial losses and promotional setbacks if unprepared; the preparation and education needed to be audit-ready are lacking.

This book is of interest to accounting, finance, or business students and entry-level practitioners who have been missing the audit education and preparation needed to succeed. It demonstrates how to interact with auditors, identify issues, exposures, and risks, and adequately position current and future managers to achieve successful audits. The book also includes mock audit simulation exercises to further prepare prospective audit clients.

Weight: 508g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030924683
Edition number: 1st ed. 2022