Internal Auditing Term Paper by hicaliber

Internal Auditing
This paper looks at the changes that have taken place in the auditing field in recent years.
# 95062 | 2,051 words | 8 sources | MLA | 2007 | US


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Description:

In this article the writer notes that over the past two decades, a number of changes took place that greatly altered the business world. The writer points out that some of these changes were external, such as ever-increasing globalization, growing competition and fast-paced technological innovations. However, some of the changes were internal. The writer relates that at the beginning of the millennium, for example, huge cases of company fraud rocked the structures of many organizations and that, as a result, the entire auditing field was put on trial. The writer maintains that Enron and similar financial disasters made many companies think and then think again about how to enhance their own internal audit functions. In order to find out more about auditing in present times, the writer interviewed, Robert Norwick, the internal auditor of a local mid-sized family-owned business.

Outline:
Background
Internal Audit Position
Need for Internal Auditors
Future Growth
Average Current Compensation of Internal Auditors
Certification
Organizations/Resources

Sample of Sources Used:

  • Dalton, Dan and Dalton, Catherine. "Sarbanes-Oxley legislation and the private company: if not a marriage, then certainly an engagement" The Journal of Business Strategy. 2005. 26.2 (2005), 7-9.
  • Harrington, Cynthia. "Internal Audit's New Role." Journal of Accountancy. 198.3 (2004), 65-71
  • Institute of Internal Auditors. Internal Auditors Certification. 8/9/06. http://www.theiia.org/.
  • Pricewaterhouse. "2006 State of the internal audit profession study: Continuous auditing gains momentum." 8/10/06 http://www.pwc.com/extweb/pwcpublications.nsf/docid/1981a92e13dee3cf85257 18b006de802
  • Smith, Gene. "Communications skills are critical for internal auditors. Managerial Auditing Journal. 20. 5 (2005), 513-520.

Cite this Term Paper:

APA Format

Internal Auditing (2007, May 15) Retrieved July 08, 2020, from https://www.academon.com/term-paper/internal-auditing-95062/

MLA Format

"Internal Auditing" 15 May 2007. Web. 08 July. 2020. <https://www.academon.com/term-paper/internal-auditing-95062/>

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