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Global Institute of Internal AuditorsBreadcrumb SeparatorNewsBreadcrumb SeparatorNew Book Release: Financial Planning and Budgets
 

New Book Release: Financial Planning and Budgets

Financial Planning and BudgetsFinancial Planning and Budgets offers practical advice and suggestions for auditing the financial planning and budgeting processes.

This new publication provides a view of the background or management processes, key risks, internal controls, and audit procedures. Authors Cornelia Odermatt and Thomas Flüeler created a comprehensive reference guide that includes checklists, risk grids, and useful information such as web addresses for further understanding. The book will help experienced audit managers and auditors to plan, organize, perform, and report on the financial planning and budgeting processes.

The text outlines the auditable entity, risks, approval process, top-down and bottom-up processes, financial planning, budgeting, relationship to incentive programs, technology, and monitoring of the financial planning and budgeting processes. It explains the overall process in each section and discusses the risks involved, internal control procedures, and test steps.

This book provides an online toolkit that can be used for checking or updating audit programs already in place. Readers can refer to this book and the toolkit to configure their programs according to their specific needs by industry, external environment, company internal organization, guidelines, or control environment. Financial Planning and Budgets: Understanding the Auditing Process should clarify your understanding of the overall financial planning and budgeting processes and with tips and suggestions for auditing them. Order Your Copy Today!