Statement on Auditing Standards No. 9 (SAS 9) discusses the role of a client′s internal audit department (IAD) in the …

Setting up a new internal audit function is a challenging exercise, particularly in an organisation and an industry …

Traditional approaches to risk control used for planning, executing, and evaluating substantive audit tests focus …

The value and role of the environmental audit for local authorities is outlined. The audit must be seen as a tool to … help formulate and implement the Environmental Policy/Action Plan for the authority. The audit generally covers three areas …

probit analysis to construct a classification model for the auditor to use in making going/non‐going concern decisions. The … model is constructed using probit analysis with the weighted exogenous sample maximum likelihood (WESML) procedure on a …

Business risk and inherent risk both bear on the audit; the audit risk model; and the nature, timing, and extent of … risk relates to the financial statements and affects overall audit risk; inherent risk applies to an individual audit area …. Inherent risk is explicitly included in the professional standards and the audit‐risk model while business risk is not and has …

audit. They not only highlight the environmental risks but also indicate business opportunities. In order to monitor the …

Environmental audit, although a widely used term, can cover a multitude of different activities. In any of its guises … approaches to, environmental audit are outlined and the pressures which encourage their use are discussed. However, UK companies …′s largest companies have yet to undertake an initial environmental audit.  …