Internal Auditing: Uncover the Myths, Discover the Value

New from the Internal Audit Foundation!

There is no question that the internal audit profession has a compelling value proposition. It upholds the virtues of righteousness, continuous improvement, excellence, achievement, accountability, and positive change, to name a few. Internal audit activities serve as a hedge for organizations against mediocrity, erosion of ethical values, and corruption. 

In Internal Auditing: Uncover the Myths, Discover the Value, author Rick Wright provides a brief history of internal auditing and presents a number of tangible ways internal audit functions create and add value.

Chapters include: 

• The value proposition
• Internal auditing myths
• Three lines of defense
• How internal audit is governed and managed
• The contemporary practice of internal auditing
• Tools of internal auditing

The internal audit value proposition is alive and well. Internal audit functions all around the world are delivering value to their organizations through objectivity, assurance, and insights. Today, and in the future, internal auditors will play a critical role in helping the organizations they serve to better manage risk and achieve their objectives. 

About the Author:

Rick A. Wright Jr., CIA, is director of internal audit and enterprise risk management for YRC Worldwide. He has more than 20 years of experience in internal audit practice and training. 

Item Number: 10.1198