000			06973nam a2200301 i 4500
008			080314t20082008njua b 001 0 eng
020			_a9780470376195 _qcloth
020			_a0470376198 _qcloth
035			_a(OCoLC)213495305
040			_aDLC _beng _cDLC _dBTCTA _dBAKER _dUKM _dC#P _dBWX _dYDXCP _dCDX _dBGU _dUtOrBLW _dBAUN _erda
049			_aBAUN_MERKEZ
050	0	4	_aHF5667 _b.H338 2008
082	0	0	_222
100	1		_aHarrer, Julie, _d1966-
245	1	0	_aInternal control strategies : _ba mid to small business guide / _cJulie Harrer
264		1	_aHoboken, N.J. : _bWiley, _c[2008]
264		4	_c©2008
300			_axi, 308 pages : _billustrations ; _c24 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references and index
505	0	0	_tContent _tPreface _tChapter 1 SEC?s Guidance on a Risk-Based Approach _tPurpose of Internal Control Over Financial Reporting _tHighlights of the SEC Staff Statement _tStaff?s Emphasis on Reasonable Assurance _tComments on Evaluating Internal Control Deficiencies _tDisclosures about Material Weaknesses _tInformation Technology Comments from the Staff _tCommunications with Auditors: An Unintended Consequence _tMessage for Small Business Issuers and Foreign Private Issuers _tChapter 2 Highlights of the PCAOB?s May 2005 Policy Statement _tPolicy Statement Highlights _tIntegrating the Financial and Internal Control Audits _tImportance of Professional Judgment _tTop-Down Approach and Role of Risk Assessment _tWhen Auditors Can Use the Work of Others _tAuditor?s Ability to Provide Advice to Audit Clients _tHow the PCAOB Inspections Help Drive Improvements _tA Final Comment _tChapter 3 Starting at the Top: Using Entity-level Controls to Create Efficiencies _tWhat Are Entity-Level Controls? _tHow Strong Entity-level Controls Can Reduce the Scope of Your Program _tHow to Apply COSO?s Recent Internal Control Guidance _tHow to Create a Winning Control Environment _tSteps for Creating a Useful Risk Assessment Process _tControl Activities _tCreating an Effective Information and Communication Program _tHow to Implement Successful Monitoring Controls _tHow to Assign Roles and Responsibilities to Enhance Internal Controls _tSmall Company Issues for Implementing Company-Wide Controls _tSummary of COSO?s Guidance for Smaller Public Companies _tChapter 4 Minimizing Excess through Proper Scoping and Planning Practices _tScoping Analysis: Event or Process? _tHow to Determine Materiality for Scoping Purposes _tHow to Use a Top-Down, Risk-Based Approach to Reduce the Scope of Your Program _tMethods for Determining Significant Locations _tSpecific Areas Included and Excluded by the PCAOB _tPCAOB and SEC Guidance on Other Common Scoping Issues _tChapter 5 Advantageous Project Management Techniques _t11 Areas of Focus for the Second Year and Beyond _tHow to Increase Productivity With a Sound Management Approach _tAim for the Target Instead of the Way to Get There _t11 More Project Management Tips _tStaffing Strategies _tRestructuring the Organizational Chart for Sustainability _tHow to Communicate Effectively through Emails, Meetings, and Advisories _tTactics for Dealing with Business Changes for Sections 302 and 404 Compliance _tChapter 6 Streamlining Documentation _tThree Ideas to Improve Your Overall Documentation Process _tClearing the Clutter: How to Create and Maintain Meaningful Control Matrices _tUsing Relevant Financial Assertions for Planning Purposes _tFinancial Assertion Help for Non-Auditors _tTechniques for Scrutinizing the Number of Key Controls _tHow to Reduce and Improve Controls with Standardization _tPractical Ideas for Documentation at International Locations _tHow to Create an Effective Spreadsheet Control Program _tHow to Create Strong Financial Reporting Controls _tTools for Assessing Control Design _tAn Alternative to Gap Remediation _tThree More Ideas for Improving Documentation _tChapter 7 Economical Testing Techniques _tTesting Control Design and Operating Effectiveness _tPractical Steps to Applying Guidance on the Nature, Timing and Extent of Testing _tSuggestions for Testing Significant Manual and Non-Routine Transactions _tUsing Update Tests to Ease the Burden of Testing at Year-End _tFive Ideas for the Timing of Control Tests _tTypes of Control Tests and When to Use Them _tWhy You Should Minimize the Use of Self-Assessment Tests _tMaximizing Your Auditor?s Reliance on the Work of Others _tMore Inspiration on Efficient Testing _tChapter 8 Methods for Remediation Madness _tDo All Controls Have to Be Remediated? _t?For Now? Approach to Remediation _tCreating Meaningful Remediation Plans _tNine Practice Tips for the Remediation Phase _tSufficient Periods for Remediated Controls _tSteps to Prepare for Re-Testing _tProject Management Tools for Remediation _tChapter 9 Taking the Mystery out of Evaluating Deficiencies _tDeficiencies Defined _tAnalytical Steps for Evaluating Deficiencies _tAre All Exceptions Considered Deficiencies? _tTechniques for Aggregating Deficiencies _tTypical Material Weaknesses _tUnique Nature of IT General Control Deficiencies _tMarket?s Reaction to Process Specific versus Pervasive Material Weaknesses _tHow to Improve Material Weakness Disclosures _tAS No. 4 and Reporting Whether a Previously Reported Material Weakness Still Exists _tSuccessful Communication of Deficiencies to Management and the Audit Committee _tSuggestions for Management?s Final Assessment Report _tChapter 10 Common Areas of Concern and How to Address Them _tControl Options for the Use of Service Organizations _tWhat to Do With Mergers and Acquisitions Activities _tA Unique Solution for Managing the Tax Process _tHow to Minimize IT Developer Access to Production Issues _tWhat to Do When Your ERP System Is Not Compatible with your Access Controls _tTips for Changing ERP Systems and Staying SOX Compliant _tPractical Ideas for Document Retention Requirements _tThoughts on Changing Accounting Firms _tChapter 11 Understanding The SEC?s Guidance for Management _tEvaluation Process _tReporting Considerations _tRule Amendments and Other SEC Guidance Related to Internal Control Over Financial Reporting _tChapter 12 The PCAOB?s Auditing Standard No. 5: _tEight Concepts to Focus the Audit on Matters Most Important to Internal Control _tNew Emphasis on Entity-Level Controls _tImportance of a Fraud Risk Assessment _tTips to Eliminate Unnecessary Procedures _tScaling Audits for Smaller Companies _tAppendix A: Simplified Sample Entity-Level Control Matrices _tAppendix B: COSO?s Internal Controls Checklist for Entity-Level Controls _tAppendix C: Standardized Period-End Process Control Matrix _tAppendix D: PCAOB Staff Question and Answer Index _tAppendix E: SEC Office of the Chief Accountant Frequently Asked Questions Index _tAppendix F: Summary of Changes Made to Auditing Standard No. 2 and the Related New Guidance _tIndex
650		0	_aAuditing, Internal
650		0	_aSmall business _xAuditing
900			_a30816
942			_2lcc _cKT
999			_c27629 _d27629