Description Internal Controls and Corporate Governance, 2e explains how internal controls help to safeguard an organisation's assets, prevent irregularity and fraud, promote operational efficiency and encourage adherence to management policies.
The clear, concise writing style and the logical, structured format of the text will help students to master the complexities of internal controls, and give them a broad understanding of the key principles of Corporate Governance.
New To This Edition
Two chapters which highlight the key principles and importance of corporate governance
Web-based activities to encourage students to extend their learning
A chapter on fraud highlighting the value of designing and maintaining a strong system of internal control
A separate section showing the advantages of a robust internal control environment in an age of e-commerce
Specific reference to new types of internals controls used to combat privacy issues, industrial sabotage and interception.
Features and Benefits
Chapter Elements/performance criteria begin each chapter - indicating exactly what will be canvassed
Chapter overviews introduce the main concepts to be covered
Self-check questions throughout each chapter make revision more effective and are useful for student self-study. Answers for these are provided at the end of the text
Key terms are highlighted, throughout each chapter, to increase students' understanding and a glossary (with full definitions) is provided for easy reference - at the end of the book
Case applications allow students to practise their skills and become competent -
by working through practical scenarios
Further revision material is provided at the end of each chapter - including multiple-choice questions and problems.
Contents:
The Accounting in Australia
Internal Controls Principles and Limitations
Internal Controls in Different Accounting
Cycles
Impact of a Computer Information System
(CIS)
Controls in the Computer Information System (CIS) Environment
Internal Control and Fraud
Internal Auditing
External Auditing
Not-for-profit organisations
The Purpose and Practice of Performance Auditing
Principles of Ethics
Overview of Corporate Governance
Corporate Governance Principles
About the Authors
Kevin Adams and Robert Grose are from the Department of Accounting at RMIT in Victoria. Don Leeson, also from Victoria, teaches Accounting at Central Gippsland Institute of TAFE. John Hamilton teaches Accounting at Ultimo TAFE in NSW. They all have many years experience teaching accounting.
