More now than ever before, auditing is in the spotlight; legislators, regulators, and top executives in all types of businesses realise the importance of auditors in the governance and performance equation. Previously routine and formulaic, internal auditing is now high-profile and high-pressure! Being an auditor in today's complex, highly regulated business environment involves more than crunching the numbers and balancing the books - it requires ensuring that appropriate checks and balances are in place to manage risk throughout the organisation.

Designed to help auditors in any type of business develop the essential understanding, capabilities, and tools needed to prepare credible, defensible audit plans, Audit Planning: A Risk-Based Approach helps auditors plan the audit process so that it makes a dynamic contribution to better governance, robust risk management, and more reliable controls. This publication provides new auditors with principles and methodologies they can apply effectively and helps experienced auditors enhance their skills for success in the rapidly changing business world.