In the light of the Credit Crunch, methods for increasing the effectiveness of auditing has weighed heavily on the minds of those responsible for the governance of a corporate. When a business is making a healthy profit and paying healthy dividends to its shareholders, fraudulent activities and accounting irregularities can go unnoticed. However, when revenue and cash flow declines, internal costs and operations are scrutinised more diligently and discrepancies can be more easily detected. Effective Auditing for Corporates provides proactive advice exploiting the concerns of business leaders who have realised that effective auditing is fundamental to the financial health of a company, and key to how shareholders and potential investors perceive the underlying value of a company. This book is the essential guide that both acts as a refresher of what is required from an internal and external audit and the processes and structures required to ensure the tasks are accomplished as effectively as possible. Aimed primarily at auditors but of significant importance to risk managers, CFOs and consultants, Effective Auditing for Corporates not only covers the financials and regulatory compliance, but also the crossover between the roles of internal and external auditor. Further areas covered will include: * General audit management * Compliance and corporate audit * The internal audit and the governance audit * Up-to date coverage and comment on regulation globally.