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A Pocket Guide to Risk Mathematics: Key Concepts Every Auditor Should Know Paperback – 9 Apr 2010

5.0 out of 5 stars 4 customer reviews

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Product details

  • Paperback: 202 pages
  • Publisher: John Wiley & Sons (9 April 2010)
  • Language: English
  • ISBN-10: 0470710527
  • ISBN-13: 978-0470710524
  • Product Dimensions: 12.7 x 1.6 x 17.3 cm
  • Average Customer Review: 5.0 out of 5 stars 4 customer reviews
  • Amazon Bestsellers Rank: 1,633,919 in Books (See Top 100 in Books)
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Product description

From the Author

This book is a practical response to the credit crunch. I wanted to give internal auditors the power to spot dodgy risk analysis for themselves, even in situations where there's some mathematics involved.

The book does not teach you the technical details of symbolic mathematics. That would take years. Instead it explains the concepts involved in a far more accessible way, which is how it manages to cover so many topics so quickly.

Feedback so far has been great. It is good to hear from auditors who have been reading it carefully, taking it all in, and building up their knowledge. People I know who are not auditors are also buying it because having a wide conceptual knowledge of risk mathematics and the ability to spot conceptual mistakes is valuable to them too.

Because people are interested in understanding more about the audit reviews that should be possible with this knowledge, I have written a short article to explain the possibilities and limitations.

From the Back Cover

This uniquely accessible, breakthrough book lets auditors grasp thethinking behind the mathematical approach to risk withoutdoing the mathematics.

Risk control expert and former Big 4 auditor, Matthew Leitch, takes the reader gently but quickly through the key concepts, explaining mistakes organizations often make and how auditors canfind them.

Spend a few minutes every day reading this conveniently pocketsized book and you will soon transform your understanding of thishighly topical area and be in demand for interesting reviews withrisk at their heart.

"I was really excited by this book - and I am not amathematician. With my basic understanding of business statisticsand business risk management I was able to follow the argumentseasily and pick up the jargon of a discipline akin to my own butnot my own."
--Dr Sarah Blackburn, President at the Institute ofInternal Auditors - UK and Ireland

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13 December 2010
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30 April 2010
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