With an emphasis on value creation and leadership, this book will help organizations around the globe to build stronger internal audit functions, highlighting the latest risks including COVID-19 and the most cutting-edge tools to assess them.

1 Effective Internal Audit Engagement. 2 Understanding the Three Lines of Defense Model. 3 How to Add Value to the Organization. 4 Conducting Effective Audits: Opportunities for Enhancement. 5 The Business Monitoring Approach: Taking a Value Approach. 6 Risk Assessment Approach: Taking a Value Approach. 7 Defining the Audit Plan: Taking a Value Approach. 8 Audit Plan Capacity and Allocation of Resources. 9. Issue Validation Activities: Taking a Value Approach. 10 Audit Working Papers and Detailed Review. 11 How to Manage the Stakeholder Relationship? 12 Tips for Planning a Smart Audit. 13 Data Analytics Tools and Continuous Auditing. 14 How to Complete Audits in 90 days? 15 First Class Internal Audit Team. 16 Audit Team Training and Development. 17 Tips to Manage and Motivate the Audit Team. 18 How to Recognize a World Class Internal Audit Function? 19 Top Internal Audit Risks and Hot Topics During the Pandemic. 20 Internal Audit Role in Fraud Assessments. 21 Internal Audit Role in Auditing Culture. 22 Internal Audit Role in Auditing Blockchain. 23 Chief Auditor Executive Role