A comprehensive how-to book that guides the reader on performing risk management-based audits. The book covers the Enterprise Risk Management - Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Auditor's Risk Management Guide: Integrating Auditing and ERM is a comprehensive how-to book that guides the reader on performing risk management-based audits. The book covers the Enterprise Risk Management - Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Following the passage of the U.S. Sarbanes-Oxley Act of 2002 and its strict corporate governance and accountability provisions, developing better risk management techniques is becoming more important in meeting higher audit committee expectations. Written by an audit practitioner, that's where this practical guide comes in. The first part of the Auditor's Risk Management Guide provides a broad understanding of corporate governance, ERM principles, and different audit approaches. It also provides step-by-step instructions on how to execute the risk management-based audit, including frequently asked questions. The second part of the book is devoted to detailed case studies that illustrate the risk management-based audit methodology and tools in different scenarios, beginning with a business risk assessment and working through common audit areas such as closing the books, accounts payable, and accounts receivable. Practice Pointers and Observations throughout provide additional commentary to assist the reader in understanding the methodology. A free CD-ROM included with the book provides electronic versions of the various work programs, checklists, and other tools in the book. The programs and checklists are presented in a format that helps the auditor understand what questions need to be asked and answered as he or she executes the methodology. - See more at: http://www.theiia.org/bookstore/product/auditors-risk-management-guide-integrating-auditing-and-erm-2009-1426.cfm#sthash.bZYeQSpw.dpuf