The 2nd edition of The Essential Handbook of Internal Auditing is a condensed version of the highly successful Internal Auditing Handbook. It shows the reader how to understand the audit context and how this context fits into the wider corporate agenda. The new context is set firmly within the corporate governance, risk management and internal control arena. The new edition includes expanded coverage on risk management, and updated throughout to reflect the new IIA standards and current practice advisories. In addition to the authors own views of the auditors role, the reader is provided with a range of professional standards and guidance that provides a valuable source of various key issues and developments. The book includes many helpful models, multiple-choice questions, and checklists that provide a short cut to understanding the work and coverage of internal auditing.