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This ebook offers a comprehensive guide to internal auditing in savings and credit cooperative societies (SACCOs). It covers the definition and role of internal auditing, the objectives and types of internal audits in SACCOs, and the internal audit process. The ebook also introduces risk-based internal auditing, internal controls, fraud and forensic auditing, and best practices in internal auditing. It concludes with a discussion of the challenges and opportunities facing SACCOs in terms of internal auditing. The importance of internal auditing in SACCOs is emphasized, and guidance on future…mehr

Produktbeschreibung
This ebook offers a comprehensive guide to internal auditing in savings and credit cooperative societies (SACCOs). It covers the definition and role of internal auditing, the objectives and types of internal audits in SACCOs, and the internal audit process. The ebook also introduces risk-based internal auditing, internal controls, fraud and forensic auditing, and best practices in internal auditing. It concludes with a discussion of the challenges and opportunities facing SACCOs in terms of internal auditing. The importance of internal auditing in SACCOs is emphasized, and guidance on future directions for internal auditing is provided. Appendices include a sample internal audit plan, an internal audit checklist, and a glossary of terms. This ebook is a valuable resource for SACCOs looking to improve their internal auditing processes and ensure compliance with regulatory and legal requirements.
Autorenporträt
Daniel w. Njuguna is a Bcom Graduate (Accounting option-1st Class) from Mt. Kenya University. He is also a qualified accountant holding a CPAK and is a member of ICPAK. He has worked in various capacities including being a Finance Manager in a financial institution, Lecturing in Advanced Public Finance and Taxation, Advanced Auditing and Assurance, Auditing and Assurance, Strategy Governance and Ethics, Principles of Management, and Communication Skills; and has also audited in audit firms and financial institutions.