Information Quality Assurance and Internal Control for Management Decision Making or World Economy

Information Quality Assurance and Internal Control for Management Decision Making

Author: William R Kinney

This new text reflects Bill Kinney's experience on the special committee of assurance services,The Elliot Committee. The book is not designed to train students to be auditors. Instead,it has a strategic orientation and is intended for future managers,bankers,investment bankers,analysts,investors,IT consultants,and practicing CPAs. It is unique in that it builds upon related courses in finance,strategy,operations management,information technology,and financial and managerial accounting.

There are two broad objectives of the book: 1. To introduce business students to the use of auditors and internal control to run a business better by lowering the costs of capital,production and distribution. 2. To assist accounting students by integrating their knowledge of financial and managerial accounting,information technology,and business strategy with the role of professional assurers.

Table of Contents:

Chapter 1: Introduction and Overview
Section I: Informing Yourself
Chapter 2: Business Measurement Systems: Information Relevance
Chapter 3: Business Measurement Systems: Information Reliability and Risk Assessment
Chapter 4: Internal Control over Transactions
Chapter 5: Analytical Monitoring: Business Operations Analysis and Account Modeling Procedures
Chapter 6: Detailed Monitoring: Tests of Controls, Transactions, and Balances
Section II: Informing Others
Chapter 7: Informing Outsiders: Management Assertions and Independent Certification
Chapter 8: Financial Audits, Adjustments, and Disclosures
Chapter 9: Auditor's Reports and Their Interpretation
Chapter 10: Other Certification, Investigation, and Origination Assurance Services
Section III: Public Disclosure Laws and Regulations
Chapter 11: Regulatory Reporting and Disclosure from Management's Perspective
Chapter 12: Legal and Ethical Responsibilities

Interesting book: Statistical Methods for Food and Agriculture or Managerial Accounting

World Economy: Resources Location Trade and Development

Author: Frederick Stutz

Globalization—the growing integration of economies and societies around the world—continues to transform the world economy at an ever-increasing rate. This new world economy links distant peoples and places so that what happens in one place shapes what happens in another through networks of interdependence. For example, many US. and European companies have chosen to outsource some of their operations to other countires. The people pictured on the cover provide services to overseas companies from Bangalore, India. While most people recognize the widespread changes brought about by globalization, many disagree on whether the benefits outweigh the costs. Economic geography provides an excellent vehicle toward understanding today's increasingly interdependent world.