BOOK OF THE MONTH

 
Auditing Social Media: A Governance and Risk Guide
  Balanced Scorecard

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The IIARF Bookstore has just released The Balanced Scorecard: Applications in Internal Auditing and Risk Management to help internal audit practitioners take advantage of this powerful performance management tool used by leading organizations around the world.
 
In the 12 years since Mark Frigo, Ph.D., CPA, CMA, published his first book with the Bookstore, A Balanced Scorecard Framework for Internal Auditing Departments, a lot has changed within the profession. Frigo incorporates developments within the profession, feedback from a CAE roundtable hosted by The IIA–Chicago Chapter in December 2012, and numerous insights gleaned from CAEs at leading companies such as ADP, Allstate Insurance, Morningstar, Raytheon, and others into his latest publication to allow readers to engage the full power of this popular management tool.
 
The Balanced Scorecard framework presented in the book provides an overview of concepts and terminology for those less familiar with the tool. Frigo then delves deeper into how the Balanced Scorecard card can help CAEs to:

  • Describe and communicate the internal audit department’s strategy.
  • Translate that strategy into strategic objectives and performance measures.
  • Develop performance measures for the internal audit function that are linked to organizational strategy. 
  • Facilitate continuous improvement in the internal audit function.
  • Showcase the role and value of the internal audit function.
Of equal interest to CAEs and practitioners alike is Frigo’s discussion of how strategy maps can be used to more effectively conduct strategic risk assessments and aid in risk management.
 
Thank you IIA–Chicago Chapter for your sponsorship of this IIARF publication.
 
Book Item No: 1153 / Member Price: $40.00/ Nonmember Price: $50.00

Use promotion code CHAPTER and save 20% on this product through April 30, 2014.
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