First Quarter 2006

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Recently Published Projects

Research Reports

XBRL: Potential Opportunities and Issues for Internal Auditors

Glen L. Gray, PhD, CPA with XML/XBRL Tutorial by Clinton E. White, Jr.

XBRL (eXtensible Business Reporting Language) is a global standard for sharing business information. XBRL provides major benefits in the preparation, analysis and communication of business information, all at a reduced cost. XBRL provides standardized controls that can result in improved efficiency and effectiveness of the audits.  As such, it is important that internal auditors be proactive and stay ahead of the curve on XBRL.

This report, prepared by a member of the XBRL International Consortium:

• Introduces XBRL.
• Discusses its benefits and uses.
• Includes hands-on XML/XBRL tutorials.
• Summarizes what it all means for internal audit.

Educational Products

Construction Audit Guide: Overview, Monitoring, and Auditing

Denise Cicchella, CIA, CFE

Whether building a new office, improving real estate portfolios, or refurbishing and modernizing existing property, construction projects can present significant risks for an organization. Construction projects offer fertile ground for fraud and mismanagement. Auditors are best qualified and placed in the organization to assist in establishing construction controls and in appraising progress to mitigate project risks. Ongoing audits can provide senior executives with relevant and timely governance issues as they occur.

This handbook provides a framework to make sure you address the risks for your projects. It includes the ABC’s of a successful construction project, coverage of construction basics, understanding the world of contractors, and when and how to audit the project. It will provide you with:

• Testing, reporting, and staffing strategies.
• Help in identifying different areas of risks and how to mitigate them.
• Knowledge of which documents to ask for and when to ask for them.
• Means to determine hidden costs and avoid paying for work not bargained for. 

Survey Risk Management and Mapping Process- Design, Implementation, and Evaluation

Translated by IFACI (IIA France)

Certified Government Auditing Professional Examination Study Guide, Third Edition

James K. Kincaid, CGAP, CFSA; William J. Sampias, CISA, CFSA; Contributing Editor Albert J. Marcella Jr. Ph.D., CISA, CFSA

The purpose of this study guide is to help you prepare to pass the Certified Government Auditing Professional (CGAP) Examination. The guide provides a general overview of the topics that will be covered in the exam. However, it is critical that you perform additional study in areas where your experience or background dictates the need for additional review. A list of reference materials is included to provide additional resources to supplement your study. 

Academic Research

The IIA Research Foundation also provides sponsorship to academic scholars conducting research in internal auditing.

For a list of products coming soon, click here.