Technical Guide on Business Control, Monitoring and Internal Audit of Construction Sector
Price:
R250/-
Pages:
276 (including initial
pages)
The construction
industry in India has
been witness to a
strong growth wave
powered by large
spends on housing,
road, ports, water
supply and airport development. With scale comes
complexity, as the global industry and number of
players are ever increasing, players navigate a tough
political, commercial, regulatory and governance
environment, which will test their risk management
ability to the maximum extent. As a result, the roles
and responsibilities of the members working as
internal auditors in construction industry has assumed
considerable significance.
1. Keeping this in view, the Internal Audit Standards
Board had issued "Technical Guide on Internal
Audit of Construction Industry" in 2010 that
comprehensively dealt with the peculiar aspects
of construction industry and provided a step-wise
approach for internal audit. In recent times, a
number of developments have taken place
impacting the construction industry in the country. ICAI NEWS
142 THE CHARTERED ACCOUNTANT may 2013 www.icai.org
1798
Considering this, the Internal Audit Standards
Board has issued this "Technical Guide on Business
Controls, Monitoring and Internal Audit of
Construction Sector" which covers more elaborate
guidance on internal audit and also covers business
controls and monitoring aspects. The focus of
this Guide is civil contracting firms, i.e., those
organisations which undertake the construction
activity on contractual basis; however, it is also
relevant for real estate developers and long term
infrastructure players.
Salient Features of Technical Guide:
• Describes evolution, benefits, special features,
major challenges faced by the construction
industry.
• Provides guidance on statutory laws applicable to
the industry.
• Provides guidance on aspects involved in
various stages of construction industry, such as,
tendering, site mobilisation, project execution,
project completion with more focus of functional
departments like, engineering, stores, human
resources, accounts, etc.
• Contains internal controls checklist for various
processes.
• Explains detailed procedures to be undertaken by
the internal auditors.
• Includes flowcharts to help the readers in
understanding the construction environment.
• The Guide also comes with a CD of the entire
Guide to ensure ease of reference and reusability.
Ordering Information
The publication can be purchased online. Please
refer link: http://www.icai.org/publications.html. The
publication is also available at the sales counters of the
Institute at New Delhi, Chennai, Mumbai, Kolkata and
Kanpur. To order by post, please send a demand draft
in favour of "Secretary, The Institute of Chartered
Accountants of India", payable at New Delhi to:
Postal Sales Department
A-29, Sector-62
Noida-201309
Phone: (0120) 3045943
E-mail: postalsales@icai.org
__._,_.___
No comments:
Post a Comment