List of abbreviations. 1 Introduction. Introduction. 1.1 Reasoning behind the Book. 1.2 The IIA Standards and Links to the Book. 1.3 How to Navigate around the Book. 1.4 The Handbook as a Development Tool. 1.5 The Development of Internal Auditing. Summary and Conclusions. Chapter 1: Multi-Choice Questions. References. 2 Corporate Governance Perspectives. Introduction. 2.1 The Agency Concept. 2.2 Corporate Ethics and Accountability. 2.3 International Scandals and their Impact. 2.4 Models of Corporate Governance. 2.5 Putting Governance into Practice. 2.6 The External Audit. 2.7 The Audit Committee. 2.8 Internal Audit. 2.9 The Link to Risk Management and Internal Control. 2.10 Reporting on Internal Controls. Summary and Conclusions. Chapter 2: Multi-Choice Questions. References. 3 Managing Risk. Introduction. 3.1 What is Risk? 3.2 The Risk Challenge. 3.3 Risk Management and Residual Risk. 3.4 Mitigation through Controls. 3.5 Risk Registers and Appetites. 3.6 The Risk Policy. 3.7 Enterp...