Investments probably rank in the top 10 of the most difficult and challenging of all audit areas. Todayâs headlines are full of investment disasters. Organizations have lost millions of dollars using complicated, often misunderstood investment strategies. \n\nAuditing Investments leaves the guesswork behind and shows step-by-step how to prepare for this type of audit. In a concise, easy-to-read format, it covers the main areas of a typical investment infrastructure, including:\n\nTrading\nPortfolio management\nResearch\nTrade settlement\nMaintaining custodian relationships\nPrincipal and income collection\nInvestment accounting and reporting\nPerformance tracking\nAsset and liability management\nCounter-party underwriting\nAuditing Investments includes detailed Audit Checklists, helpful Investment Web Sites, and Suggested Readings to enhance your knowledge of investments. It is a valuable tool designed to help alleviate the anxiety of auditing this complex, high-risk area.