In Control: An Internal Audit Guide
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In Control: An Internal Audit Guide for Parking and Transportation Compliance, Risk, and Fraud Prevention

by Katherine Beaty, PTMP

Parking may look simple from the outside —after all, it is “just parking”. But behind every payment, permit, validation, gate, citation, and monthly account is a complex environment filled with financial, contractual, compliance, liability, and fraud risk.

In Control: An Internal Audit Guide for Parking and Transportation Compliance, Risk, and Fraud Prevention is a practical guide to understanding how parking operations really work—where revenue can be lost and how auditors, operators, owners, and public agencies can identify risks before they become bigger problems.

Written for parking professionals, auditors, finance teams, consultants, and anyone responsible for oversight, it explains the industry in clear, real-world terms: revenue streams, cash handling, permits, validations, enforcement, reporting, contract compliance, system access, reconciliations, documentation, and segregation of duties.

Rather than treating parking as a simple transaction, this guide shows how everyday operational decisions connect directly to financial results and organizational accountability. It offers practical questions, real examples, and the audit conversations that apply across airports, municipalities, universities, hospitals, hotels, valets, private operators, and mixed-use environments.

Whether you are new to parking, new to auditing, or an experienced professional looking for a stronger framework, In Control is your roadmap for evaluating controls, following the money, and understanding one of the most overlooked—and misunderstood—revenue environments in the built world.

About the Author

Katherine Beaty, PTMP, has spent nearly three decades in the parking industry, specializing in operations, auditing, implementations, consulting, fraud prevention, technology development, and leadership