An investigation into factors affecting the internal audit effectiveness: a survey on the libyan commercial banks by hassan musbah aburabe (814463) thesis submitted to othman yeop abdullah graduate school of business. Based on the review, these previous studies is very important and contribute to the audit literature by employing a direct measure of financial statement fraud and demonstrating a systematic negative association between audit firm tenure and probability of financial statement fraud. To organize the literature review, i classify the area of post-sox audit committee research into five main domains: external auditing, financial reporting process, internal control deficiencies, earnings management, and other studies.
The internal audit template for clinical areas was designed to address the following four internal audit domains: each of the four audit areas contains a number of criteria, explicit statements that define what was measured objectively through the internal audit process. The theory is mainly based on the internal auditing and internal control literature data concerning the case company is collected by interviews and secondary the second chapter explains the methodology used in this research a literature review of the theory of internal audit and internal control is in chapter three the fourth chapter. Allows an internal audit function to measure itself against organization policies, stakeholder expectations, and industry best practices quality assurance review is a fact of life for internal audit departments.
Effectiveness of internal audit in the public sector this 8 page paper looks at the concept and practice of internal audit in the public sector, discussing why internal audits are undertaken, what they measure, who performs them, the approaches which can be adopted and the direct and indirect impacts that internal audits can have on an organization operations and performance. The purpose of this review of recent internal auditing literature in asia pacific is to document how the internal audit function is changing in response to the shifts in global business practices. This chapter discusses staffing and managing the internal audit function (iaf) as a component of organizational governance, and has two main purposes comprehensive literature review of all relevant articles or research rather, it is intended that _____ chapter 6: managing the internal audit function 175 the institute of internal. A review of archival auditing research a dominant feature of the literature we review is its primary focus on audit quality as a result, we structure our discussion around the following four questions: (1) what is audit quality research on the internal audit function (iaf) is still in its infancy interesting questions include whether.
And internal audit 2 literature review because risk management is an important but complex process of scientific approach to risk research in this area are multiple and can be classified in the sub-areas of scientific research specialists in the field concerned with states. 1) internal audit-it is an independent appraisal activity within an organization to review the operations and records as to service for management and is done by. The asia pacific literature review on internal auditing cooper, barry j, leung, philomena and wong, the purpose of this review of recent internal auditing literature in asia pacific is to document how the internal audit function is changing in response to the shifts in global business practices. Reviewing the effectiveness of internal control at the heart of the guidance is the premise that sound internal control is best achieved by a process firmly embedded within a company’s operations.
– the literature in the americas is reviewed with a focus on developments that have implications for the expanded scope of internal auditing and the changing skill sets of internal auditors. The purpose of this review of recent internal auditing literature in the americas is to document how the internal audit function is changing in response to the shifts in global business practices. This is a research proposal on the petroleum industry the aim to ensure an effective internal control system, internal auditing is practiced in all types of organizations, which the petroleum retailed industry is not an exception however, the methods adopted in conducting the internal audit activities, checking and verifying are diverse, sometimes perverse and burdensome, and always costly.
The purpose of this review of recent internal auditing literature in the americas is to document how the internal audit function is changing in response to the shifts in global business practices design/methodology/approach – the literature in the americas is reviewed with a focus on developments that have implications for the expanded scope. Literature review on internal control system 1755 words apr 20th, 2011 8 pages internal control can be described as any action taken by an organization to help enhance the likelihood that the objectives of the organization will be achieved. Internal auditing in the middle east and north africa: a literature review author links open overlay panel mahmoud al-akra a waleed abdel-qader a mamun billah b r melville, g sarensthe european literature review on internal auditing managerial auditing journal, 2 (8) (2006), pp 845-853.
The value of public sector audit: literature and history david hay view all most downloaded articles idiosyncratic information and the cost of equity capital: a meta-analytic review of the literature max schreder the most downloaded articles from journal of accounting literature in the last 90 days. Performance audit, operational audit, internal audit etc facilitate for the research review of literature literature review is the crucial part of any research this helps the researcher avoid reinventing past contributions and results this focuses on the past chapter-2 review of literature. Literature review on internal audit survey finds internal audit risk assessments inconsistent year: august, 2007 the report suggests that internal auditing needs to identify areas of high and moderate risk that are part of the internal audit plan but have been deferred or cancelled because of the organization’s focus on sarbanes-oxley section. Internal audit 1 internal audit ‘internal audit’ is an appraisal activity established by management for the review of accounting and internal control systems as a service to the entity it reviews , monitors and make recommendations for the improvement of systems.