În contextul turbulenţelor economice şi al amplificării şi diversificării riscurilor la care sunt expuse companiile, auditul intern joacă un rol tot mai important. Acesta este potenţat de includerea ...auditului intern ca o componentă a guvernanţei corporative, legată de interesele investitorilor şi ale altor părţi interesate. Cercetarea de faţă este bidimensională. Prima componentă include revizuirea literaturii de specialitate privind auditul intern. Cea de a doua componentă include o cercetare calitativă privind identificarea coordonatelor organizaţionale ale auditului intern la nivelul companiilor, prin raportare la cerinţele de reglementare specifice, în perioada pandemică. Rezultatele au evidenţiat interferenţe şi limite cu privire la conformarea cu practicile organizaţionale reglementate privind auditul intern, în raport de sectorul de activitate în care activează companiile.
In light of the function of Internal Auditing and its significance in assessing and ensuring the validity of data, information, reports, and high lists generated by the Accounting Information System ...and improving its credibility and dependability, the purpose of this study was to investigate the relationship between Internal Auditing (IA) and Accounting Information System (AIS) in Jordanian banks, with a focus on the mediator role of Organizational Commitment (OC). A cross-sectional survey method was used to collect data from a sample of employees who work in banks, including those who work in the internal audit department. The collected data were analyzed using SPSS 26.0 and PROCESS V4.1. The study sample includes 193 employees who work in banks, including those who work in the internal audit department. Descriptive statistical methods, such as frequencies, percentages, means, and standard deviations, were employed to depict both the characteristics of the sample and the participants’ responses to the study items. The results indicate that IA has a positive relationship with AIS. Moreover, the results indicate that OC partially mediates the relationship between IA and AIS in Jordanian banks.
ABSTRACT
Approaches to risk governance are not homogeneous across organizations. Some organizations invest heavily in building formal and strategically focused enterprise-wide risk governance ...processes whereas others exhibit reduced formality and focus, allowing risk governance to be less structured. We argue that risk governance may best be described as a service dependent upon a network (or ecosystem) of participants who include users of risk information and providers who design and implement risk governance processes. Using a survey sample of 2,380 observations from 2011 to 2016, we find that external calls for enhanced risk governance are positively associated with risk governance processes having greater formality and strategic focus. We find this relationship is partially mediated by internal demands for enhanced risk governance. Further, we find that the positive association between internal demands and enhanced risk governance is reduced by resource constraints and that a risk-seeking attitude is negatively associated with enhanced risk governance.
Data Availability: Contact the authors.
JEL Classifications: G30; M10; M14; M40.
ABSTRACT
Using a comprehensive database of U.S. internal auditor job postings, we find that firms are about 10 percent more likely to post an internal auditor job after the revelation of accounting ...and operational failures. Also, the demand for internal auditors is stronger when a failure is more severe. Among firms posting internal auditor jobs, firms demand higher-quality internal auditors in response to a failure compared with when there has not been a recent failure. We find evidence of internal audit demand spillovers through connected directors, which helps mitigate concerns that the primary results are due to replacing internal auditors that recently left or due to endogenous links between hiring internal auditors and failure revelations. Overall, our evidence suggests that firms demand internal auditors to help ensure high-quality financial reporting and effective operations.
JEL Classifications: G34, J23, M41, M42.
The focus of this study is the relationship between chief audit executives (CAEs) and senior management (SM) and its relationship with internal audit (IA) effectiveness. The study reveals differences ...between more and less effective IA functions and offers explanations by studying organizational, personal, and interpersonal factors within the German corporate governance context. The findings show that the pattern of interaction between CAEs and SM is a key determinant of IA effectiveness. This study highlights the danger of viewing customer satisfaction as the key measure of IA effectiveness since in practice expectations can vary significantly and as sometimes very little may be demanded. Moreover, CAEs typically adjust to expectations, upward and downward. CAEs can drive the agenda as well. When it comes to personality factors, "Fingerspitzengefühl" and swimming in the organization characterize the successful internal auditor. IA designations for CAEs were not found to be of added value. At the organizational level, the findings show that companies that are considered as "hidden champions" demand and benefit from effective IA practices.
Purpose
This paper aims to investigate the impact of family involvement in ownership and governance on the quality of internal auditing.
Design/methodology/approach
Leveraging a hand-collected data ...set of listed family firms from 2014 to 2020, this study uses regression analyses to investigate the impact of family ownership, family involvement on the board, family CEO and the generational stage of the family business on the quality of internal auditing.
Findings
The results provide evidence that family ownership is positively associated with the quality of internal auditing, while later generational stages of family businesses have the opposite effect. Additional analyses reveal that the presence of a sustainability board sub-committee moderates the relationship between generational stages of family businesses and the quality of internal auditing function.
Research limitations/implications
This paper does not consider country-institutional factors and other potentially family-related antecedents or governance factors that may affect the quality of internal auditing.
Practical implications
The results are informative for investors and non-family stakeholders interested in understanding under which conditions family-related factors influence the quality of internal auditing functions.
Originality/value
This study offers fresh evidence regarding the relationship between family-related factors and the quality of internal auditing and board sub-committees that moderate such a relationship in family businesses.
The purpose of this paper is to examine the importance of Corporate Governance and Internal Audit at the Real Estate, Investment Properties and Construction sector in Greece and the United Kingdom. ...We conducted a survey to a large number of Greek and UK publicly listed firms operating at the Real Estate Sector based on their turnover and the accessibility of data such as numbers of employees and Internal Audit Department Structures. Specifically, we distributed a large number of structured questionnaires to Audit Committee and Internal Audit members to assess the impact of Corporate Governance best practices and Internal Audit operations at the Real Estate Industry. Our conclusion was that Internal Audit and Corporate Governance play a significant role to the Real Estate industry as they are positively associated with the sustainable development of the Real Estate Industry. Moreover, improved Corporate Governance and Internal Audit is associated with less development costs.
У цьому дослдженш основна увага придыяеться Heo6xidHocmi внутршнього аудиту в cucmeMİ державного управлтня Грецп, а точнше - в мнЫтерствах i Нащональному управлтт прозоростi, з урахуванням Ынуючо'г' ...нацтнально'г' та мжнародног нормативноправовог бази, що регулюе внутршнш аудит. Вш дослЫжуе Ынування, структуру, порядок тдпорядкування i обов'язки тдроздшв внутршнього аудиту на оснот опублтованих документы для мтктерств Грецп. Ерш того, в цьому дослЫженш основна увага придыяеться рoлi недавно створеного Незалежног нацЫнального органу İ3 забезпечення прoзoрoстi як наступника шести найбыьших аудиторських оргатв державного управлЫня Грецп i аналЫуеться його важливЫть для управлтня державним управлтням за допомогою аналЫу дiяльнoстi ттегрованого органу державного управлтня. Органи аудиту. Результати показали, що быьшкть тдроздшв внутршнього аудиту мнЫтерств знаходяться на рЫш управлтня в оргатзацтнт структурi мтЫтерств, що тдпорядковуеться безпосередньо мнЫтру i що 'х обов'язки, як i в вЫпотдних оргатзащях, аналогтт. Ерм того, результати показали, що деякг аудиторсьт органи в пертд 20152017рр., Аж до гх включення до Нащонального орган прозоростц вдповдно до статтi 82 Закону 4622/2019, быьш продуктивна нЖ тшi, з точки зору аудиторськог роботи, i це викликае початок аудиту може бути рЖим для рЖих аудиторських оргатв.
ABSTRACT
With the growing role of information technology (IT), many organizations have incorporated IT governance practices that include keeping executives apprised of IT risks. To perform this ...function, organizations rely upon their internal audit staff to obtain an independent evaluation of IT risks. Although both general and IT auditors are involved in assessing IT risks, they may not be equally adept at identifying such risks. We draw on the expert versus nonexpert perspective to understand how general and IT auditors perceive IT risks differently. Through a quasi experiment with 70 internal auditors of a financial institution, we found that general auditors perceived IT risks to be lower than their IT audit colleagues. We also found that personal IT risk preferences influenced the level of IT risks that general auditors perceived. Personal IT risk preferences did not affect the risk perceptions of IT auditors. Implications for both research and practice are discussed.
