This article sheds light on the reasons for practice variation in internal auditing (IA) introduction and development. From a policy perspective, the article's findings highlight the relevance of ...accounting and accountability reforms as a crucial step for developing a new 'awareness' of the importance of internal controls and illustrate how IA can provide assurance on the internal control system. A further implication is that there is no 'one-size-fits-all' solution because different contexts need different IA models to mitigate the power and interests of the actors involved to ensure that IA is effective in terms of day-to-day activities.
Nowadays, internal audit procedures are increasingly supported by the use of technological tools, such as integrated ERP (Enterprise Resource Planning) systems, aiming to improve the performance of ...internal auditors, as well as the effectiveness and efficiency of their work. In fact, the adoption of these systems, together with a good implementation strategy, enhances the strengths of a business, while mitigating its weaknesses. This study, through a questionnaire, aims to understand the impact of ERP systems on internal audit work in Portugal. Starting by understanding which systems, modules and functionalities are most used, the study also aims to assess how these systems influence the effectiveness and efficiency of audit work and also the level of satisfaction of internal auditors in their use. The main findings show that there is a wide variety of ERP systems used by internal auditors in Portugal, the most used being SAP ERP, and the Financial Accounting, Treasury and Purchasing modules. It is also concluded that internal auditors agree that the use of ERP functionalities positively influences the effectiveness and efficiency of their work, and they are generally satisfied with the use of these functionalities in their work.
Анотацш. Вийськови дп та военний стан в УкраМ суттево вплинули на дияльнисть тдроздтю внутрШнього аудиту центральних органив виконавчоИ влади. Виддалена робота працивникив тдроздту, неможливiсть ...безпосередньоН взаемодп з об'ектами аудитив обмежуе функцй внутрШнього аудиту, але при цьому, не втрачаеться його важливiсть в управлтт публичними финансами. Новi виклики вимагають вид внутрШних аудиторiв тдвищенням якостi проведення аудитiв, яка безпосередньо залежить вiд кшьюсного та якисного складу тдроздшв внутрШнього аудиту. Метою статтi е розробка концептуальних засад пидвищення якостi кадрового забезпечення пiдроздiлiв внутрШнього аудиту в державних органах влади. Анализ укомплектування, организации дiяльностi з внутрШнього аудиту у головних розпоряднитв бюджетних коштiв та Их тдвидомчих установах за 2017-2021 рр. свiдчить про постийне зменшення штатноИ чисельностi та збильшення вiдсотку вакантних посад внутрiшнiх аудитора. Виникнення такоИ ситуаци е наслидком низки чинникив, але найвагомiший з них - це недостаттсть висококвалiфiкованих, вмотивованих кадрив, як б володили професийною компетентнiстю, що Грунтуеться на вiдповiднiй освiтi та практичному досвiдi, для належного виконання аудиторських завдань. У статтi запропоновано чотирьохрiвневу модель пiдготовки фахiвцiв з професп «державний внутришний аудитор», яка забезпечуе поступове формування фахових компетенций та практичного досвиду, починаючи вид засвоення базових теоретичних знань у вищих навчальних закладах до обов 'язковоИ сертификацИ на робочому мисци. Для реализацп наданих пропозиций важливо на законодавчому pieHİ закртити вимоги до освтньо-професшного ртня претендент^ на посаду внутршнш аудитор, а також обов 'язковi вимоги щодо пiдвищення Их квалiфiкацii пiсля зарахування на цю посаду. Досл^ження кнуючих на сьогоднi законодавчих та нормативних документw з питань органпацИ дiяльностi пiдроздiлiв внутрШнього аудиту органт центральноИ влади, св^чить про вiдсутнiсть будь-яких норм, як б чтко регулювати дат питання.
This paper discusses the link between accountability and internal auditing, particularly analyzing the extent to which the latter contributes to improve the former, in Higher Education Institutions ...(HEIs). This study applied a questionnaire to the management boards of a sample of HEIs, to empirical analyze the relationship between internal auditing and accountability. The main focus was on internal auditing carried out by the offices or departments in those institutions. The paper contributes to understand how management boards perceive internal auditing to foster transparency and accountability in HEIs, allowing to corroborate that auditing, and particularly internal auditing, favors the institutions’ accountability. In effect, it promotes the principles underlying accountability practices. The information provided in the scope of internal audits is acknowledged as contributing to improve management effectiveness and helping in decision-making. HEIs wanting to create an internal auditing office or to enhance the role of an existing one, should develop this office’s activities so that it becomes an instrument to support accountability and good governance of the organization. The sample consisted of Portuguese public HEIs, universities and polytechnics. Despite a certain international convergence regarding this type of public sector organizations, and regarding their purposes and governance, certain contextual specificities might limit the generalization of the findings for other jurisdictions.
There is a growing interest in the organisational resilience. The internal audit function can contribute to growing and maintaining organisational resilience by including the topic in the internal ...audit plan. Auditing it requires a reference model. The study described used a mixed methods approach to develop a reference model for auditing organisational resilience. Six relevant hard and soft (behavioural) elements of resilience are determined: people, culture, strategy, processes, governance and regulation. The internal audit function can use the tool to assess attention areas to include in the audit scope and formulate a specific reference framework for the organisation.
This paper presents a theoretical framework for a new concept of organizational control, that stimulates organizational change and adaptation. It introduces Participatory Control Systems (PCS) as a ...distinct type of control based on the complex adaptive system literature. These control systems are fundamentally different from the traditional notion of (management) control. Building on the notion of complex systems and the concept of social learning, PCS increase organizational adaptivity by enabling and facilitating social learning processes that may emerge to transformational change over time. To illustrate the PCS concept in practice, three examples are given in this paper. Moreover, some key implications for internal auditors and suggestions for future research are provided.
This article aims to identify the extent of the commitment of the Algerian Public Economic Corporation to exercise the function of internal auditing in accordance with international standards issued ...by the Institute of Internal Auditors (The Institute of Internal Auditors), by introducing the concept of internal audit and then touch on the professional standards of internal audit issued by the Institute of Internal Auditors In light of the tasks and responsibilities related to them, and also how to organize this function in the institution and the foundations governing its organization The descriptive and analytical approach was used in the study by collecting data from various sources, the most important of which was interviewing the internal audit directors of SOMIFHOS based in Tebessa province as a public corporation to determine their compliance with international professional standards of internal auditing.
Purpose: This research aims to identify the extent of application of internal auditing standards recognized in Iraqi commercial banks. Theoretical framework: the Iraqi commercial banks apply ...standards of Attribute for internal auditing issued by professional organizations, and that they apply the performance standards that must be taken into account when carrying out internal auditing work. Design/methodology/approach: In order to achieve these goals, an exploratory study was conducted according to which (48) questionnaires were distributed, of which (36) questionnaires were returned, and the researchers approved the questionnaire analysis on the SPSS statistical program. Findings: the result of the research is that Iraqi commercial banks apply internal auditing standards issued by international professional organizations. Research, Practical & Social implications: The senior management contributes to addressing the remarks of the internal auditor and taking appropriate measures to implement the suggestions and recommendations he makes. Originality/value: This study measures the effects resulting from adoption the international internal auditing standards in the performance of banking activities after the transition to IFRS in iraqi banks.
PDF
