Quality assurance and effectiveness of audit systems

Karapetrović, Stanislav; Willborn, Walter

doi:10.1108/02656710010315256

Cited by 44 publications

(45 citation statements)

References 15 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…It is the extent to which an internal audit office meets its purposes (Mihret & Yismaw, 2007), and can refer to ability of auditors, internal or external, to achieve established objectives within an organisation (Mizrahi & Ness-Weisman, 2007;Arena & Azzone, 2009;Dittenhofer, 2001;Karapetrovic & Willborn, 2000). The objectives of an internal audit unit for every organisation depend on the goals set out by the management of such an organisation (Pungas, 2003).…”

Section: Internal Audit Effectivenessmentioning

confidence: 99%

Determinants of Internal Audit Effectiveness in Decentralized Local Government Administrative Systems

Tackie¹,

Marfo-Yiadom²,

Achina³

2016

IJBM

View full text Add to dashboard Cite

This paper examines the determinants of internal audit effectiveness in decentralized local government administrative systems of Ghana. Ghana's local government system is structured into metropolitan, municipal, and district assemblies (MMDAs). For the purpose of the study, we focused on the Ashanti region of Ghana which has the highest number of MMDAs. The motivation for the study is derived from the increased interest in the internal audits of local government units. Using a descriptive survey, the data gathered, through the use of questionnaire, revealed that majority of the internal audit staff of MMDAs in the Ashanti Region of Ghana possess the requisite professional proficiency. Contrary to the perception that audit quality in the public sector is usually compromised, the study revealed that there exists high quality of audit work due to compliance with the international standards on auditing and local audit legislations. Professional proficiency, organizational independence, and career advancement were found to have statistically significant positive relationship with internal audit effectiveness, whiles top management support was found to have no effect on internal audit effectiveness.

show abstract

Section: Internal Audit Effectivenessmentioning

confidence: 99%

Determinants of Internal Audit Effectiveness in Decentralized Local Government Administrative Systems

Tackie¹,

Marfo-Yiadom²,

Achina³

2016

IJBM

View full text Add to dashboard Cite

show abstract

“…This result was unexpected, since only the first category was identified in the evaluation of auditor objectivity (Figure 3), while the latter two categories were not identified by any participants, leading the researcher to infer that participants might not have recognised that auditor objectivity and auditor consistency (and, conversely, variability) were related, as noted by Karapetrovic and Willborn [16].…”

Section: Figure 8: Distribution Of Responses For S4mentioning

confidence: 91%

“…The study also promoted the use of a structured approach when identifying and assessing risk in order to minimise the effect of bias when making decisions. This recommendation of using a structured process speaks directly to the definition of 'objectivity' noted in the study by Karapetrovic and Willborn [16].…”

mentioning

confidence: 87%

“…These elements have been noted in the literature (Karapetrovic and Willborn [16]) as impacting on decision-making processes, individual bias, and subsequent objectivity. In round 1, a smaller proportion of participants initially acknowledged 'Auditor independence' -which potentially relates to organisational position -as an element affecting auditor objectivity ( Figure 3).…”

Section: Figure 8: Distribution Of Responses For S4mentioning

confidence: 98%

See 1 more Smart Citation

Exploring Variability Among Quality Management System Auditors When Rating the Severity of Audit Findings at a Nuclear Power Plant

Simons

Bester

Moll

2017

SAJIE

View full text Add to dashboard Cite

A reliable quality assurance (QA) function in the nuclear environment is underpinned by the effective identification of risk, and by effective decision-making processes in relation to the risk identified. The need for competent auditors who are able to remain objective and independent at all times forms a critical component of this process. This exploratory study sought to determine reasons for the noted inconsistency among auditors when rating the severity of audit findings, and to provide recommendations to reduce this variability. The Delphi technique, a structured process to gather information from a panel of experts, was adopted to enable multiple iterations of qualitative and quantitative data collection and analysis, in an attempt to mimic the elements of a sequential exploratory strategy related to a mixed method methodology. OPSOMMING'n Betroubare gehalteversekeringsfunskie in die kern omgewing word ondersteun deur die effektiewe identifikasie van risiko sowel as doeltreffende besluitnemingsprosesse met betrekking tot die geïdentifiseerde risiko. Die behoefte aan bekwame ouditeure wat in staat is om objektief en onafhanklik te bly ten alle tye, is 'n kritieke komponent van hierdie proses. Hierdie verkennende studie het gepoog om die redes vir die bekende teenstrydigheid te bepaal onder ouditeure wanneer die erns van ouditbevindinge beoordeel word; en om aanbevelings om die bekende variasie te verminder te verskaf. Die Delphi-tegniek, 'n gestruktureerde proses vir die insameling van inligting uit 'n paneel van kundiges, is aangeneem om verskeie iterasies van kwalitatiewe en kwantitatiewe datainsameling en analise in staat te stel, in 'n poging om die elemente van 'n opeenvolgende verkennende strategie na te boots. INTRODUCTIONWithin the nuclear industry, where the failure of processes to conform to safety codes and standards can have catastrophic results, it is imperative that an organisation's quality assurance (QA) department can provide the necessary assurance of process compliance that is deemed necessary for the safe operation of a nuclear power plant. Key to providing this assurance is the performance of process audits that provide the platform for collecting and analysing critical information; formulating significant, reliable, and value-adding audit findings; and reporting all this key information at the most appropriate levels within an organisation, as claimed by Beckmerhagen, Berg, Karapetrovic, and Willborn.[1].The significance of the research is noted in the area of controlling subjectivity among auditors when rating the severity of quality management system (QMS) audit findings. If the subjectivity can be controlled, and the levels of variability reduced, then the confidence placed in the QMS audit outcomes can be improved. Based on this increase in confidence in the QMS audit outcomes, senior

show abstract

“…In this case, the auditor gives his opinion on reporting, but also makes independent comments in and on the published report. In this case, independence is an essential condition, as well as integrity (Gray, 2001) and objectivity (Karapetrovic and Wilborn, 2000).…”

Section: Consultants (Consulting Firms)mentioning

confidence: 99%

Reporting Corporate Social Responsibility: At the Pursuit of Legitimacy - A Literature Review

Lahbil¹,

Wahabi²

2017

EJBM

View full text Add to dashboard Cite

Since one of today's business buzzwords is "Sustainability", an increasingly large number of companies aim to generate a lasting competitive advantage by balancing the value creating process with the social and environmental challenges. Therefore, Corporate Social Responsibility (CSR) appears as the assertive voice in which corporate governance is expressed in terms of sustainable development. The widespread adoption of sustainability reporting (SR) confirms companies' growing awareness of their social responsibilities. The researches previously conducted present mainly two drivers for sustainability reporting. Firstly, it is seen as a communication technique. Secondly, it is a legal obligation, driven by national and international laws. Thus, the credibility of sustainability reporting seems to be relevant to question. The literature review reveals that scholars and practitioners have largely focused on the determinants of this form of communication, used media, content and recipients. Although the reliability of the information has often been questioned, it is the least studied empirically. By adopting internal control mechanisms and privileging external audits, an arsenal of arrangements is used in order to improve the credibility and the transparency of social and environmental information. Through a theoretical and empirical synthesis of the literature exploring the SR research field, this paper answers two major questions: what value for the sustainability reporting and how can their legitimacy be assured? The findings imply that, subjected to various institutional and regulatory pressures, companies tend to adopt societal reporting practices. It is mainly intended to guarantee trust and reliability in the information transmitted to the public.

show abstract

Quality assurance and effectiveness of audit systems

Cited by 44 publications

References 15 publications

Determinants of Internal Audit Effectiveness in Decentralized Local Government Administrative Systems

Determinants of Internal Audit Effectiveness in Decentralized Local Government Administrative Systems

Exploring Variability Among Quality Management System Auditors When Rating the Severity of Audit Findings at a Nuclear Power Plant

Reporting Corporate Social Responsibility: At the Pursuit of Legitimacy - A Literature Review

Contact Info

Product

Resources

About