Search results for "Internal audit"
showing 10 items of 41 documents
Internal Public Audit in the Financial Crisis Context
2013
Abstract The financial crisis effects have left their mark on the area of internal audit, but the attention on the responsibility that internal auditors could have in preventing the onset of such a crisis is quite low. Audit plays a vital role in the entities functioning by contributing to economic credibility. In this paper we have presented the role and objectives of internal audit, the organization and activity of internal audit in local government in Romania, the outsourced system and how it helped in preventing and/or managing the economic downturn.
Struggle over joint audit: on behalf of public interest?
2012
International audience; European Commission (EC 2011) has recently suggested joint audit - broadly defined as an audit where two independent auditors are jointly liable for the audit report - as a way a way to increase audit quality after the financial crisis and to mitigate audit market concentration, by enlarging the audit offer. Big 4 audit firms have fought this proposal by arguing its unbearable cost while 2nd Tier audit firms have supported it by arguing its added quality. This conflicting position leads us to question their claim of public interest concern. As group-interest economic regulation theories predict that the absence of any effect of a new regulation (here: joint audit) is…
Virtual endoscopy of the inner ear and the auditory canal.
2000
To assess the role of virtual endoscopy (VE) in the examination of intracisternal structures and of the inner ear, we studied the anatomy of the labyrinth and internal auditory canal using the original CT slices and VE on the unaffected side in three female and three male patients, age range 3–46 years, with contralateral retrocochlear hearing loss. We also examined seven patients with different pathological findings. VE was performed using an advanced postprocessing program with high- resolution 3D data sets of CT (1–1.5 mm thickness, pitch 1.25) and MRI-CISS-3D (constructive interference in steady state) images of the basal cisterns (1.5 T, slice thickness 0.7–1 mm). VE provides an endosc…
Indicatori Chiave Per L’IA: il Metodo Bankitalia
2020
La Funzione di Revisione Interna della Banca d’Italia ha rivisto il proprio sistema di Key Performance Indicator. Obiettivo: farne uno strumento di guida strategica e creare un metodo innovativo per misurare il valore aggiunto apportato all’Istituto.
The Role of Internal Audit in Fraud Prevention and Detection
2014
Abstract This article aims to not just briefly describe the role of the internal audit in the detection of possible frauds, but also to highlight its importance in preventing the commission of frauds in any economic entity. Moreover, the analysis intends to especially point out the advantages that an internal audit can offer to the management of an economic entity and its partners, and to the society as a whole as well. Starting from the premise that auditors are not the adversaries of an entity, one should remember that: the internal audit is a function of assistance offered to the leadership of that entity in order for them to better manage their activities; it expresses judgments on all …
The internal auditory artery: (embryology, anatomy, angiography, pathology).
1975
A review of the literature on the embryology, anatomy and angiography of the internal auditory artery has shown that there may be considerable variation as to the origin and number of internal auditory arteries. The present study, based on serial magnification angiographies of the internal auditory artery, has demonstrated 7 variants of the origin of this artery although in 45.4% of cases the internal auditory artery arose from the anterior inferior cerebellar artery. For the diagnosis of pathological processes in the cerebellopontine angle (tumors, sudden deafness, vascular abnormalities) magnification angiography is of special importance. Acoustic neurinomas in particular can be diagnosed…
Iekšējā audita sistēmas salīdzinājums finanšu iestādē un publiskajā sektorā
2016
Maģistra darba mērķis ir, salīdzinot LR spēkā esošo normatīvo aktu regulējumu attiecībā uz iekšējo auditu publiskā iestādē un kredītiestādē un izpētot iekšējā audita darbību publiskā iestādē un kredītiestādē, izstrādāt priekšlikums, kā uzlabot iekšējā audita darbību publiskā iestādē un/vai kredītiestādē. Autore darba pirmajā nodaļā raksturo iekšējā audita rašanos un attīstību, norāda uz dažādiem audita veidiem. Otrajā nodaļā tiek sniegta informācija par AS „Citadele banka”. Trešajā un ceturtajā nodaļā tiek analizēta iekšējā audita dienesta loma kredītiestādē, tā tiesību aktu regulējums un normatīvo aktu izpēte attiecībā uz iekšējo auditu publiskā iestādē. Piektā nodaļa veltīta iekšējā audit…
External investigations and disciplinary sanctions against auditors: the impact on audit quality
2015
In this paper, we provide empirical evidence for the impact of disciplinary sanctions imposed on Spanish auditing firms and their engagement partners. The disciplinary sanctions resulted from external investigations, which revealed misapplications of auditing standards. In particular, we evaluate (a) the efficacy of the external supervisory board in identifying low-quality auditors and (b) the effectiveness of the disciplinary system in improving the quality of subsequent statutory audits performed by the sanctioned auditors. We employ two earnings management indicators as proxies for audit quality: loss avoidance through extraordinary items and abnormal accruals. And we compare these measu…
Own Risk and Solvency Assessment
2015
The own risk and solvency assessment under art. 45 of the Solvency II Directive forms the subject of this chapter. Initial attention is given to clarifying the role of ORSA in the insurance supervisory regime and the principles applicable to it. Then follows a discussion of the relationship of ORSA to the risk management function as well to the other key functions under the insurance supervisory regime. In conclusion, the chapter addresses, inter alia, the documentation, the public disclosure, and the supervisory powers involved in an ORSA procedure.
Rola audytu wewnętrznego w kształtowaniu efektywności samorządowej gospodarki finansowej
2015
Potrzeba racjonalizowania wydatków, dążenie do większej dyscypliny finansowej i poszukiwanie oszczędności w ramach prowadzonej gospodarki zasobami rzeczowymi i finansowymi wskazują na konieczność wypracowania i ciągłego doskonalenia mechanizmów (instrumentów) zorientowanych na poprawę efektywności samorządowej gospodarki finansowej. Instrumentem, który może wspomóc kierownictwo jednostki samorządu terytorialnego (JST) w racjonalnym prowadzeniu gospodarki finansowej, chroniąc jednocześnie społeczeństwo przed marnotrawstwem i nieefektywnym wydatkowaniem środków publicznych, jest audyt wewnętrzny. Celem artykułu jest próba identyfikacji znaczenia audytu wewnętrznego dla efektywności gospodarki…