Efficiency of an internal audit of companies' business processes
Mots-clés :
Internal audit, business process, control, efficiency of an internal audit, businessRésumé
The article suggests an approach to assessing the effectiveness of the process of “An internal audit of business processes from purchase to payment”, which allows to visually monitor the dynamics and the actual achievement of the process of the specified indicators. It is explained by the fact that the objective assessment is achieved by means of correlation between factual and planned values, which allows to determine how the operation of the process is close to achieving the goal. Assessment of the functioning of the process of “An internal audit of business processes “from purchase to payment” is advisable to carry out on two indicators: effectiveness and efficiency. Along with the implementation of the internal audit model of the business process it is necessary to improve the risk management system, document key risks and existing control procedures in the context of individual business processes.
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Références
Abdolmohammadi, M. J., DeSimone, S. M., Hsieh, T. S., & Wang, Z. (2017). Factors associated with internal audit function involvement with XBRL implementation in public companies: An international study. International Journal of Accounting Information Systems, 25, 45-56.
Al-Akra, M., Abdel-Qader, W., & Billah, M. (2016). Internal auditing in the Middle East and North Africa: A literature review. Journal of International Accounting, Auditing and Taxation, 26, 13-27.
Alzeban, A., & Gwilliam, D. (2014). Factors affecting the internal audit effectiveness: A survey of the Saudi public sector. Journal of International Accounting, Auditing and Taxation, 23(2), 74-86.
Alzeban, A., & Sawan, N. (2015). The impact of audit committee characteristics on the implementation of internal audit recommendations. Journal of International Accounting, Auditing and Taxation, 24, 61-71.
Atiase, R. K. (1985). Predisclosure information, firm capitalization, and security price behavior around earnings announcements. Journal of Accounting Research, 21-36.
Bhushan, R. (1989). Firm characteristics and analyst following. Journal of Accounting and Economics, 11(2-3), 255-274.
Gramling, A. A., Maletta, M. J., Schneider, A., & Church, B. K. (2004). The role of the internal audit function in corporate governance: A synthesis of the extant internal auditing literature and directions for future research. Journal of Accounting literature, 23, 194.
Gros, M., Koch, S., & Wallek, C. (2017). Internal audit function quality and financial reporting: results of a survey on German listed companies. Journal of Management & Governance, 21(2), 291-329.
Ho, S., & Hutchinson, M. (2010). Internal audit department characteristics/activities and audit fees: Some evidence from Hong Kong firms. Journal of International Accounting, Auditing and Taxation, 19(2), 121-136.
Hogan, C. E., & Wilkins, M. S. (2008). Evidence on the audit risk model: Do auditors increase audit fees in the presence of internal control deficiencies?. Contemporary Accounting Research, 25(1), 219-242.
Ismagilov, I. I., & Khasanova, S. F. (2014). Rating assessment of company’s competitiveness based on fuzzy sets approach. In Albena, Bulgaria: International Multidisciplinary Scientific Conferences on social sciences and arts SGEM (pp. 473-9).
Ismagilov, I. I., & Khasanova, S. F. (2016). Algorithms of parametric estimation of polynomial trend models of time series on discrete transforms. Academy of Strategic Management Journal, 15, 20.
Mihret, D. G., & Grant, B. (2017). The role of internal auditing in corporate governance: a Foucauldian analysis. Accounting, Auditing & Accountability Journal, 30(3), 699-719.
Oxner, T., Hawkins, K. W., & Rivers, R. (1995). A study of computer usage by internal auditors in Canada and the United States. Journal of International Accounting, Auditing and Taxation, 4(1), 27-37.
PriceWaterhouseCoopers, L. L. C. (2011). The world in 2050—The accelerating shift of global economic power: Challenges and opportunities. London, UK.
Roussy, M., & Brivot, M. (2016). "Internal audit quality: a polysemous notion?" Accounting, Auditing & Accountability Journal 29 (5), 714-738.
Scarbrough, D. P., Rama, D. V., & Raghunandan, K. (1998). Audit committee composition and interaction with internal auditing: Canadian evidence. Accounting Horizons, 12(1), 51.
Spira, L. F., & Page, M. (2003). Risk management: The reinvention of internal control and the changing role of internal audit. Accounting, Auditing & Accountability Journal, 16(4), 640-661.
Al-Akra, M., Abdel-Qader, W., & Billah, M. (2016). Internal auditing in the Middle East and North Africa: A literature review. Journal of International Accounting, Auditing and Taxation, 26, 13-27.
Alzeban, A., & Gwilliam, D. (2014). Factors affecting the internal audit effectiveness: A survey of the Saudi public sector. Journal of International Accounting, Auditing and Taxation, 23(2), 74-86.
Alzeban, A., & Sawan, N. (2015). The impact of audit committee characteristics on the implementation of internal audit recommendations. Journal of International Accounting, Auditing and Taxation, 24, 61-71.
Atiase, R. K. (1985). Predisclosure information, firm capitalization, and security price behavior around earnings announcements. Journal of Accounting Research, 21-36.
Bhushan, R. (1989). Firm characteristics and analyst following. Journal of Accounting and Economics, 11(2-3), 255-274.
Gramling, A. A., Maletta, M. J., Schneider, A., & Church, B. K. (2004). The role of the internal audit function in corporate governance: A synthesis of the extant internal auditing literature and directions for future research. Journal of Accounting literature, 23, 194.
Gros, M., Koch, S., & Wallek, C. (2017). Internal audit function quality and financial reporting: results of a survey on German listed companies. Journal of Management & Governance, 21(2), 291-329.
Ho, S., & Hutchinson, M. (2010). Internal audit department characteristics/activities and audit fees: Some evidence from Hong Kong firms. Journal of International Accounting, Auditing and Taxation, 19(2), 121-136.
Hogan, C. E., & Wilkins, M. S. (2008). Evidence on the audit risk model: Do auditors increase audit fees in the presence of internal control deficiencies?. Contemporary Accounting Research, 25(1), 219-242.
Ismagilov, I. I., & Khasanova, S. F. (2014). Rating assessment of company’s competitiveness based on fuzzy sets approach. In Albena, Bulgaria: International Multidisciplinary Scientific Conferences on social sciences and arts SGEM (pp. 473-9).
Ismagilov, I. I., & Khasanova, S. F. (2016). Algorithms of parametric estimation of polynomial trend models of time series on discrete transforms. Academy of Strategic Management Journal, 15, 20.
Mihret, D. G., & Grant, B. (2017). The role of internal auditing in corporate governance: a Foucauldian analysis. Accounting, Auditing & Accountability Journal, 30(3), 699-719.
Oxner, T., Hawkins, K. W., & Rivers, R. (1995). A study of computer usage by internal auditors in Canada and the United States. Journal of International Accounting, Auditing and Taxation, 4(1), 27-37.
PriceWaterhouseCoopers, L. L. C. (2011). The world in 2050—The accelerating shift of global economic power: Challenges and opportunities. London, UK.
Roussy, M., & Brivot, M. (2016). "Internal audit quality: a polysemous notion?" Accounting, Auditing & Accountability Journal 29 (5), 714-738.
Scarbrough, D. P., Rama, D. V., & Raghunandan, K. (1998). Audit committee composition and interaction with internal auditing: Canadian evidence. Accounting Horizons, 12(1), 51.
Spira, L. F., & Page, M. (2003). Risk management: The reinvention of internal control and the changing role of internal audit. Accounting, Auditing & Accountability Journal, 16(4), 640-661.
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Publiée
2018-12-27
Comment citer
Nagumanova, R. V., Sabirova, A. I., & Titova, N. G. (2018). Efficiency of an internal audit of companies’ business processes. Amazonia Investiga, 7(17), 306–318. Consulté à l’adresse https://amazoniainvestiga.info/index.php/amazonia/article/view/359
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