Search Results - subject:"internal control System"

Corporate Accounting Malfeasance and Financial Reporting Restatements in the Post-Sarbanes-Oxley Era

Harris, Peter - 2017

The U.S. Congress passage of the Sarbanes-Oxley Act of 2002 (SOX) was a direct response to the accounting scandals of the 1990s and an attempt to reform the financial/business reporting process. Due to corporate malfeasance in the United States since the mid 1990s, there has been a significant...

Persistent link: https://www.econbiz.de/10012948854

Ensuring financial stability of companies on the basis of international experience in construction of risks maps, internal control and audit

Vovchenko, N. G.; Holina, M. G.; Orobinski, A. S.; … - In: European research studies 20 (2017) 1, pp. 350-368

Persistent link: https://www.econbiz.de/10012217018

Can Short Sellers Detect Internal Control Material Weaknesses? Evidence from Section 404 of the Sarbanes-Oxley Act

Singer, Zvi - 2017

We examine whether short sellers are interested in, and capable of, identifying firms with an upcoming revelation of Internal Control Material Weaknesses (ICMW). We show that short sellers accumulate positions in firms that are about to disclose ICMW under Section 404 of the Sarbanes-Oxley Act...

Persistent link: https://www.econbiz.de/10012974957

Corporate Governance, Conservatism and Auditor Resignation

Liang, Jiahui - 2017

This paper studies the influence of conditional conservatism on the auditor resignations, and more importantly, the impact of corporate governance on this relationship. The existing literature has provided evidence on the existence and pervasiveness of accounting conservatism, such as...

Persistent link: https://www.econbiz.de/10012958809

Methodological Features of Risk Management in Internal Control Systems

Lambovska, Maya - 2017

Instruments for an alternative approach to risk management in internal control systems under revolutionary changes in an organization's development are presented in this paper. The functions and application of instruments for the identification and measurement of the threats to the organization...

Persistent link: https://www.econbiz.de/10012959187

Assessment of the Practices of Internal Control System in the Public Sectors of Malaysia

Aziz, Mohamad - 2017

This study is an attempt to assess the status of current practices of internal control system among different service … internal control system in their department. However, the priority of these ten factors of internal control differs among the … services schemes. Overall the internal control system of the financial schemes group is strong, but their emphasis on the …

Persistent link: https://www.econbiz.de/10012959917

Auditors’ Usage of Non-Financial Data and Information During the Assessment of the Risk of Material Misstatement for an Audit Engagement : A Field Study

Awadallah, Abdelmoneim - 2017

Audit firms that fail to detect fraud or material misstatements in the financial statements of their audit clients may suffer substantial monetary penalties and negative publicity in the event of audit failure. The present study investigates auditors' perception regarding the use of...

Persistent link: https://www.econbiz.de/10012944260

Internal Control Quality, Disclosure and Cost of Equity Capital : The Case of an Unregulated Market

Khlif, Hichem - 2017

This paper examines the direct effect of internal control quality (ICQ) on cost of equity capital and whether the former has a moderating effect on the association between voluntary disclosure and cost of equity capital in an emerging market (Egypt). ICQ is measured using a survey of external...

Persistent link: https://www.econbiz.de/10012944853

Effect of Risk-Based Audit on Quality Internal Control of Selected Deposit Money Banks in Nigeria

Amahalu, Nestor - 2017

The objective of this study is to ascertain the effect of risk-based audit on quality internal control of selected deposit money banks in Nigeria. Survey method was used for this studywhile random sampling technique was adopted. Paired T-test and Cronbach Alpha via Statistical Package for Social...

Persistent link: https://www.econbiz.de/10012945948

No Smoke and No Fire : The Rise of Internal Controls Absent Anti-Bribery Violations in FCPA Enforcement

Woody, Karen E. - 2017

The Foreign Corrupt Practices Act prohibits bribery of foreign public officials in order to obtain or retain business. It is, for all intents and purposes, an anti-bribery statute. In order to detect bribery, the FCPA contains accounting provisions related to bookkeeping and internal controls....

Persistent link: https://www.econbiz.de/10014127740