Data management is the preferred name for a technique that is known by other names. It involves the rearranging of data until such point as it is possible to make sense out of the confusion of raw data. Provides a practical, worked example of data management in action. A mini case study seeks to...

Two major dates are 1991, the 50th anniversary of the Institute of Internal Auditors (IIA), and 1992, the integration of the European Community. The IIA‐UK is the largest among the European Institutes, and the largest also outside North America. It began as an offshoot of IIA Inc. in the USA,...

Discusses the BCCI scandal, with particular reference to the part played by auditors Price Waterhouse. Declares the IIA Position Paper on Whistleblowing to be inadequate and urges reform of corporate governance: the selection and training of non‐executive directors must be improved and their...

Explores objectives, functions, roles and contributions of the audit committee in the context of its relationships with the board of directors, internal auditors and external auditors. Suggests that the audit committee is a step forward in the development of corporate control so long as it does...

An account of some of Robert Maxwell′s criminal business activities, first brought to light in the 1970s when the Department of Trade investigated Pergamon, and their repercussions into the 1990s with the prosecution by the Serious Fraud Office of six individuals in connection with Mirror...

Corporate governance has as ancient a pedigree as the formation of companies. However, six contemporary developments have provided a focus which makes this the era par excellence of corporate governance. Under review are a representative set of the economies of the world. A start is made with...

Practising internal and external auditors regularly find that crucial concepts governing how they operate are the twin terms of independence and objectivity. Part of the problem is that the two terms are often equated. The impact can be conflict with the auditee, misunderstanding with other...

It is argued that auditors whose sole orientation in assisting management is that of classical management thinking will be of only limited help. Auditors need to become aware of all the ramifications of the management role. Only then, it is claimed, will they truly fulfil the brief set for them...

There is no doubting the global influence of the quality movement. It is therefore persuasive to note the role that ethical considerations play in various quality award schemes, and this furthers the argument towards an integrated approach. Having said this, there is scant evidence in the awards...