This paper investigates internal control restatements, i.e., companies and their auditors restating Section 404 internal control (IC) opinions from clean to adverse, after announcing financial statement restatements. We compare IC restatement companies with both companies that issue adverse IC...

Purpose – this paper aims to offer an empirical evidence about the effect of internal audit and audit committee interaction of enhance the corporate governance on listed Palestinian companies. Design/methodology/approach – a number of questionnaires were sent to chef internal audit...

In India, appointment of internal auditor has been made mandatory for listed and certain other classes of companies by the Companies Act 2013. This is an inflexion point for the internal audit as the new provision gives an opportunity to internal auditors to claim their rightful position in...

In this study we tried to explore the idea of the independence of internal audit committee, independence of finance and accounting departments and the corporate charter followed by the board of directors of an organization and how they protect existing and prospective investors. A multiple...

Generally Accepted Auditing Standards (GAAS) require auditors to evaluate internal control and assess control risk when performing an audit. Among the factors to be considered are the control environment, control activities, management's attitude's toward internal control, and culture. Research...

The determination of an audit schedule over a fixed future period constitutes a crucial part of the planning activities in an internal audit department. For each auditable unit, this problem basically revolves around tradeoffs between two types of costs: audit costs and the expected losses that...

We analyze internal auditor objectivity by examining whether consulting work performed by internal auditors influences their subsequent judgments. We conduct an experiment with experienced internal auditors. We present them with an internal control scenario representing an at-margin internal...

The importance of an effective internal audit function in South African municipalities have been recognised insofar as internal audit functions are legally mandated to exist within municipalities. This also means that legally, internal audit has certain mandates which must be fulfilled in order...

The Internal Auditing & Risk Management is a quarterly peer-reviewed journal started in 2006 by Athenaeum University and The Center of Excellence in Financial Management and Internal Audit and publishes original high-quality papers in the field of management and auditing