This 8 page paper looks at the concept and practice of internal audit in the public sector, discussing why internal audits are undertaken, what they measure, who performs them, the approaches which can be adopted and the direct and indirect impacts that internal audits can have on an organization operations and performance. The bibliography cites 14 sources.
This 10 page paper considers different influences which will impact on the effectiveness of an internal audit in the public sector; factors discussed include the general accounting system in the public sector, internal controls, relationship with external audit, relationship with management and management support, regulations and standards, the qualifications and expertise of auditors, the way audit recommendations are implemented and the audit committee. The bibliography cites 14 sources.
This 3 page paper examines what is meant by risk based auditing, what it is, how it is used, the way it fits in with internal auditing and the value it can bring to a company. The bibliography cites 3 sources.
This 25 page paper discusses issues in accounting pertinent to internal controls and the audit function. A look at how auditing has changed over the years is included as well as a look at the limitations of computers in the field. Bibliography lists 15 sources.
This 9 page paper looks at the draft changes for ISA 610 Using the Work of Internal Auditors, looking at the changes, why the changes are needed, what the standard may be trying to achieve and the way in which internal audits may be perceived and used by external auditors, especially with consideration of recent corporate governance issues.
The bibliography cites 13 sources.
This is a 5 page paper that provides an overview of internal auditing. The role of the Institute of Internal Auditors is emphasized. Bibliography lists 4 sources.
This 13 page paper discusses the practice of internal auditing and the ability of such a program to detect fraud within an organization. The writer discusses how the internal auditor should participate in the deterrence, detection, investigation and reporting of fraud. Bibliography lists 11 sources.
A 3 page paper. This essay discuses two documents from the Public Company Accounting Oversight Board (PCAOB). The topic is auditing internal control systems. the most pervasive deficiencies and root causes are identified and discussed. Bibliography lists 2 sources.
A 7 page paper discussing several ways that technology has enhanced auditing’s ability to provide greater value to the organization. CAATTs greatly increase the auditing product’s usefulness and reliability, for many can identify and highlight trends far more quickly than can people. Continuous monitoring of the data included in the audit process allows for nearly real-time audit reports and can detect detrimental trends far earlier, giving management more time to deal with whatever is creating the trend, and before the trend can become an insurmountable problem. Bibliography lists 6 sources.
A 5 page paper discussing a meat department audit, with particular attention on what the customer sees. Points of audit fall into three primary categories: safety, quality and productivity.
There are other points of the meat department audit as well, but these three constitute the primary ones in which store management is most interested. Conducting these audits helps to ensure that employees remain aware of the ongoing goals of safety, quality and productivity, which in turn serves to enhance each. No sources listed.
This 17 page paper examines L’Oreal, and the way in which they are competing in a global environment. The paper starts by examining external and internal influences, and looking at the way in which the influences of impacted on decision-making and L’Oreal, typified by the acquisition strategies adopted. The paper then explores the effectiveness of the strategies and identifies potential areas for improvement. The bibliography cites 22 sources.
This 9 page paper explains the ISO, the International Organization for Standardization, which is a non-governmental organization that was established in 1947 and which develops standards of quality. The ISO 9000 Quality Standards were initially launched in 1987, modified in 1995 and again in 2000. This essay explains what the ISO 9000 is and the difference between the three models of quality assurance comprising the ISO 9000 series. The writer also discuses the intent of ISO 9000 and the benefits of obtaining certification. The paper then discuses the internal audit to assure compliance and presents a 7 phase process for conducting the internal audit. Bibliography lists 10 sources.
This 3 page paper considers what it mean by audit risk from the perspective of the external auditor and consider how they would approach auditing from a risk basis. The paper includes consideration of the different types of audit risk. The bibliography cites 3 sources.
A 6 page paper that discusses why a company does not need an ‘independent’ audit committee if ‘independent’ is interpreted to mean external. This essay discusses the roles of the corporate board’s audit committee and how these roles have changed over the years. The writer concludes there are sufficient regulations and requirements from the SEC and the exchanges to assure the independence of the board’s audit committee. Bibliography lists 4 sources.
This 6 page paper considers what is meant by audit risk and the types of audit risk that exist; inherent, control and detection. This is applied to a range of scenarios supplied by the student. The aspect of inherent risk and inventory is also discussed. The second part of the paper looks at how the debtors figure may be established as correct in an audit. The bibliography cites 4 sources.
This 3-page paper reviews Paul Clikeman’s article “Where Auditors Fear to Tread,” which was published in the August, 2003 edition of The Internal Auditor. Clikeman’s assertion is that, even in this auditing atmosphere of transparency and rules, manipulation of earnings statements can still get companies in trouble. He offers solutions for auditors to get out of such trouble. Bibliography lists 2 sources.
This 5 page paper looks at both internal and external audits, and offers solutions for common problems. Fraud is carefully examined and examples are provided. Bibliography lists 10 sources.
This 6 page paper discusses the new roles of the corporate auditor. Internal Control, Audit Committees and the new Ethics are discussed. Bibliography lists 5 sources.
This 6 page report discusses an organization (a large insurance company) that has recently experienced a communication audit that has shown the company is not appropriately addressing internal communication problems. The point is made that at its most fundamental core, the issue is one of establishing and maintaining effective communication and positive employee relations is much more than just newsletters and memos. It is a process that requires establishing relationships with various groups within the organization and then openly communicating with those groups. Bibliography lists 5 sources.
This 5 page paper provides an overview of fraud detection and how companies can use the internal auditing process to spot problems before they happen. Recommendations are made. Bibliography lists 8 sources.
A 20 page paper that discusses quality and the ISO 9000 series and relates these to the Red Cross and independent blood banks. Following a general introduction, the writer discusses quality assurance, internal audits, ISO 9000 series standards and the benefits of certification, past problems with blood banks, including the debacle of the Red Cross in Canada, and how blood banks can use the ISO standards to improve quality. Specific examples are provided. Bibliography lists 50 sources.
A 10 page overview of the predicted computer/communications apocalypse and management techniques. The author concentrates on two areas of concern, date coding and the introduction of viruses based on the millenium and other biases. However, the larger view is taken of ‘mainstream’ date coding problems, and considers audit cases and costs. Mitigation focuses on internal and global management of the problem. Bibliography lists 15 sources.
This 8 page paper examines the case study provided by the student. The first part of the paper looks at research that a car insurance company has undertaken to assess the potential of entering the general insurance market. The second part of the paper undertakes a customer, internal industry audit. The third part of the paper uses the 4 P’s to consider the way that the organization may enter market. The bibliography cites 2 sources.
5 pages in length. This exceptional research paper examines the nature and importance of a system of internal control within an organization. The detailed procedures adopted by an enterprise to control its operations are collectively termed its system of internal control. As a firm grows, management finds it necessary to delegate authority as well as to place more reliance on the accounting system in controlling operations. Activities such as motion and time study, quality control and statistical analysis are in a broad sense elements of internal control. The term internal check is used to refer to the portion of internal control related to the accounting system. Bibliography lists 4 sources.