Suchergebnisse

• eBook-Kapitel aus dem Buch Accounting Fraud

  Chapter 4: Conclusion and Outlook

  Prof. Dr. Klaus Henselmann, Dr. Stefan Hofmann

  …in their preventive controls, and develop a plan for eliminating these control weaknesses. The fraud risk assessment process should be performed on a…
• eBook-Kapitel aus dem Buch Accounting Fraud

  A Practice Aid for Auditors: Fraud Interviews - An Inquiry Guide

  Prof. Dr. Klaus Henselmann, Dr. Stefan Hofmann

  …how it believes the internal control structure serves to prevent and detect material misstatements due to fraud? If so, what was reported?… …committee on the company’s internal control? Has management discussed any specific concerns about fraud or significant control weaknesses with you? What… …company’s IT internal control? How do you believe the IT internal control structure serves to prevent or detect material misstatements due to fraud? Please…

  Alle Treffer im Inhalt anzeigen
• eBook-Kapitel aus dem Buch Revision des externen Rechnungswesens

  Digitale Datenanalyse

• eBook-Kapitel aus dem Buch Global Management Challenges for Internal Auditors

  Internal Audit Standards: Everything for Everybody

  Inta Ozolina

  …also hit many companies all over the world. Also, in many cases of smaller companies and audit teams respectively, the review of overall control…
• eBook-Kapitel aus dem Buch Global Management Challenges for Internal Auditors

  International Professional Practices Framework - Overview of the current guidance of the Institute of Internal Auditors

  T. Flemming Ruud, Philipp Friebe, Daniela Schmitz, Shqiponja Isufi

  …different legislative and regulatory initiatives aimed at improving the Governance, Risk Management and Internal Control of an organization. The PPF has… …. FINMA-Circular 2008/24 Supervision and Internal Control banks (former Circular 06/6 Supervision and Internal Control of the Swiss Federal Banking Commission). 4… …systematic, disciplined approach to evaluate and improve the effectiveness of Risk Management, Control, and Governance processes. Figure 2: Definition of… …Governance, Risk Manage- ment and Internal Control. The Position Papers primarily explain the roles of Inter- nal Audit in relation to these processes. For… …Control processes (Standard 2100). To clarify the interrelationship of these three processes, the order was changed. Standard 2110 relates to Governance… …(previously Risk Man- agement). Standard 2120 relates to Risk Management (previously Internal Control), while Standard 2130 describes the tasks of Internal…

  Alle Treffer im Inhalt anzeigen
• eBook-Kapitel aus dem Buch Global Management Challenges for Internal Auditors

  Efficient Risk Management in Leasing Companies

  Prof. Dr. Fikret Hadžiæ, Amir Softiæ

  …have been faced with, primarily rental subject risk, and activities and measures of its identification, quan- tification, control and risk protection… …management and the forming of reserves is assurance of ade- quate control and quality assessment of receivables, using certain criteria and tools. In that way… …management control. The basic process should consist of three phases: – Approval of the leasing service, – Checking documentation, booking and… …implementation. Experi- ence gained by the most developed financial groups showed that for an efficient and adequately control process (which needs to be in…

  Alle Treffer im Inhalt anzeigen
• eBook-Kapitel aus dem Buch Global Management Challenges for Internal Auditors

  Company Culture is Worth the Cost

  Sergey Martynov

  …a motivated approach to work and active participation in carrying out control procedures” Company culture plays a fundamental role in… …approach to work and active participation in carrying out control procedures. If employees are moti- vated and understand the need for and importance of… …control procedures, they will help to reduce the number of accidents caused by negligence. The impact of a good company culture is therefore an increase… …answered: – What is the company doing to develop company culture? – What is the level of coordination and control of this process? – Are the steps for…

  Alle Treffer im Inhalt anzeigen
• eBook-Kapitel aus dem Buch Global Management Challenges for Internal Auditors

  Governance Works, in Principle

  Neil Baker

  …commitment to open such dialogue,” it said. The financial firms that had the best control over their balance sheet growth and liquidity needs were those that…
• eBook-Kapitel aus dem Buch Global Management Challenges for Internal Auditors

  Contribution by Internal Audit to IT Compliance

  Thomas Lohre

  …, “gubernare”, which means regulate, manage or control. Lohre 62 Corporate governance generally encompasses the entirety of all international and… …setting-up of management and control structures. Characteristics of good corporate governance are: – Functioning business management – Preserving the… …that have issued securities on the stock exchange. The KonTraG (Law on Control and Transparency in the Corporate Sector) is of key importance… …control system and the BilMoG, regarding reporting on the internal control system and risk management system regarding the financial reporting process… …element of IT compliance, to ensure monitoring of compliance with legal provisions and directives and set up a relevant control organisation. –… …, on which the activities of the companies, the business environment and the way in which they conduct their business are based. – Control risk… …Controls risks are those risks arising from weaknesses in or failure of internal control measures. If internal controls are envisaged, but are not or only… …and corrected by the control functions built into the workflow process. – Disclosure risk Disclosure risk is when risky circumstances that are… …sensitisation of the employees to the subject. Internal Control System (ICS)59 Within the context of the IT compliance programme, controls should have been… …also control in terms of aspects, in the sense of structuring undesired events. Cf. the comments by Ruud/Isufi/Friebe (2008), p. 938 f., which rightly…

  Alle Treffer im Inhalt anzeigen
• eBook-Kapitel aus dem Buch Global Management Challenges for Internal Auditors

  Continuous Auditing: Myth and Reality

  Adrian Garrido

  …real time a control task that should be performed by the line or could this be an Audit function? – Should it not rather be the Audit’s task to… …that it is possible actually to have a real-time control over what is happening in every area and even less so at a transactional level. These are… …is to identify specific problems as well as to produce a control environment. The following characteristics can be identified in these… …that have been identified by Audit, by Regulators, or other Control Areas. – Products or businesses experiencing a high growth. The identification…

  Alle Treffer im Inhalt anzeigen