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With the global expansion of business operations, many U.S. corporations now operate internationally. While these multinational corporations (MNCs) rely on information about their operations to allocate resources, this information is likely dispersed within the firm, leading to internal information asymmetry between top executives and divisional managers. Meanwhile, audits of these geographically dispersed MNCs are challenging, and parts of these audits are sometimes outsourced to local foreign auditors who have no experience serving as opinion-issuing auditors for U.S. issuers ("inexperienced component auditors"). In this article, we examine whether involving such inexperienced component auditors is associated with MNCs' internal information environment. We find that, relative to a matched control sample, Securities and Exchange Commission (SEC) issuers with the participation of inexperienced component auditors have higher internal information asymmetry and lower internal capital allocation efficiency. Our results suggest that audit quality matters not only to a firm's external financial statement users but also to its internal users. [ABSTRACT FROM AUTHOR]

In the article there is an analysis of the national legal norms regarding the activities of audit committees, based on which the author concludes about their role in corporate governance in Ukraine. The determination of the economic competence of the audit committee of the board of directors is the article objective, which is achieved through the study and analysis of legislative acts and relevant scientific researches. The author states that the board of directors, in the course of exercising its economic competence, may, and in certain cases must, establish committees, including an audit committee, from among its members and other individuals, for the preliminary study and preparation of issues for discussion at meetings. The author concludes that the majority of members of the audit committee of a socially significant enterprise should not be affiliated with that enterprise (hold positions within it), and the chair of the committee should be appointed from among independent members. Taking into account the current national legal norms, the author concludes that the establishment of an audit committee by the board of directors may be mandatory, conditionally mandatory, voluntary, or conditionally voluntary. The grounds for such classification of prerequisites for the establishment of an audit committee by the board of directors are elaborated by the author in the article. To achieve the article objective, the author analyses the difference between external and internal audits. Based on the fact that several national corporations are required to conduct internal audits and establish an internal audit function (appoint an internal auditor), the article explores the boundaries of competence between the internal audit function (internal auditor) and the audit committee of the board of directors, and concludes that their competencies are not identical. Since the failure to establish an audit committee or not assigning relevant functions to an entity (subdivision) may lead to administrative liability for responsible individuals, the author examines the grounds for such liability. However, the conclusion is that the practical implementation of the relevant national norm regarding liability is currently absent due to the lack of amendments to the Code of Ukraine about Administrative Offenses. [ABSTRACT FROM AUTHOR]

The article reports on the IABSE Annual Meetings held in San Jose in September 2024, marking a return to face-to-face interactions after years of virtual meetings due to the COVID-19 pandemic. The meetings included discussions on management, future plans, technical initiatives, and upcoming events, fostering collaboration and knowledge sharing among members from various countries. The highlight was the election of Dr. Harshavardhan Subbarao from India as the IABSE President for the term 2025-2028, making him the first President from India, with a warm reception following the Permanent Committee meeting. [Extracted from the article]

We contribute to the literature on intentions to report wrongdoing by examining whether Chinese internal auditors make consistent judgments when an ethical dilemma is presented in English and when the same dilemma is presented in Chinese. We invoke cultural frame switching theory, and our findings, which are based on a randomized experiment using between-subjects and within-subject mixed design, support the hypothesis that Chinese internal auditors are more likely to report wrongdoing when the ethical dilemma is presented in English than when it is presented in Chinese. Our results, which demonstrate that internal auditors make inconsistent ethical judgments in English and Chinese, point to language-triggered cognitive bias resulting from cultural mindsets. We suggest practical interventions and language strategies to improve audit quality. [ABSTRACT FROM AUTHOR]

In the aftermath of banking failures in Africa, the survival of firms has thus been placed with the application of good corporate governance practice and the oversight role of internal and external auditors. This study examines whether audit quality is related to corporate board of directors and financial reporting timeliness in the context of developing countries. Using sample data from 21 universal banks in Ghana and 31 commercial banks in Kenya for the periods 2010 to 2019. The study employs the Generalized Least Square(GLS), using fixed effect to estimate the relationships. The empirical results document that board size, average 9, and board independence, 59% on average, increase audit quality in Africa. However, the relationship between board gender and audit quality is not significant. Financial report lag is not significant to audit quality in Africa. However, financial report lag in Kenya is negative and significant to quality audit. Our findings recommend that commercial banks in Africa should implement policies that would increase the size of their boards and the number of independent directors to enhance maximum benefits from good corporate governance practices. [ABSTRACT FROM AUTHOR]

This study examines the continuing expansion of the Internet of Things (IoT) and its possible development as a source of audit evidence for both internal and external audits. In other words, the auditor checks whether a measure (metric) related to classifying and prioritizing requests and/or incidents is available in the enterprise's current incident reporting system. This approach uses Design Science Research and is based on the use of auditing standards and frameworks to drive the design of audit plans using metrics available on or derived from the enterprise IoT. This study extends the research on enterprise IoT and its potential application to the enterprise audit process. It provides a framework that illustrates how both internal and external auditors can reasonably assure the provenance and validity of enterprise IoT data while also evaluating the security and controls surrounding its production. [ABSTRACT FROM AUTHOR]

Purpose: In light of the repercussions of the COVID-19 pandemic, electronic auditing otherwise known as computer-assisted audit tools and techniques (CAATTs) has become inevitable to automate the auditing process worldwide. Accordingly, the purpose of this study is to examine the influence of technological, organizational and environmental (TOE) factors on public sector adoption of CAATTs in developing countries such as Jordan under the COVID-19 pandemic conditions. Design/methodology/approach: This study used 136 usable responses from the managers of internal audit (IA) of the Jordanian public sector entities. The data collected were analyzed using partial least squares-structural equation modeling. The TOE framework has been used in this study to consider a wide set of TOE factors. Then, this study suggests a CAATTs adoption model that incorporates the related technology factors of the diffusion of innovation theory to environmental and organizational factors. Further, this study contributes to the TOE framework by addressing government regulations, audit bodies' support and audit task complexity as environmental factors affecting CAATTs adoption in the context of the public sector. Findings: The results revealed that for technological factors, only the compatibility affects CAATTs adoption by the IA departments. For organizational factors, organizational readiness, top management support, auditors' information technology competency and entity size were found to be significant factors. From the environmental factors, both government regulation and audit task complexity influence the CAATTs adoption. Besides, entity size moderates the influence of top management support on the CAATTs adoption in the public sector. Practical implications: The findings could highlight the significance of the CAATTs adoption in the public sector institutions (by internal auditors) post-COVID-19, taking into consideration the TOE framework's factors. Also, the findings are significant for the decision-makers and regulators in declaring new legislation for the electronic IA profession in the Jordanian public sector. Social implications: It turns out that the CAATTs adoption in the public sector can definitely enhance their ability to achieve the role of IA in preserving public funds and restricting corrupt practices within the public sector. Originality/value: To the best of the authors' knowledge, this study is one of the first studies that address the professional audit agency support and audit task complexity as environmental factors, as well as the entity size as an organizational factor, that affect CAATTs adoption in the IA department of the public sector. [ABSTRACT FROM AUTHOR]

Copyright of Contemporary Accounting Research is the property of Canadian Academic Accounting Association and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Homeownership rates have declined, underscoring the significant challenges our society faces in affording homes. This research aims to develop an effective and precise tool for swiftly evaluating and filtering out unqualified applications and establish consistent review criteria for cities and townships across Taiwan. The proposed approach involves the creation of a tool that utilizes particle swarm optimization-based fuzzy hyperrectangular composite neural networks. This paper, chosen without political bias and based on a randomly selected year, uses a data set of 36,086 entries from across Taiwan, with each application containing 10 distinct features for further analysis. The result achieves an impressive accuracy rate of 98.6% and produces 66 recommended rules for determining eligibility for rental subsidies. The contributions of this study are twofold: (1) the rapid auditing tool benefits both government agencies and applicants, streamlining the application process; and (2) the 66 rules generated by the tool offer valuable guidance to internal auditors, expediting audits and reducing personal biases. This promotes a more standardized and efficient workflow. [ABSTRACT FROM AUTHOR]

The education and training of internal auditors is an example of management learning that has received limited attention in management education journals. This paper presents the lessons from an action research inquiry designed to reconfigure the internal auditing function to address the problem of a conformance mindset and compliance-based approach. We show how cultivating a "reflexive mindset" becomes a critical catalyst in developing an internal auditing approach that leads to the identification of misconduct, conduct risk, and deficiencies in the organization's conduct risk–management and governance frameworks. We contribute to advance reflexivity as a practice that can support the reconfiguration of management functions like internal auditing, not only by readjusting operating routines but also by encouraging internal auditors to critically (re)consider how their activities may contribute to the common good of the organization's members and customers. [ABSTRACT FROM AUTHOR]

Copyright of Environmental & Social Management Journal / Revista de Gestão Social e Ambiental is the property of Environmental & Social Management Journal and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This research is motivated by the phenomenon of fraud that still occurs in Islamic banking, which is incidentally based on Sharia principle, which may be due to weak implementation of Shariah governance. In addition, Shariah governance can also be the key to preventing fraud. The goal that will result from this research is to assist Islamic banks in efforts to prevent fraud, namely by Sharia governance. This research is descriptive research with a quantitative approach. The data source used in this study is primary data obtained using a questionnaire filled out by internal auditors at several Islamic banks in the city of Bandung. Data collection was done using observation and documentation techniques. A non-probability sampling technique was used in this study using convenience sampling. The program used for analyzing data was Smartpls. The results of the research show that Sharia governance is good. So that the potential for fraud in financial management in Islamic Banks will decrease. Based on the results of the study, Sharia governance has a positive and significant effect on fraud prevention. [ABSTRACT FROM AUTHOR]

Copyright of Environmental & Social Management Journal / Revista de Gestão Social e Ambiental is the property of Environmental & Social Management Journal and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Jordanian public-listed companies (PLCs) face significant internal, external pressures and risks that hinder their performance and survival in today’s high-risk business environment. The relatively recent implementation of Enterprise Risk Management (ERM) adds to its ineffectiveness, further complicating the situation. This study aims to examine the impact of internal auditors' characteristics on ERM effectiveness and internal audit effectiveness (IAE) from the Resource-Based View (RBV) perspective. Additionally, it explores the relationship between IAE and ERM effectiveness, as well as the mediating role of IAE. A quantitative cross-sectional research design was utilised, collecting data from Jordanian PLCs via questionnaires, with 119 final responses analysed using SPSS and SmartPLS softwares. The findings indicate that internal auditors' characteristics positively impact both ERM effectiveness and IAE. Furthermore, IAE positively impacts ERM effectiveness and serves as a partial mediator in this relationship. These results align with the RBV, highlighting that internal auditors' characteristics and IAE as valuable internal resources that foster sustainable competitive advantage. Practical implications include raising companies' awareness of the critical importance of internal auditors' characteristics and IAE, thereby offering a cost-effective solution to enhance ERM effectiveness. [ABSTRACT FROM AUTHOR]

Purpose: The article aims to analyze the perception of Internal Auditors of Federal Educational Institutions regarding the contributions of Internal Control to Public Governance. Methodology: Regarding the technical procedures for collecting research data, a structured questionnaire (Survey) with multiple choices was used, on a 10 (ten) point scale with alternatives of no agreement/a lot of agreement, with 1 being no agreement and 10 being very agreement. The analysis was carried out using Factor Analysis. Results: As a result of the research, it was identified that the factors: Risk-Based Audit Planning, Transparency, Public Integrity and Accountability, obtained the highest averages as contributions of internal control to public governance in the perception of the responding auditors. Factors such as the Provision of Consulting Services and Society Participation presented the lowest averages among the factors analyzed. After the factor analysis, it was found that the first factor, Adherence to International Auditing Standards, presents approximately 59.7% of the explanatory power of the variances contained in the sample. According to the auditors' perception, adherence or alignment with international auditing standards is representative of the evolution of the governance process in federal public administration. Contributions of the Study: The study contributes to the discussion on public governance regarding the contributions of internal control to its development. The results suggest that the process of adhering to international auditing standards is an irreversible process and recognized as necessary for the development of governance in the federal public sector, given that this adherence to international auditing standards presents itself as a factor with greater explanatory power in the analysis, signaling that for public administration to follow the evolution of its governance, it must remain integrated with international standards and best practices. [ABSTRACT FROM AUTHOR]

Internal audit is an independent function that provides objective assurance and advisory services to business partners in the form of projects. As the skilled human resources, internal auditors play a significant role in ensuring audit quality and thus should be managed properly. However, there are only very few studies on auditor-project assignment problems at the operational level. Also, many studies on general team formation problems neglect the real-life implications of simplifying mathematical models to enable practitioners to understand and implement. To bridge these gaps, this study presents a new integrated two-phase approach to assign internal auditors to multiple projects. In the designed decision support model, a harmonious level index is firstly proposed, measuring the suitability between auditor capability and project characteristics using a simplified fuzzy filter ranking method. Then, Min–Max multi-choice goal programming (MMCGP) model provides the assignment solution that balances internal auditors' multi-dimensional fit to the projects and their preferences, and thus optimizes the productivity of internal audit projects and staff's job satisfaction. A real case study is presented to illustrate the effectiveness of the proposed model and its solution. The comparison results further show that the proposed model outperforms the manual operations and the exiting approaches in the literature. This research extends the existing literature on auditor assignment problem by developing a flexible decision support tool and a practical classification of auditor competency. The MMCGP approach also provides an ideal staff assignment solution by setting multiple aspiration levels for each goal and balancing the unwanted deviations among goals. [ABSTRACT FROM AUTHOR]

Authoritative standards encourage external auditors to coordinate their efforts with the client's internal audit function (IAF) as part of a financial statement audit. Academic research on this relationship finds that it has the potential to improve audit quality and efficiency. The objective of this research is to better understand how coordination can impact the external auditor's decision to rely on the IAF. Prior research has shown that the reliance decision is complex and involves several factors that must be considered simultaneously. In this study, we surveyed external auditors to better understand the benefits of coordinating efforts, the antecedents to successful coordination, and the elements that potentially inhibit external auditors from relying on the work of internal auditors. We find that external auditors are coordinating with the IAF to achieve more efficient and effective audits. The degree of this reliance, however, does vary between audits and is largely dependent upon the perceived competence and objectivity of the IAF as well as effective communication. Our findings are informative to external audit practitioners and their decision to rely on IAFs and work towards a successful arrangement where the integrated audit is applied more efficiently and effectively. This additional insight also helps inform and direct future research into external auditors' coordination decisions. [ABSTRACT FROM AUTHOR]

Copyright of Environmental & Social Management Journal / Revista de Gestão Social e Ambiental is the property of Environmental & Social Management Journal and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper summarises survey study results identifying knowledge, skills, and attitudes (competencies) for entry‐level internal audit professionals that could be used to develop a curriculum for chartered professional accountant (CPA)‐bound students to pursue fulfilling careers in internal audit and related management positions under changing competency requirements. We built a survey based on the Institute of Internal Auditor's (IIA's) current Competency Framework, modified by insights from internal audit experts, including a suggestion to include a new information technology category. We then summarise responses from 641 internal audit professionals into a two‐dimensional visualisation highlighting the changes from currently identified competencies to expected changes in skill importance one decade in the future. The results highlight that future internal auditors will need to have a broader set of competencies than simply accounting and finance knowledge. Our future focus provides foundational insights related to the necessary and emerging competencies for academic programme planning, future research and practitioners' training and hiring strategies. [ABSTRACT FROM AUTHOR]

Copyright of Revista do Serviço Público (Civil Service Review) is the property of Revista do Servico Publico and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Unternehmung: Swiss Journal of Business Research & Practice is the property of Nomos Verlagsgesellschaft mbH & Co. KG and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This study aims to explain the practice of fraud prevention by internal auditors of the local government of Malang City. The research method used is critical ethnomethodology in the local government environment of Malang City. Seven informants served as key informants. The results showed that the internal auditors of the local government of Malang City have not been able to carry out their role optimally, due to the weak legitimacy of internal auditors, community involvement in fraud prevention programs, and partial fraud prevention activities. As a result, the research findings provide an overview of the regional inspectorate's institutional integration with elements authorized to handle fraud cases, such as BPKP and BPK. The findings of this study suggest that the Malang City Inspectorate should gain legitimacy through regulations, government support, and effective and efficient consultation to identify and prevent fraud. [ABSTRACT FROM AUTHOR]

In risk-based auditing, data-driven analyses are often used to automatically detect process deficiencies. This introduces a challenge: the number of deficiencies is too large to inspect manually. Current approaches addressing this challenge neglect integrating the risk dimension or rely on auditors to manually integrate it. This study aims to increase the effectiveness of such data-driven analysis approaches by including the risk dimension when presenting process deficiencies for further inspection. We investigate how the deficiency type and the affected control activity are associated with perceived risk. We run a discrete choice experiment with 58 auditors interpreting deficiencies that occur in a procure-to-pay or an order-to-cash process and find that (1) deficiencies of type "missing" or deficiencies related to asset-decrementing activities are perceived as the riskiest, (2) the control activity contributes 75 percent of the risk perception, and (3) external and internal auditors share a similar risk perception. [ABSTRACT FROM AUTHOR]

Although robotic process automation (RPA) usage is growing rapidly in accounting, concerns are emerging regarding the internal controls and overall governance structure surrounding RPA. To help address these concerns, we use a design science research approach and work with a Fortune 500 company to develop an RPA governance framework. The framework consists of four governance areas and 14 control requirements, which help maximize the benefits and minimize the risks associated with the use of RPA. We validate that the framework is useful and generalizable to many organizations by presenting the framework to and subsequently interviewing and surveying 86 professionals at different organizations, including internal and external auditors, chief audit executives at several multinational corporations, academics, accounting and finance professionals, and other RPA stakeholders. Their feedback suggests the framework is successful in achieving its objectives. [ABSTRACT FROM AUTHOR]

Internal auditing is an important part of the ISO/IEC 17025:2017 standard. Clause 8.8 of the ISO/IEC 17025:2017 standard describes the requirements that the testing and calibration laboratories need to follow in the area of internal auditing. However, the standard does not describe which technique to use when conducting internal audits and the ISO 19011:2018 standard (Guidelines for Auditing Management Systems) only mentions the audit methods that can be used by an auditor, lacking practical aspects. Based on the internal auditing technique used, non-conformities that are present may or may not be detected. For example, technical competency of an analyst cannot be completely ascertained by just thoroughly reviewing the related documents such as training records. Therefore, it is important that internal auditors utilize appropriate techniques during an internal audit for it to be an effective one. Different internal auditors use different techniques during the audit. The commonest way internal auditors use is to develop a checklist (usually the one used by the accreditation body to which the laboratory is affiliated) for auditing the compliance to the ISO/IEC 17025:2017 management system and witnessing the technical competence of the technical staff. The aim of this article is to share the techniques utilized by the author during the internal auditing of ISO/IEC 17025:2017 accredited testing laboratories. [ABSTRACT FROM AUTHOR]

Purpose: This study aims to examine the direct influence of workplace bullying (WB) on internal auditors' independence using the nexus between the agency theory and social exchange theory. From the internal auditors' perspective, the investigation covered both government and private colleges and universities in one of the Middle East countries. Design/methodology/approach: A survey was administered and delivered to internal auditors at each of the 85 educational institutions. A total of 267 valid questionnaires were analysed. The study's measurement and structural models were tested and evaluated by using SmartPLS v.4 and partial least squares-structural equation modelling. Findings: The study results indicated that bullying is common among senior managers, and that it has a significant, negative, high-level and direct effect on the independence of internal auditors in the higher education sector. Practical implications: Regulators and other stakeholders should make a deliberate effort to promote positive behaviours and abandon negative ones regarding the independence of internal auditors and the performance of audit teams, which play a crucial role in enhancing the efficiency of audit units. For example, enhancing coordination and communication internally and externally. In addition to providing the internal auditors with equitable advancement and learning opportunities, senior management should also support their professional development. Originality/value: To the best of the author's knowledge, this study is the first to examine the relationship between WB and the internal auditor's independence in the context of government and private organisations in Southwest Asian countries. [ABSTRACT FROM AUTHOR]

Purpose: This study explores the impact of external auditors' ethical behavior on audit quality, with a particular focus on the perspectives of internal auditors in publicly listed Pakistani companies. It aims to address the gap in literature concerning the interplay between ethical behavior, corporate ethical values, and perceived audit quality. Design/Methodology/Approach: Using Structural Equation Modeling (SEM), the study examines the direct and indirect effects of external auditors' ethics on audit quality, with corporate ethical values as a moderating factor. Data were collected via a mail survey and Google Forms from auditors in listed Pakistani firms, yielding 232 usable responses (61% response rate). The analysis utilized SPSS and AMOS for reliability, validity, factor analysis, regression, and correlation. Findings: Results reveal a positive relationship between ethical behavior and perceived audit quality, amplified by strong corporate ethical values. Companies prioritizing ethics reported enhanced audit quality, providing valuable insights for regulators and auditors. Implications/Originality/Value: This research contributes to the understanding of ethical behavior in audit quality, offering actionable insights for improving ethical standards in audit practices. The findings are pertinent for regulatory bodies, auditors, and policymakers aiming to strengthen financial disclosure integrity in Pakistan.

AbstractThis study endeavours to qualitatively examine the intricate interplay between organisational control, whistleblowing systems, fraud awareness, and religiosity from the unique perspective of internal auditors. We interviewed the state internal auditors of the Republic of Indonesia, including the inspectorate departments. We had fifteen informants participating in our study. The data confirm our theoretical framework. According to our proposed preventive measures (organisational control, whistleblowing system, fraud awareness and religiosity aspects), organisational control plays more significant role than others. We cannot claim that others are unimportant measures in preventing fraud. However, our study documents that other preventive aspects become complementary measures to enhance the effectiveness of organisational control. By viewing from a broad sense, those proposed preventive measures operate interactionist basis. This study is unique in its analysis as this study is the first study that qualitatively observes the interactions of organisational control, whistleblowing system, fraud awareness and religiosity aspects to prevent fraud. Our study contributes to fraud prevention literature. To date, we lack theoretical literature on the interactions of organisational control, whistleblowing system, fraud awareness and religiosity aspects to prevent fraud. Most of the prior studies examine those constructs in isolation from one another.

This paper aims to investigate the factors affecting risk-based internal audit (RBIA) implementation in public sector organizations in Saudi Arabia. This paper utilized 234 usable answered questionnaires from internal audit managers, internal auditors, accountants, and executives working in Saudi public sector agencies. The gathered data were analyzed by applying partial least squares–structural equation modeling (PLS-SEM). Results show that management support, internal auditor role, risk management system, and training in risk management all positively and significantly influence the RBIA. Improved internal auditing procedures and an efficient internal monitoring system will significantly curtail any risks impeding the organization's goals, diminish the temptation to fabricate financial data or statistics, and enhance the accuracy of financial reporting/statements. Moreover, this study's results have crucial implications for managers of public sector organizations, heads of internal audit departments, internal auditors, and accountants seeking to improve the reliability of internal audits and other aspects of financial information. Published research on what variables are influencing RBIA implementation is scarce. This study adds to the nascent literature by focusing on Saudi Arabian public sector organizations, establishing empirical variables based on an in-depth review of the relevant research and conducting an empirical investigation of the factors associated with RBIA implementation in the Saudi economy. By concentrating on public sector organizations in Saudi Arabia, this paper sheds light on other nations with comparable systems for governance policies and processes in their government-run entities. [ABSTRACT FROM AUTHOR]

Purpose: This paper seeks to investigate the factors influencing auditors' behavioural intentions towards blockchain technology (BT) adoption in Iraqi government banks. It also highlights the relationships between these factors to determine if the proposed model can provide a more comprehensive means of comprehending how auditors in government banks have adopted BT. Design/methodology/approach: The study uses the unified theory of acceptance and use of technology and expands it by incorporating five external constructs: "system trust", "cost", "transparency", "security" and "auditor's skill." This study employed a quantitative and exploratory methodology through the gathering and examination of data from 300 auditors. For the evaluation of the measurement and structural models, the authors adopted the partial least squares structural equation modelling approach with SmartPLS v4. Findings: The findings demonstrate that "auditor's skill and four government features of BT adoption" are major factors in government bank auditors' adoption of BT. Additionally, the findings indicate that social influence is a potent indicator of one's intention to adopt BT in the banking industry. Research limitations/implications: One limit of this study is the selection of governmental perspective. This study is limited to auditors' opinions, who work at the government banks. Further studies may consider other perspectives in order to provide an in-depth analysis of blockchain. Practical implications: This paper offers valuable insights into the factors influencing the adoption of blockchain technology in Iraqi governmental banks. It provides empirical evidence supporting auditing units and internal auditors in enhancing their job performance through the adoption of such technology. Originality/value: This study contributes to the existing literature on technology adoption within the audit profession, specifically examining the use of blockchain technology. By exploring the features of technology adoption within government institutions in the auditing field, it introduces a new perspective, emphasizing the importance of auditor skills. [ABSTRACT FROM AUTHOR]

Copyright of Accounting & Financial Studies Journal is the property of Republic of Iraq Ministry of Higher Education & Scientific Research (MOHESR) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Accounting & Financial Studies Journal is the property of Republic of Iraq Ministry of Higher Education & Scientific Research (MOHESR) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Accounting & Financial Studies Journal is the property of Republic of Iraq Ministry of Higher Education & Scientific Research (MOHESR) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Accounting & Financial Studies Journal is the property of Republic of Iraq Ministry of Higher Education & Scientific Research (MOHESR) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This research was conducted with the aim of finding out and analyzing the role and influence of the independence of internal auditors and whistleblowing data systems in detecting accounting fraud in private, public sector organizations or non-governmental organizations. This research is qualitative research with descriptive analysis methods based on literature studies with secondary data through scientific articles, news, books, previous research and the internet over the last five years, namely 2019-2023. The results of this research are that the independent attitude of internal auditors and the whistleblowing data system is very good and has a significant effect on detecting accounting fraud. Although there are several factors that influence the effectiveness of implementing an independence attitude and whistleblowing system, such as the control environment, relationships with clients, incentives for whistleblowers, and binding regulations and other related factors. [ABSTRACT FROM AUTHOR]

Copyright of Journal Public Administration & Social Management / Administração Pública e Gestão Social is the property of Administracao Publica e Gestao Social and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Purpose: This research paper aims to investigate the effects of internal audit's (IA) use of data analytics and the performance of consulting activities on perceived IA quality. Design/methodology/approach: The authors conduct a 2 × 2 between-subjects experiment among upper and middle managers where the use of data analytics and the performance of consulting activities by internal auditors are manipulated. Findings: Results highlight the importance of internal auditor use of data analytics and performance of consulting activities to improve perceived IA quality. First, managers perceive internal auditors as more competent when the auditors use data analytics. Second, managers perceive internal auditors' recommendations as more relevant when the auditors perform consulting activities. Finally, managers perceive an improvement in the quality of relationships with internal auditors when auditors perform consulting activities, which is strengthened when internal auditors combine the use of data analytics and the performance of consulting activities. Research limitations/implications: From a theoretical perspective, this research builds on the IA quality framework by considering digitalization as a contextual factor. This research focused on the perceptions of one major stakeholder of the IA function: senior management. Future research should investigate the perceptions of other stakeholders and other contextual factors. Practical implications: This research suggests that internal auditors should prioritize the development of the consulting role in their function and develop their digital expertise, especially expertise in data analytics, to improve perceived IA quality. Originality/value: This research tests the impacts of the use of data analytics and the performance of consulting activities on perceived IA quality holistically, by testing Trotman and Duncan's (2018) framework using an experiment. [ABSTRACT FROM AUTHOR]

Purpose: This study aims to examine the effect of professional commitment, commitment to ethics, internal locus of control and emotional intelligence on the ability to detect fraud through reduced audit quality behaviors. Design/methodology/approach: The analysis unit is the internal auditor in internal control unit at state Islamic religious higher education in Indonesia. Data processing used covariance-based structural equation modeling using Lisrel Software and the Sobel test to verify the direct and indirect effects. Findings: This study found empirical evidence that professional commitment and emotional intelligence positively impact the ability to detect fraud. Commitment to ethics and emotional intelligence has a negative effect on reduced audit quality behaviors. Furthermore, this study also provides that commitment to ethics and emotional intelligence indirectly impacts on the ability to detect fraud through reduced audit quality behaviors. Practical implications: The organization periodically monitors auditors' behaviors, especially reduced audit quality behaviors, during the audit process and encourages regulators to formulate policies related to increasing the ability to detect fraud. Originality/value: This study provides knowledge regarding the driving force of internal auditors to mitigate reduced audit quality behaviors and increase the ability to detect fraud. [ABSTRACT FROM AUTHOR]

Artificial intelligence (AI) can support the company's internal audit function (IAF) by delivering substantial strategic oversight, minimizing manual procedures, and making possible additional value-added auditing service. Currently, there are research gaps in the literature, such as limited studies on the topic, low AI adoption rates in the IAF across different countries and regions, and a shortage of comprehensive frameworks for effectively using AI in the IAF. Hence, this review work aims to fill the research gap by offering an outline of research avenues on the topic in the literature and suggesting a new compressive framework for the effective use of AI in the IAF. This paper undertakes a systematic literature review (SLR) approach and aspires to highlight the state of research on the use of AI in the IAF, to deliver insight for scholars and industry experts on the issue, and to reveal the implications for IAF of the new AI technology. Moreover, to quickly make artificial intelligence work in internal audit functions, the CACS framework was recommended with attributes such as commitment, access, capability, and skills development (CACS). This work provides significant contributions for guiding future research directions and the development of theoretical foundations for the IAF field. On a practical level, the work will help internal auditors to assess and understand the potential advantages and risks of implementing AI in their organization's IAF. For regulators, this review should prove useful for updating regulations on internal auditing in the context of using advanced technology such as AI and for ensuring the compliance of internal auditing practices to the evolving technology. Organizations can also benefit from this review to decide whether AI investments in their IAF are justified. This review made an initial extensive SLR on AI use in the IAF as a basis for developing new research avenues in auditing and accounting. [ABSTRACT FROM AUTHOR]

This study investigates the moderating effect of corporate governance on the associations of the internal audit and quality of the internal audit with the quality of financial reporting among commercial banks in the Republic of Yemen. The final sample includes 210 internal auditors, heads of internal auditors, chairpersons, and members of audit committees. Using a survey-based methodology, the results of the Smart-PL4 analysis showed a positive association between the internal audit and quality of the internal audit and quality of financial reporting. Interestingly, the results showed an insignificant association between the internal audit, quality of the internal audit, and quality of financial reporting when considering the moderating effect of corporate governance. It is worth noting that the results confirm the existence of a positive relationship between the internal audit, quality of the internal audit, and quality of financial reporting. This confirms the importance of the internal audit and quality of the internal audit in enhancing the quality of financial reports and instilling confidence in improving internal control processes and the financial reporting framework. Among the study's many contributions are that it enhances current research on the interrelationship between internal auditing, quality of internal audits, and quality of financial reporting. It highlights the pivotal role of the internal audit, its effectiveness, and its ability to improve the quality of financial reports. This study calls for more stringent internal controls and posits that strengthening the internal audit and quality of the internal audit, along with improving corporate governance, can enable managers to raise financial reporting standards in banks. It also provides a mechanism for audit committees to monitor internal audit processes and evaluate internal performance. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to examine the implications of the COVID-19 pandemic on internal auditing as the pandemic forced individual internal auditors and audit teams to conduct the work remotely. Design/methodology/approach: Five in-depth semi-structured interviews of internal audit experts that work in German retail and manufacturing industry were conducted between February and April 2021. Findings: The authors find that the importance of audit technologies did not change significantly due to the pandemic, as audit technologies were already an integral part of internal audits. Interestingly, the transition to remote audits occurred with remarkable speed and efficiency. The presence of well-functioning information and communication technologies emerges as a critical facilitator for effective remote communication, collaboration and data exchange. However, audit technologies can only partially replace physical on-site examinations and human interaction. The main challenges of remote audits are related to the auditing of non-digitalized processes and the inherent limitations of auditee interviews and interactions. Research limitations/implications: The authors' interview approach does not allow to cover variations between industries and between countries. While internal audit experts provided notably consistent responses during the interviews, acknowledging that the sample size is very small is important. Practical implications: The COVID-19 pandemic serves as a catalyst for increased digitalization and technology adoption within the realm of internal auditing. A hybrid approach combining the benefits of on-site and remote audits is expected to prevail in the future. Originality/value: The paper is among the first to document the effects of the COVID-19 pandemic on the work of internal auditing using field-based research methods. [ABSTRACT FROM AUTHOR]

The tremendous development of IT requires auditors to be equipped with IT knowledge and tools to navigate the rapid development of e-government in public sectors, supporting the nation's transformation agenda. However, the audit technology used by public sector auditors remains underutilized. This study examines Malaysian public sector internal auditors' readiness for digital auditing. Questionnaires were distributed to 149 internal auditors, and the data were analyzed using PLS-SEM. Findings revealed that only technological and environmental factors were found to have a significant influence on the readiness of internal auditors to utilize digital auditing in their jobs, whereas organizational factors had no significant influence. The findings are anticipated to enrich the body of knowledge on the readiness of Malaysian public sector internal auditors to embrace digitalization as part of their routine. Understanding determinants is crucial for authorities to ensure digital economy players, including public sector internal auditors, are technology-ready for digital competencies. JEL Classifications: M42; M48. [ABSTRACT FROM AUTHOR]

International best practices require that corporate governance principles are introduced to guide institutions to operate in the best interest of stakeholders. Some local governments in Ghana have not been able to perform to improve the lot of the people despite the fact that corporate governance principles have been established in their systems. In an attempt to find the underlying reasons, this study assessed the corporate governance framework of four local governments in Ghana. The in-depth interview design was adopted and purposive sampling procedure was employed to select 25 key informants who provided primary data for the study. The informants were four Internal Auditors, four Co-ordinating Directors, four members of Audit Committees, three District Auditors, four Regulators from national level, and six members from District Planning Coordinating Unit of the Assemblies. Data collection methods were key informant interview and library search. Interview guide and document review guide were data collection instruments used. Pattern matching, comparison, content analysis, and interpretation were employed to analyse the data. The study revealed that the components of the corporate governance framework of the selected local governments were the same as that of the standard framework. However, there were lapses in their functioning. The recommendation is that the management bodies and officers responsible for the lapses in functioning of the components should be sanctioned. [ABSTRACT FROM AUTHOR]

The purpose of this study is to assess how the different elements of the audit process contribute to corporate governance. The sample comprises 124 firms, chosen using convenience sampling. The respondents are risk management specialists and internal auditors. To analyze the data, a structural equation model is employed. The results demonstrate a direct and positive correlation between the components of the audit process and the perception of corporate governance quality. These findings underscore the importance for organizations to adopt diverse practices that effectively allocate resources to enhance the quality of the audit process. [ABSTRACT FROM AUTHOR]

This article provides a brief guide on risk management plans for projects. The purpose of these plans is to document how a project will implement its risk management process. Risk Management Plans should be concise, short, and readable, with a recommended length of no more than six pages. The article also discusses the pros and cons of using template plans and emphasizes the importance of implementing the risk management process as planned. It also suggests that contractors may be contractually obliged to produce and implement an agreed risk management plan. The article concludes with common mistakes to avoid when developing risk management plans. [Extracted from the article]

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