MANAGEMENT OF THE INTERNAL AUDIT FUNCTION INTERNAL AUDITING (According to IIA) -Azleen Ilias- 1 IPPF_AI The learning objectives Understanding the importance of proper positioning of the internal audit function within the organization Identify the benefits of various organization structures Identify the roles of responsibilities of the key positions Understand the policies and procedures of internal auditing 2 IPPF_AI Relevant standards 1000 – Purpose‚ Authority
Premium Auditing Internal audit Management
Organisational strategy 3 2.2 Employee control problems 4 2.2.1 Lack of directions 4 2.2.2 Lack of motivation 4 2.2.3 Personal limitations 4 2.3 Processes and output 4 3. Management Control System 5 3.1 Action controls 5 3.1.1 Preaction reviews - Audit Management Information System (AMIS) 5 3.1.2 Action accountability and Redundancy - employee/partner involvement 5 3.2 Result controls 6 3.2.1 Audit reviews 6 3.4 Personnel controls 6 3.4.1 Training and provision of resources
Premium Audit Auditing Management
APPRAISAL OF THE ECONOMIC IMPLICATION OF ELECTRONIC BANKING IN NIGERIA BANKS (A CASE STUDY OF DIAMOND BANK PLC NIGERIA) CHAPTER ONE 1.1 BACKGROUND OF THE STUDY Before the emergence of modern banking system‚ banking operation was manually done which lead to a slow down in settlement of transactions. This manual system involves posting transactions from one ledger to another which human handles. Figures or counting of money which should be done through computers
Premium Bank Online banking Electronic commerce
the research questions. Therefore the data collected on the effectiveness of the ZDF BF internal controls could be justified. Figure 4.4 displays the subjects’ response rate. Figure 4.5: Response rate. Source: Primary Data. 4.2 The Nature and Type of Available ZDF BF Internal Control System The discussion‚ on the evaluation of ICS in the dissertation‚ was mostly based on the COSO Integrated Internal Control Framework given its broad concepts‚ applicability to most entities and consolidated history
Premium Management Marketing Statistics
Internal Accountant’s Report to Management It is my opinion that a full financial status review would be in the best interest of the Company. We have taken pride in the fact that we qualify for Government contracts. We should not let anyone else find any fault within our Company. In conducting such a review‚ we would be able to thoroughly examine aspects of not only our control systems but our personnel and practices. Through a full financial status review we will also be able to determine
Premium Political corruption Public Company Accounting Oversight Board Extortion
Internal Memorandum to Management Jeff Jeffcoat ACC/566 February 3‚ 2014 Jacqueline Pierson Internal Memorandum to Management In preparation for our upcoming government contract‚ it is imperative that we perform a full financial status review. There is good reason for this. We will have to make representations and warranties to the government that are strict and enforceable. These representations and warranties are made by our company to establish credibility in the eyes of the largest
Premium Political corruption Foreign Corrupt Practices Act Bribery
University Of Bahrain Collage of Business Administration A Paper Highlighting: How accounting fraud has changed merger valuation Prepared For: Professor Omar Al-‐Jahmani Course: Advanced Financial Accounting (ACC 610) Term: Second Semester‚ 2012-‐2013 Prepared By: Mohamed
Premium Mergers and acquisitions Corporate finance Stock
Topic: HUMAN RESOURCE MANAGEMENT PRACTICES IN NIGERIA. Content: Abstract Introduction • History of Human Resource Management • History of Human Resource Management in Nigeria Main body • HRM in Nigeria • HRM activities in Nigeria • Problems facing HRM in Nigeria Conclusion • Summary of points Reference Abstract: Human Resource Management is fast gaining popularity and its importance is becoming unavoidable‚ this is due to the fact that Human Resource Management plays a huge role in
Premium Management Organization Strategic management
Business Administration Stamford University Bangladesh. My supervisor asked me to prepare a report on internal control system of nationalized banks of Bangladesh in internal auditor’s perspective including a survey questionnaire. I personally was so interested about the topic. That’s way I have chosen the topic “Effectiveness of Internal Control Systems of Nationalized Banks of Bangladesh: Internal Auditors perspective”. 1.2 Objectives of the Report: The objectives of the report are: 1.
Premium Bank Central bank
this respect that the writer has chosen this topic: The impact of Internal auditing in the telecommunication industry with Vodafone Ghana Limited as the case study. 1.0 BACKGROUND OF THE STUDY Mautz and Sharaf (1961) defines auditing as a systematic process of objectivity; obtaining and evaluating evidence against assertion and established criteria and commence communicating the results to interested users. Internal auditing is an independent appraisal functions established within an
Premium Auditing Audit Internal audit