accuracy of the data and operating effectively to achieve the objectives or objectives of the organization. It determines whether IT measures protect resources, ensure data reliability, and help achieve overall business goals and objectives. The IT auditors estimate not only physical security controls, but also the operational and financial sectors that involve information technology systems. IT audits are used to ensure that IT controls and processes work properly. Its main objectives
role of internal audit to reduce the practices of earnings management and ensure the quality of earnings number that prepared in accordance with the accrual basis. Some recent studies indicated that there is reason to believe that a good level of performance internal audit can lead
CHAPTER 1 1.0. INTRODUCTION 1.1. PREFACE Internal audit plays a critical role in the Corporate Governance structure and process in an organization and posits as a key component of the independent risk management oversight function. MFI policy on the internal audit function is, therefore, designed to ensure that internal audit provides the Board with the independent assurance that the risk management, control and governance policies and processes are being complied with. The Board of Directors of
company as it provides transparency, competence and accountability. The auditors are to provide independent assurance to the shareholders that the prepared financial statement is correct. That why the auditors conduct an audit on the financial statement of a firm with integrity and independence so that it is free from error and fraud. The research is going to show in regards to Critical analysis of the independence of the internal audit function through its relationship with management and the audit
Economic Co-operation and Development (OECD) first proposed on corporate governance. In a United States, the audit committee is stressed, China also gradually set independent Director and the corporate governance, Hong Kong Exchange and Clearing Ltd (HKEX) also has launched on 2005, required all listed company at least to review a internal control system for a annual , corporate governance has became important element for the development countries . Corporate governance is a system of rules. Corporate
anticipated disputes or litigation. According Crumbley et al. (2005) “Forensic” means “suitable for use in a court of law,” and it is to that standard and potential outcome that forensic accountants or auditors generally have to work. Forensic auditing
The ability to anticipate financial distress is considered necessary to the users of financial statement especially to those who use them in their planning such as manage, investors, creditors and auditors (Wan Ismail, Raja Ahmad, Kamarudin and Yahaya, 2005). Researchers had put their interest in predicting the financial distress model to guide the policy makers and managers to take corrective measures and possible prevention in the firms. According
at which your products can satisfy their needs. A good way to begin is to start with a general industry overview, analysis of market demand, growth forecast, market competition, and thereafter a target market analysis. Other analyses that are contained in the commercial and marketing plan include SWOT analysis (Strength, Weakness, Opportunities and Threats), route profitability analysis. Here in this section, the airline’s market penetration strategy is discussed so also strategies for increasing the