The Internal Control Explosion
| Autor: | Steven Maijoor |
|---|---|
| Rok vydání: | 2000 |
| Předmět: |
Control environment
business.industry health care facilities manpower and services Corporate governance education Accounting research Accounting Internal control Audit Internal audit Joint audit Information technology audit business General Economics Econometrics and Finance health care economics and organizations |
| Zdroj: | International Journal of Auditing. 4:101-109 |
| ISSN: | 1099-1123 1090-6738 |
| DOI: | 10.1111/1099-1123.00305 |
| Popis: | The central theme in Power's 1997 book on the audit society is the proliferation of audit activity within the United Kingdom (UK) and North America. The most important joint development with the audit explosion is the rise of internal control systems. Auditing has shifted from auditing outcomes to auditing systems, and internal controls have become the subject of public policy debates on the regulation of corporate governance and the regulation of auditing. Power states that there is much confusion in practice about what (effective) internal controls actually are. This paper makes a similar argument with respect to internal control research. Internal controls are studied in various areas of accounting research, covering very different concepts, and studying controls at different organizational levels. As a result, the cross-fertilization between the various types of internal control research is limited. Also, most internal control research in accounting is not conducted within the context of wider corporate governance issues. Hence, many claims about the value of internal control systems for corporate governance still need to be studied. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Plný text