A Review on Knowledge Audit Process

Knowledge audit output helps organizations to make recommendation of KM strategy which later can be used for better managing the knowledge. This paper reviews literature on knowledge audit process with the aim to understand the process, the data gathering techniques employed and the roles of knowledge audit. It aims to report the research gaps and propose directions for future research in this domain. A comprehensive three-stage method for extracting, analyzing and reporting the literature-based findings was applied in analyzing the literature survey. The literature survey is based on a search for the keywords “knowledge audit”, “knowledge audit process”, “knowledge audit output” and “knowledge audit roles”, first on the ISI Web of Knowledge online database, followed by Association of Information Systems basket of top journals and other reputable literatures. The paper concludes with an understanding on how knowledge audit is conducted, the data gathering techniques used and its contributions to the organization. However no literature was found on knowledge audit practices for inter-organization. Future research on how knowledge audit could be extended for inter-organization is suggested at the end of the paper. However, this paper only covers literature that discussed in depth the knowledge audit process published in certain journals. Never the less, it is believed that the findings provide a valuable understanding of the current situation in this research field

The Role of the Audit Committee In Risk Management

Risk is a Board responsibility, which cannot be delegated. The boundaries of the audit committee lie somewhere below strategic risk, which is a Board function, and above detailed internal control, which belongs to management. However, there was no consensus about just where those boundaries lie. The flipside of risk is opportunity, and the Board should set a risk appetite for the organisation that reflects this. The Combined Code suggests a role for a Board-level risk committee, comprising independent non executives. The participants in the discussion did not think this to be practical: risk management must involve executives. There is a danger that too much focus on the process of risk management could lead to complacency or to a lack of focus on the risks themselves. The review of risk at Board and audit committee level necessitates having non executive directors with a suitable range of backgrounds. The skills mix, as well as financial, should include high-level business knowledge, for example the understanding of significant opportunities/risks specific to the business. A key aspect of risk management is understanding the culture of the organisation. Non executives, with limited contact below Board level, may find difficulty in understanding the culture at lower levels of the organisation. The audit committee's role in risk management requires a strong relationship with the internal audit function of the organisation, one of whose roles is as a ‘financial policeman'. Different types of risk should be addressed in different ways. Financial, operational and strategic risk have little in common, and their management and review should reflect the context of the particular compa

Knowledge audit as an important tool in organizational management:A review of literature

The purpose of this paper is to review current literature on knowledge management and highlight the importance of knowledge audit in bringing about a holistic knowledge solution to knowledge management. Based on the review of literature on knowledge management, this study points out the role of knowledge audit in solving the challenges in organizations’ tacit and explicit knowledge. Specifically, the paper concentrates on knowledge audit, knowledge risk and international and national standards on knowledge audit processes. The contribution of this study to literature are the suggestions that knowledge risk and international standards procedures could be applied to knowledge audit. The important conclusion of this paper is that knowledge risk management has not been fully explored in the study of knowledge audit. The paper addresses the research question of what organizations must embark on in the process of knowledge audit. The paper attempts to provide answer to the question by highlighting the importance of knowledge audit and the reasons why organizations carry out knowledge audit, and also the existing knowledge audit frameworks and methodologies

Development of an Instrument to Identify Unique Supply Officer Knowledge

Air Force supply officers possess a unique body of knowledge. This unique body of supply officer knowledge is an Air Force intellectual asset. The value of these intellectual assets depends on the value created by the application of the organization\u27s knowledge and the value his knowledge creates. This thesis establishes a process for measuring the value created by unique supply officer knowledge. The first step in the methodology is to identify mandatory supply knowledge. This was accomplished through review of Air Force guidance and se of a knowledge audit questionnaire. The knowledge audit provides a means for assessing what knowledge is needed or contained within an organization. The knowledge audit conducted as part of this research effort resulted in the development of 11 mandatory supply knowledge categories consisting of 49 sub-categories. The second phase of the methodology requires the identification of unique supply officer knowledge. The identification of unique supply officer knowledge is necessary so that the contributions, or value, of the knowledge to the accomplishment of the Air Force mission can be determined. This research concludes with the development and testing of a survey instrument for use in identifying unique supply officer knowledge

A Comparative Analysis Of Audit Service Supply Using Desk And Working Paper Reviews

The Texas Education Agency (TEA) performs extensive reviews of audit working papers for selected Texas school district audits to evaluate the quality of audit services rendered by independent accountants. These reviews are referred to as Quality Control Reviews (QCRs). The TEA also conducts desk reviews of all audited financial statements issued by Texas independent school districts. During the desk review process, the TEA performs a limited check of the accuracy of financial statement amounts, completeness of financial disclosures, and existence of proper audit output. Prior research suggests that desk reviews and quality control reviews both measure audit quality (Colbert and O’Keefe 1995; Copley et al. 1994; Deis and Giroux 1992, 1996; Giroux et al. 1995; O’Keefe and Westort 1992; O’Keefe et al. 1994). The purpose of the paper is to determine if desk reviews capture the same audit quality information as quality control reviews. If so, regulators should focus resources on desk reviews since they are more timely and economical than QCRs. The results of the study, however, indicate that desk reviews and quality control reviews do not measure the same constructs. The findings suggest that desk reviews measure the industry specific knowledge of the auditor, which is only one aspect of audit quality. Moreover, it was observed that some audits passing the desk review were graded low in quality by the working paper review. This finding suggests that low audit quality may be more prevalent than generally suspected and that steps to improve audit quality and auditor credibility are warranted

The effect of quality management processes (continuous improvement) on knowledge creation: A case study in telecommunication company of Hormozgan

Today, the managers of the organizations considered quality management due to the intense competitive pressures and the attempt for its sustainability. Based on various studies, it was concluded that establishment of good quality management in the organizations leads into the improvement of organization performance and achieving competitive advantage for the organization. Most of the activities done to improve the quality in organization require knowledge creation in the organization. A study was done regarding the effect of quality management processes on knowledge creation in Telecommunication Company of Hormozgan province. The present study evaluated the condition of quality management system processes (measuring customer satisfaction, dealing with the complaints of the customer, internal audit, management review, process monitoring/product and corrective actions) of the organization regarding knowledge creation. The present study was descriptive-survey design from field branch. The study population was auditors and experts of quality management system. The calculated sample was 30 people in the company. The measuring instrument of the present study was a researcher-made questionnaire with 48 close questions. The reliability was calculated by Cronbach’s alpha as 0.827. Finally, the results of the study emphasized on the fact that: Processes (measuring customer satisfaction, dealing with the customer complaint, management review, corrective actions) in the organization led into the knowledge creation and share and improving the performance at lower average. The internal audit processes and process monitoring/ product in the organization led into the knowledge creation and share and improving the above average performance (desirable). The positive and negative factors in this case (6 cases) were analyzed and finally to improve the organization performance and increasing organizational knowledge, some solutions were presented

The effect of quality management processes (continuous improvement) on knowledge creation: A case study in telecommunication company of Hormozgan

Today, the managers of the organizations considered quality management due to the intense competitive pressures and the attempt for its sustainability. Based on various studies, it was concluded that establishment of good quality management in the organizations leads into the improvement of organization performance and achieving competitive advantage for the organization. Most of the activities done to improve the quality in organization require knowledge creation in the organization. A study was done regarding the effect of quality management processes on knowledge creation in Telecommunication Company of Hormozgan province. The present study evaluated the condition of quality management system processes (measuring customer satisfaction, dealing with the complaints of the customer, internal audit, management review, process monitoring/product and corrective actions) of the organization regarding knowledge creation. The present study was descriptive-survey design from field branch. The study population was auditors and experts of quality management system. The calculated sample was 30 people in the company. The measuring instrument of the present study was a researcher-made questionnaire with 48 close questions. The reliability was calculated by Cronbach’s alpha as 0.827. Finally, the results of the study emphasized on the fact that: Processes (measuring customer satisfaction, dealing with the customer complaint, management review, corrective actions) in the organization led into the knowledge creation and share and improving the performance at lower average. The internal audit processes and process monitoring/ product in the organization led into the knowledge creation and share and improving the above average performance (desirable). The positive and negative factors in this case (6 cases) were analyzed and finally to improve the organization performance and increasing organizational knowledge, some solutions were presented

The effect of quality management processes (continuous improvement) on knowledge creation: A case study in telecommunication company of Hormozgan

Today, the managers of the organizations considered quality management due to the intense competitive pressures and the attempt for its sustainability. Based on various studies, it was concluded that establishment of good quality management in the organizations leads into the improvement of organization performance and achieving competitive advantage for the organization. Most of the activities done to improve the quality in organization require knowledge creation in the organization. A study was done regarding the effect of quality management processes on knowledge creation in Telecommunication Company of Hormozgan province. The present study evaluated the condition of quality management system processes (measuring customer satisfaction, dealing with the complaints of the customer, internal audit, management review, process monitoring/product and corrective actions) of the organization regarding knowledge creation. The present study was descriptive-survey design from field branch. The study population was auditors and experts of quality management system. The calculated sample was 30 people in the company. The measuring instrument of the present study was a researcher-made questionnaire with 48 close questions. The reliability was calculated by Cronbach’s alpha as 0.827. Finally, the results of the study emphasized on the fact that: Processes (measuring customer satisfaction, dealing with the customer complaint, management review, corrective actions) in the organization led into the knowledge creation and share and improving the performance at lower average. The internal audit processes and process monitoring/ product in the organization led into the knowledge creation and share and improving the above average performance (desirable). The positive and negative factors in this case (6 cases) were analyzed and finally to improve the organization performance and increasing organizational knowledge, some solutions were presented

Improving the Management of Large Colorectal Polyps

This thesis is focused on identifying current practices in the management of large non pedunculated colorectal polyps (LNPCPs) and the development of a structured management framework to improve outcomes. The methodology used includes a systematic review to ascertain current knowledge and retrospective quantitative analysis to identify current LNPCP management outcomes. The English Bowel Cancer Screening Programme (BCSP) which has a high volume of recorded LNPCP data was used to facilitate the latter process. In addition, qualitative analysis using consensus methodology to create best practice guidelines, key performance indicators (KPIs) to audit LNPCP outcomes and a complex polyp multidisciplinary team process was undertaken. The main outcomes of this thesis were: 1. Confirmation of variation in LNPCP management practices leading to variable outcomes 2. Formulation of evidence based and expert consensus LNPCP management guidelines 3. Identification of KPIs to allow audit of LNPCP management and outcomes 4. Identification of pertinent research questions to improve evidence LNPCP base 5. Development and pilot of regional complex polyp multidisciplinary team meetin