The use of internal audit by Australian companies

Purpose – The purpose of this study is to explore the voluntary use of internal audit by Australian publicly listed companies and to identify factors that lead listed companies to have an internal audit function. Design/methodology/approach – Drawing on the Institute of Internal Auditors' definition of internal auditing, the paper predicts that internal audit use is associated with factors related to risk management, strong internal controls and strong corporate governance. To test the predictions, the study combines data from a survey of listed companies with information from corporate annual reports. The paper also provides descriptive information on the use of internal audit. Findings – The results indicate that only one-third of the sample companies use internal audit. While size appears to be the dominant driver, there is also a strong association between internal audit and the level of commitment to risk management. However, the study finds only weak support for an association between the use of internal audit and strong corporate governance. Research limitations/implications – A limitation of our study is that some of the variables in the model may not be good proxies for the factors being measured. Refinement of the model and the variables used provides an opportunity for future research. Practical implications – The limited use of internal audit by Australian companies has important implications for sound corporate governance. Originality/value – This is the first study that identifies factors associated with the use of internal audit by Australian listed companies

The 1982 NASA/ASEE Summer Faculty Fellowship Program

A NASA/ASEE Summer Faculty Fellowship Research Program was conducted to further the professional knowledge of qualified engineering and science faculty members, to stimulate an exchange of ideas between participants and NASA, to enrich and refresh the research and teaching activities of participants' institutions, and to contribute to the research objectives of the NASA Centers

Investigation of LANDSAT follow-on thematic mapper spatial, radiometric and spectral resolution

The author has identified the following significant results. Fine resolution M7 multispectral scanner data collected during the Corn Blight Watch Experiment in 1971 served as the basis for this study. Different locations and times of year were studied. Definite improvement using 30-40 meter spatial resolution over present LANDSAT 1 resolution and over 50-60 meter resolution was observed, using crop area mensuration as the measure. Simulation studies carried out to extrapolate the empirical results to a range of field size distributions confirmed this effect, showing the improvement to be most pronounced for field sizes of 1-4 hectares. Radiometric sensitivity study showed significant degradation of crop classification accuracy immediately upon relaxation from the nominally specified values of 0.5% noise equivalent reflectance. This was especially the case for data which were spectrally similar such as that collected early in the growing season and also when attempting to accomplish crop stress detection

Research reports: The 1980 NASA/ASEE Summer Faculty Fellowship Program

The Summer Faculty Fellowship Research Program objectives are: to further the professional knowledge of qualified engineering and science faculty members; to stimulate an exchange of ideas between participants and NASA; to enrich and refresh the research and teaching activities of participants and institutions; and to contribute to the research objectives at the NASA centers. The Faculty Fellows engaged in research projects commensurate with their interests and background and worked in collaboration with a NASA/MSFC colleague

Thermal distortion analysis of the space station solar dynamic concentrator

A method was developed to evaluate the thermal distortion of the Space Station Solar Dynamic Concentrator and the effects of thermal distortion on concentrator optical performance. The analytical method includes generating temperature distributions with TRASYS and SINDA models, interfacing the SINDA results with the SINDA-NASTRAN Interface Program (SNIP), calculating thermal distortion with a NASTRAN/PATRAN finite element model, and providing flux distribution maps within the receiver with the ray tracing OFFSET program. Temperature distributions, thermally induced slope errors, and flux distribution maps within the receiver are discussed. Results during a typical orbit indicate that temperatures of the hexagonal panels and triangular facets range between -18 and 99 C (-1 to 210 F), facet rotations are less than 0.2 mrad, and a change in facet radius due to thermal flattening is less than 5 percent. The predicted power loss with thermal distortion effects was less than 0.3 percent. The thermal distortion of the Solar Dynamic concentrator has negligible effect on the flux distribution within the receiver cavity

Epitaxial Ferromagnetic Nanoislands of Cubic GdN in Hexagonal GaN

Periodic structures of GdN particles encapsulated in a single crystalline GaN matrix were prepared by plasma assisted molecular beam epitaxy. High resolution X-ray diffractometery shows that GdN islands, with rock salt structure are epitaxially oriented to the wurtzite GaN matrix. Scanning transmission electron microscopy combined with in-situ reflection high energy electron diffraction allows for the study of island formation dynamics, which occurs after 1.2 monolayers of GdN coverage. Magnetometry reveals two ferromagnetic phases, one due to GdN particles with Curie temperature of 70K and a second, anomalous room temperature phase.Comment: 4 pages, 3 figure

The 1981 NASA/ASEE Summer Faculty Fellowship Program: Research reports

Research reports related to spacecraft industry technological advances, requirements, and applications were considered. Some of the topic areas addressed were: (1) Fabrication, evaluation, and use of high performance composites and ceramics, (2) antenna designs, (3) electronics and microcomputer applications and mathematical modeling and programming techniques, (4) design, fabrication, and failure detection methods for structural materials, components, and total systems, and (5) chemical studies of bindary organic mixtures and polymer synthesis. Space environment parameters were also discussed

Beam energy measurement at linear colliders using spin precession

Linear collider designs foresee some bends of about 5-10 mrad. The spin precession angle of one TeV electrons on 10 mrad bend is 23.2 rad and it changes proportional to the energy. Measurement of the spin direction using Compton scattering of laser light on electrons before and after the bend allows determining the beam energy with an accuracy about of 10^{-5}. In this paper the principle of the method, the procedure of the measurement and possible errors are discussed. Some remarks about importance of plasma focusing effects in the method of beam energy measurement using Moller scattering are given.Comment: 7 pages, Latex, 4 figures(.eps). In v.3 corresponds to journal publication. Talk at 26-th Advanced ICFA Beam Dynamic Workshop on Nanometre-Size Colliding Beams (Nanobeam2002), Lausanne, Switzerland, Sept 2-6, 200

Bacterial Cholangitis, Cholecystitis, or both in Dogs

BACKGROUND: Bacterial cholangitis and cholecystitis are rarely reported, poorly characterized diseases in the dog. OBJECTIVES: To characterize the clinical features of these conditions. ANIMALS: Twenty‐seven client‐owned dogs with bacterial cholangitis, cholecystitis, or both. METHODS: Multicenter, retrospective cases series of dogs with bacterial cholangitis, cholecystitis, or both, presenting January 2000 to June 2011 to 4 Veterinary Schools in Ireland/United Kingdom. Interrogation of hospital databases identified all cases with the inclusion criteria; histopathologically confirmed cholangitis or cholecystitis and bile culture/cytology results supporting a bacterial etiology. RESULTS: Twenty‐seven dogs met the inclusion criteria with approximately 460 hepatitis cases documented over the same study period. Typical clinical pathology findings were increases in liver enzyme activities (25/26), hyperbilirubinemia (20/26), and an inflammatory leukogram (21/24). Ultrasound findings, although nonspecific, aided decision‐making in 25/26 cases. The most frequent hepatobiliary bacterial isolates were Escherichia coli (n = 17; 16 cases), Enterococcus spp. (n = 8; 6 cases), and Clostridium spp. (n = 5; 5 cases). Antimicrobial resistance was an important feature of aerobic isolates; 10/16 E. coli isolates resistant to 3 or more antimicrobial classes. Biliary tract rupture complicated nearly one third of cases, associated with significant mortality (4/8). Discharged dogs had a guarded to fair prognosis; 17/18 alive at 2 months, although 5/10 re‐evaluated had persistent liver enzyme elevation 2–12 months later. CONCLUSION AND CLINICAL SIGNIFICANCE: Bacterial cholangitis and cholecystitis occur more frequently than suggested by current literature and should be considered in dogs presenting with jaundice and fever, abdominal pain, or an inflammatory leukogram or with ultrasonographic evidence of gallbladder abnormalities