Auditor independence, audit committee quality and internal control weaknesses

In this paper we investigate the relation between auditor independence, audit committee quality and the disclosure of internal control weaknesses. We begin with a sample of firms with internal control weaknesses and, based on industry, size, and performance, match these firms to a sample of control firms without internal control weaknesses. Our conditional logit analyses indicate that a relation exists between audit committee quality, auditor independence, and internal control weaknesses. Firms are more likely to be identified with an internal control weakness, if their audit committees have less financial expertise or, more specifically, have less accounting financial expertise and non-accounting financial expertise. They are also more likely to be identified with an internal control weakness, if their auditors are more independent. In addition, firms with recent auditor changes are more likely to have internal control weaknesses.internal control weakness; audit committee financial expertise; auditor independence

A macro-analysis of quality assessment in higher education

In most West European countries a quality control system for higher education is in a process of development. This article examines some general characteristics of the emerging structures, how quality is defined and what impact this definition has on internal evaluation.\ud \ud On the basis of a more substantive conceptualization of the term quality, the current trend of a quality control system in which quality is predominantly defined from one central power centre is questioned. Important methodological and substantive weaknesses inherent in this centralist model will be discussed.\ud \ud In the final section a shift towards a quality control system is advocated in which other interests and perspectives are taken into account

Auditor Type and Audit Quality Differences in Nonprofit Healthcare Organizations – U.S. Evidence

The purpose of this paper is to explore audit quality in nonprofit healthcare organizations by investigating differences in audit report outcomes. Specifically, we examine the relationship between auditor type and auditor-disclosed internal control exceptions in Circular A-133 audits of U.S. nonprofit healthcare organizations. Our findings indicate audits of nonprofit healthcare organizations conducted by the Big Four CPA firms carry a lower likelihood of disclosing internal control exceptions (i.e., reportable conditions and material weaknesses) than are audits conducted by smaller CPA firms. This challenges the general contention from prior studies that the Big Four firms are better audit quality providers and indicates that the alleged superiority of Big Four firms in terms of audit quality may not be generalizable to all industry sectors.Audit quality, Auditor type, Circular A-133, Nonprofit healthcare, Single Audit Act

Similarities and Differences Between Internal Auditing, Internal Public Auditing and Other Services

The internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes, making propositions in order to consolidate the efficiency. The financial auditing represents the activity of professional examination of the information in the purpose of expressing a responsible and independent opinion, in relation to a standard, quality criteria aiming at improving the use of information. The Internal public auditing helps the public entity to fulfill its goals through a systematic and methodic approach, evaluating and improving the efficiency of the management system based on risk, control and administration processes management. The control represents a permanent or periodical analysis of the activity, of the situation in order to follow its development and in order to take improvement measures.internal auditing, internal public auditing, external audit, internal control.

Pengaruh Kompetensi Sumber Daya Manusia, Teknologi Informasi, Reviu Laporan Keuangan dan Sistem Pengendalian Internal terhadap Kualitas Laporan Keuangan pada Pemerintah Provinsi Sulawesi Utara

This study aims to examine the effect of human resources competence, information technology, review of financial statement and internal control system on the quality of financial statement in Government of North Sulawesi. The variables in this study consist of independent variable :human resources competence (X1), information technology (X2), review of financial statement (X3) and internal control system (X4).On the other hand, the dependent variable is the quality of financial statement (Y). Data were analyzed by multiple linear regression analysis (multiple regression). The results indicate that human resources competence, information technology, review of financial statement and internal control system simultaneously have a significant influence on the quality of financial statement. The value of the coefficient of determination shows that human resources competence, information technology, review of financial statement and internal control system simultaneously contribute to the quality of financial statement.R2 is 71.3%, it means those dependent variables affect the quality of financial statement by 71.3%. While the remaining of 28.7% is influenced by other variables which are excluded within this research. Partial test results show that information technology, review of financial statement and internal control system have a significant impact on the quality of financial statement. Human resources competence has no significant impact on the quality of financial statement. Keywords : quality of financial statement, human resources competence, information technology, review of financial statement, internal control syste

Pengendalian Kualitas Pada Produksi Cpo Dengan Analisis Biaya Kualitas Di PT Sriwijaya Palm Oil Palembang

Growth of world industry influence high competition inter company, in this phenomenon PT Sriwijaya Palm Oil Palembang also maintain CPO can resulting can accepted at market, so company side must be able make a good quality product, fir that process bad control of quality will influence to product who get that is bad too. In one way, use quality control is quality cost analysis method, where the method is result form of quality by human, machine, material, and others right information can be able to have a good product for customers. Purpose of this research is to know elements of quality cost and factor was influence in process control of quality in production CPO PT Sriwijaya Palm Oil Palembang, so can give some reason for maintenance useful also can result good product quality. In this research quality cost used amount Rp.12.361.706,- that is: prohibit cost amount Rp.7.716.667 or 62.55%, Mark cost amount Rp.1.097.539,- or at 9%, failed internal cost amount Rp.931.500,- or at 7.5%, and failed external cost amount Rp.2.616.000,- or at 21%. For factor was influence to control quality of production process CPO PT Sriwijaya Palm Oil Palembang that is, material factor, machine factor, human factor, environment factor, and method factor

Intra-Domain Pathlet Routing

Internal routing inside an ISP network is the foundation for lots of services that generate revenue from the ISP's customers. A fine-grained control of paths taken by network traffic once it enters the ISP's network is therefore a crucial means to achieve a top-quality offer and, equally important, to enforce SLAs. Many widespread network technologies and approaches (most notably, MPLS) offer limited (e.g., with RSVP-TE), tricky (e.g., with OSPF metrics), or no control on internal routing paths. On the other hand, recent advances in the research community are a good starting point to address this shortcoming, but miss elements that would enable their applicability in an ISP's network. We extend pathlet routing by introducing a new control plane for internal routing that has the following qualities: it is designed to operate in the internal network of an ISP; it enables fine-grained management of network paths with suitable configuration primitives; it is scalable because routing changes are only propagated to the network portion that is affected by the changes; it supports independent configuration of specific network portions without the need to know the configuration of the whole network; it is robust thanks to the adoption of multipath routing; it supports the enforcement of QoS levels; it is independent of the specific data plane used in the ISP's network; it can be incrementally deployed and it can nicely coexist with other control planes. Besides formally introducing the algorithms and messages of our control plane, we propose an experimental validation in the simulation framework OMNeT++ that we use to assess the effectiveness and scalability of our approach.Comment: 13 figures, 1 tabl

Internal business control of service quality costs: managerial aspekt

У статті розглянуто науково-методологічні основи внутрішньо-господарського контролю витрат на якість обслуговування. Визначено основні фактори, що впливають на суму та рівень витрат на якість обслуговування. Виокремлено окремі методичні прийоми контролю та управління витратами до застосування у торгівельно-посередницькій діяльності.В статье рассмотрены научно-методологические основы внутрихозяйственного контроля расходов на качество обслуживания. Определены основные факторы, что влияют на сумму и уровень расходов на качество обслуживания. Выделены отдельные методические приемы контроля и управления расходами к применению в торгово-посреднической деятельности.The аrticle considered scientific and methodological basis of intimal business of service quality costs are considered. The major factors affecting the amount and level of expenditure on quality of service are defined. Separate methods of control and cost management for use in trade and intermediary activities are singled out

Investigating the effective factors on management internal controls applying

Information technology plays an important role on increasing internal control in many organizations. In this paper, we present an empirical study to measure the impact of information technology, hiring high quality skilled management team, using high quality standards and increasing employees' awareness on managing internal control. The survey uses a questionnaire based on Likert scale and distributes among the people who work in either administration or financial sectors of governmental agencies in province of Zanjan, Iran. The results of the study indicate that the implementation of information technology positively influences management team to control their system, more effectively, using more skilled and specialized managers positively influences management internal control, an organization with suitable standard positively influences management internal control and increasing employees' awareness positively influences management internal control