3,947 research outputs found
Using Quantitative Methods as Support for Audit of the Distributed Informatics Systems
Get PDFThis paper highlights some issues regarding how an indicators system must be developed and used in an audit process. Distributed systems are presented from de points of view of their main properties, architectures, applications, software quality characteristics and the scope of audit process in such systems. The audit process is defined in accordance to standard ISO 19011 and the main characteristics of this process are highlighted. Before using quantitative methods in audit processes, the framework in which the indicators are built must be defined. There are presented types of indicators used in audit process and classes of measurement scale. An audit process is carried out on different levels and support indicators must be in accordance to audit object. The paper presents some requirements of the indicators depending on the level of audit.Quantitative Methods, Audit Process, Distributed Informatics System
SOME ARGUMENTS THAT JUSTIFY THE AUDIT TRINITY’S APPROACH IN THE CONTEXT OF CORPORATE GOVERNANCE
Get PDFThe purpose of this paper is to develop a synthesis of the main arguments that could justify the necessity of audit trinity’s approach (internal audit, external audit, audit committee) in assuring good corporate governance. The aim of the paper is also to synthesize relevant theoretical and empirical latest literature that argues the significance of audit functions as an important mechanism in the effective functioning of corporate governance system. From methodological point of view, the construction of this paper has adopted a normative approach, the research being primarily, based on a examination of relevant literature, with a focus on developments that have more or less implications over the progress of corporate governance issues, especially in these difficult economic context that requires urgently the adopting of effective solutions. By presenting on overview over the latest literature ad discussing the shifting demands with respect to the audit’s contribution to ensuring good corporate governance, the author of this paper hopes to stimulate further research and constructive debates in the field.Internal audit, external audit, audit committee, corporate governance, audit trinity
E-Commerce Audit Judgment Expertise: Does Expertise in System Change Management and Information Technology Auditing Mediate E-Commerce Audit Judgment Expertise?
Get PDFA global survey of 203 E-commerce auditors was conducted to investigate the perceptions about the potential determinants of expertise in E-commerce audits. We hypothesize and find evidence indicating that information technology and communication expertise are positively related to expertise in E-commerce audit judgment. We also find that system change management expertise and information technology audit expertise mediate this relationship.E-commerce Audit Judgment, IT Audit, Structural Equations Modeling
Characteristics of the Audit Processes for Distributed Informatics Systems
Get PDFThe paper contains issues regarding: main characteristics and examples of the distributed informatics systems and main difference categories among them, concepts, principles, techniques and fields for auditing the distributed informatics systems, concepts and classes of the standard term, characteristics of this one, examples of standards, guidelines, procedures and controls for auditing the distributed informatics systems. The distributed informatics systems are characterized by the following issues: development process, resources, implemented functionalities, architectures, system classes, particularities. The audit framework has two sides: the audit process and auditors. The audit process must be led in accordance with the standard specifications in the IT&C field. The auditors must meet the ethical principles and they must have a high-level of professional skills and competence in IT&C field.informatics audit, characteristic, distributed informatics system, standard
Behind the Audit Report: A Descriptive Study of Discussions and Negotiations Between Auditors and Directors
Get PDFThis paper presents direct evidence concerning the extent, nature, and outcome of interactions between the two primary parties in the auditor-client relationship - finance directors (FDs) and audit engagement partners (AEPs). A questionnaire instrument is used to elicit the frequency with which, over a three year period, an extensive set of 46 audit and audit-related issues is discussed, is negotiated, and results in a change to either the accounting numbers or disclosures. Three hundred FDs and 307 AEPs of listed UK companies are surveyed, with response rates of 51% and 80%, respectively. Principal findings are that: (i) compliance issues dominate discussions, while accounting and fee issues dominate negotiations; (ii) audit committees generally reduce the level of negotiation and increase the level of discussion, suggesting that the overall degree of confrontation declines; and (iii) in the majority of cases (57%), negotiation results in a change to the financial statements, providing evidence of the auditor's influence on the financial statements
Audit Scotland: Improving audit quality with data science
No full textAudit Scotland is appointed by the Auditor General for Scotland and the Accounts Commission to perform audit services for most of Scotland's public organisations. An auditor must determine if the accounts presented by an organisation represent a true and fair view of their financial position. A detailed, methodical exploration of the audit client's general ledger will assist the auditor in coming to this conclusion. Advances in the private audit sector in general ledger analysis have been made possible thanks to the streamlined nature of many small/medium enterprise (SME) accounts packages and the accounting frameworks that apply. Public audit financial management systems are more diverse in nature, as are the accounting frameworks that apply across the sectors, therefore no commercially available ledger analysis tools have been successfully adapted for use in public audit. Audit Scotland had introduced a rudimentary ledger analysis tool, in the form of a Microsoft Excel add-in, which was struggling to cope with the volume of data to be processed for effective analysis. It also failed to meet standards for reproducibility and documentation required by data analytics tools used in an audit.
The introduction of an ETL (extract, transform and load) data pipeline using data engineering principles during this project has increased Audit Scotland's capacity to ingest and prepare general ledger data from public organisations, ready for analysis. Additionally, a web application for general ledger analysis (Asc) has been created to enable Audit Scotland financial auditors transparent, efficient access to the general ledger data of their clients.
An important aspect of audit work is journal risk assessment. Each journal in the ledger should be assessed and classified as 'risky' or 'non-risky' in terms of causing a material misstatement in the accounts. With some public organisations creating upwards of a million journals per year this is an impossible manual task for an Audit Scotland audit team. Attempts at producing unsupervised machine learning classification models for this task by the author, thus far, have proved unsuccessful in accurately classifying journals thanks, in no small part, to an ineffective evaluation method caused by a lack of labelled data and a lack of resources needed to evaluate the model’s output. Within Asc, a journal risk assessment module has been developed which allows an auditor to manually classify all journals more efficiently through the lens of optional risk factors. This human expert classification has been captured to produce a data labeller for public audit ledger data, opening future possibilities to train and test supervised classification models, using labelled data, whilst providing a useful journal risk assessment tool for use in Audit Scotland now.
Using data visualisation tools and automated reporting within Asc, the general ledger can be examined to a significantly higher level of transparency. Auditors are reporting more confidence in their audit decisions, and the evidence they can provide to support those decisions, using Asc. Increased confidence, backed up by documented decisions lead to a higher quality audit which is the motivation for this work
ПОВІДОМЛЕННЯ ПРО ВІДКЛИКАННЯ: Дослідження процесу карбонатної конверсії фосфогіпсу у водному середовищі
Get PDFRETRACTION: Yelatonsev, D. (2021). Research into the process of carbonate conversion of phosphogypsum in the water media. Technology Audit and Production Reserves, 3(3(59)), 10–13. https://doi.org/10.15587/2706-5448.2021.235243
The above article, published online on June 30, 2021 in the Archive of the "Technology Audit and Production Reserves" journal https://journals.uran.ua/tarp/issue/archive, has been retracted in accordance with the editorial policy on retractions and corrections of published articles https://journals.uran.ua/tarp/rules. The retraction of the article was initiated by the author.
The results of the editorial board's internal investigation confirmed a violation of publication ethics: Fig. 1, Fig. 2, the numerical data for Tables 2, 3 and 4 were borrowed from Ndjimbi, L. U. O. (2014). Production of Calcium Carbonate From Phosphogypsum Wastes. Master’s Dissertation, University of Pretoria. Available at: https://repository.up.ac.za/items/ff29c274-d952-4dc0-93f2-87d6808f8a8d without proper citation.
This was the basis for the retraction of the article.ВІДКЛИКАННЯ: Єлатонцев, Д. О. (2021). Дослідження процесу карбонатної конверсії фосфогіпсу у водному середовищі. Technology Audit and Production Reserves, 3(3(59), 10–13. https://doi.org/10.15587/2706-5448.2021.235243
Вказана вище стаття, опублікована онлайн 30 червня 2021 року в Архіві журналу "Technology Audit and Production Reserves" https://journals.uran.ua/tarp/issue/archive, була відкликана відповідно до політики редакції щодо відкликання та виправлення опублікованих статей https://journals.uran.ua/tarp/rules. Ініціатором відкликання статті став автор.
Результати внутрішнього розслідування редакції підтвердило порушення етики публікації: рис. 1, рис. 2, числові дані для таблиць 2, 3 та 4 були запозичені з роботи Ndjimbi, L. U. O. (2014). Production of Calcium Carbonate From Phosphogypsum Wastes. Master’s Dissertation, University of Pretoria. Available at: https://repository.up.ac.za/items/ff29c274-d952-4dc0-93f2-87d6808f8a8d без належного цитування.
Це стало підставою для відкликання статті
THE VARIOUS MODELS OF MARKETING AUDIT
No full textThis paper examines the problem of marketing control. The goal of the article is a scientific reflection on the model
presentation of marketing audit. Review of the marketing literature on marketing audit presents various
conceptual, structural or process models. Yet, these proposals did not play a role significant enough so that
auditing would become a widely used marketing control tool. That is why, author presents an outline of the
proprietary marketing audit model which (in conceptual and semantic approach), thanks to specifying the
strategic nature of this control tool, can stimulate its popularization in marketing management practice. The
conceptual model presents in an descriptive and graphic form the audit architecture, endogenous conditions
(orientation, excellence, strategy, tactical and operational control), components of the audit activities and the
planes of the assessment being carried out. The semantic model defines marketing audit as a logical and resulting
system, which, by using the possibilities offered by specific control methods, allows for comprehensive,
structured, regular, objective, independent and professional contextual assessment (preparation and
implementation of marketing strategies). These models are a stimulus for discussion and further search for
optimal ways of marketing control, both on a methodological and pragmatic level
The Role of Evidence in Establishing Trust in Repositories
Get PDFThis article arises from work by the Digital Curation Centre (DCC) Working Group examining mechanisms to roll out audit and certification services for digital repositories in the United Kingdom. Our attempt to develop a program for applying audit and certification processes and tools took as its starting point the RLG-NARA Audit Checklist for Certifying Digital Repositories. Our intention was to appraise critically the checklist and conceive a means of applying its mechanics within a diverse range of repository environments. We were struck by the realization that while a great deal of effort has been invested in determining the characteristics of a 'trusted digital repository', far less effort has concentrated on the ways in which the presence of the attributes can be demonstrated and their qualities measured. With this in mind we sought to explore the role of evidence within the certification process, and to identify examples of the types of evidence (e.g., documentary, observational, and testimonial) that might be desirable during the course of a repository audit.
Audit Methodology for IT Governance
Get PDFThe continuous development of the new IT technologies was followed up by a rapid integration of them at the organization level. The management of the organizations face a new challenge: structural redefinition of the IT component in order to create plus value and to minimize IT risks through an efficient management of all IT resources of the organization. These changes have had a great impact on the governance of the IT component. The paper proposes an audit methodology of the IT Governance at the organization level. From this point of view the developed audit strategy is a strategy based on risks to enable IT auditor to study from the best angle efficiency and effectiveness of the IT Governance structure. The evaluation of the risks associated with IT Governance is a key process in planning the audit mission which will allow the identification of the segments with increased risks. With now ambition for completeness, the proposed methodology provides the auditor a useful tool in the accomplishment of his mission.IT Governance, Corporate Governance, IT Audit Process, IT Risk
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