External auditor evaluation of the internal audit function

Article Abstract:

This study examines the relative importance of the factors used by external auditors when valuating an internal audit function. The study also examines the consistency of external auditors in making evaluations of an internal audit function. The factors used are based on Statement of Auditing Practice AUP 2 'Using the Work of an Internal Auditor' and a similar study conducted in the U.S.A. The two factors which this study finds to be the most significant are 'technical competence' and 'due professional care.' The study finds a high degree of consensus across the respondents with respect to the evaluation of the internal audit function, and a high degree of insight and stability in their judgements. (Reprinted by permission of the publisher.)

Internal auditing

---

Capital markets research and accounting standard setting

Article Abstract:

Accounting academics and practitioners have been known to question whether accounting research is as efficacious as it might be. This paper focuses on capital markets-based research in accounting and how its potential contribution to the wider regulatory process can be realised more fully. Examples used are: research on corporate regulation; the move to 'harmonise' accounting standards; accounting for R&D; accounting for goodwill; and equity accounting. (Reprinted by permission of the publisher.)

Accounting Methods, Debt & Capital Management, Capital market, Capital markets, Financial management

---

Characteristics of UK firms related to timing of adoption of Statement of Standard Accounting Practice No. 20

Article Abstract:

The usage of financial statement and accounting standard method no.20 by business enterprises in the United Kingdom is evaluated.

United Kingdom, Government expenditures, Capital funds & cash flow, Venture Analysis, Usage, Accounting and auditing, Economic policy, Business enterprises, Accounting standards

Similar abstracts:

• Abstracts: Strategic auditor behavior and going-concern decision. Why managers voluntarily make income increasing accounting change
• Abstracts: An empirical investigation of the structure of accounting research. Capital market analysis of reserve recognition accounting
• Abstracts: An emprirical examination of stress in public accounting. Cognitive scripts in auditing and accounting behavior
• Abstracts: Down with the claim count. Do not neglect the views of the industry: the Confederation of British Industry responds to the Accounting Standards Board's FRED 1
• Abstracts: Auditors' behavior in an audit conflict situation: a research note on the role of locus of control and ethical reasoning

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.