Risk assessment is a systematic process for integrating professional judgments about relevant risk factors, their relative significance and probable adverse conditions and/or events leading to identification of auditable activities (IIA, 1995, SIAS No. 9). Internal auditors utilize risk measures to allocate critical audit resources to compliance, operational, or financial activities within the ...

The objective of this study is to increase our understanding of the manner in which auditors integrate information about management tone-at-the-top with other information when making audit planning decisions related to extent of substantive testing. Audit planning is an area that requires considerable professional judgment and involves the evaluation and integration of a wide range of informati...

This paper presents a state-of-the-art survey of the operations research models developed for internal audit planning. Two alternative approaches have been followed in the literature for audit planning: (1) identifying the optimal audit frequency; and (2) determining the optimal audit resource allocation. The first approach identifies the elapsed time between two successive audits, which can be...

Abstract This study aims to analyze the effectiveness of implementation internal audit in BPJS Ketenagakerjaan. involved 8 informants consisting Assistant Head Internal Audit Department, Auditor, and Branch Head. Measurement this uses IPPF Practice Guide: Measuring Effectiveness Efficiency from Institute Auditors which consists basic measures, services stakeholders, technical development, innov...

Purpose – The purpose of this paper is to test the hypothesis that there is a significant positive relationship between the perceptions of internal auditors about the critical success factors and their perceptions of data quality in accounting information systems (AISs). Design/methodology/approachThe survey method was used to collect data for testing the proposed hyppthesis. Data were collecte...

This paper investigates the relationship between internal audit and working capital management (WCM) of Malaysian public-listed firms. Good WCM is vital as it drives profitability. Anecdotal evidence suggests that inventory conversion period most challenging part for In 2017, around RM71 billion in cash was locked up thus suggesting firms are struggling with WCM. Based on this issue, we therefo...