INTERNAL CONTROL- CORPORATE GOVERNANCE
Abstract
In this article I have attempted to highlight both the distinctive features of the concepts of corporate governance, internal control and the interferences that characterize them, taking into account the fact that we can not talk about a specific line that can separate practically the processes these concepts involve, processes conducted at the economic entity level, by default processes involving long-term value creation. Furthermore, this article is to highlight the causal connection between the success of internal control and corporate governance at the entity level, precisely because good corporate governance can not be provided based on an internal control system working with serious deficiencies, resulting from this the imperative need for establishing permanent regulatory frameworks to enable a real and procedural functioning of the internal control systemReferences
Brennan N., Solomon J., 2008, Corporate governance, accountability and mechanisms of accountability: an overview, Accounting, Auditing & Accountability Journal, Vol 21, nr.7.
Goodwin-Stewart J., Kent P., 2006, Relation between external audit fees, audit committee characteristics and internal audit, Accounting and finance, vol. 46, nr.3.
Goodwin J., 2003, A comparison of internal audit in the private and public sectors, Managerial Auditing Journal, vol 19, nr.9.
Paape L., Scheffe J., Snoep J., 2003, The Relationship Between the Internal Audit Function and Corporate Governance in the EU – a Survey, vol.7, nr.3, pag. 247-262.
Spira L., Page M., 2003, Risk management: The reinvention of internal control and the changing role of internal audit, Accounting, Auditing & Accountability Journal, vol. 16, nr.4.
Goodwin-Stewart J., Kent P., 2006, Relation between external audit fees, audit committee characteristics and internal audit, Accounting and finance, vol. 46, nr.3.
Goodwin J., 2003, A comparison of internal audit in the private and public sectors, Managerial Auditing Journal, vol 19, nr.9.
Paape L., Scheffe J., Snoep J., 2003, The Relationship Between the Internal Audit Function and Corporate Governance in the EU – a Survey, vol.7, nr.3, pag. 247-262.
Spira L., Page M., 2003, Risk management: The reinvention of internal control and the changing role of internal audit, Accounting, Auditing & Accountability Journal, vol. 16, nr.4.
How to Cite
POPA, Anca Sabina.
INTERNAL CONTROL- CORPORATE GOVERNANCE.
Journal of Doctoral Studies. Accounting, [S.l.], v. 1, n. 1-2, apr. 2013.
ISSN 2247 – 6660. Available at: <http://193.231.35.170/index.php/accounting/article/view/10>. Date accessed: 17 nov. 2024.
Section
Articles
