The Experts below are selected from a list of 12993 Experts worldwide ranked by ideXlab platform
Li Hong-rui - One of the best experts on this subject based on the ideXlab platform.
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The role of Internal Auditor in quality management systems
Journal of Nursing Administration, 2004Co-Authors: Li Hong-ruiAbstract:An Internal Auditor is very important in legalizing work,whose quality determined directly the success of Internal audit.In order to legalize work smoothly,the Internal Auditor is requested to master criterion of quality management systems and know administrative knowledge.During the course of the Internal audit, the Internal Auditor should consider everything from general situation, always have a quality sense, and work as different roles at different working stage. For example, an Internal Auditor works as a planner at the planning stage,as an Auditor at the implementing stage,as a messenger at the ending stage and as a supervisor at the acceptance stage.
David A. Wood - One of the best experts on this subject based on the ideXlab platform.
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Internal Auditor turnover financial reporting quality and audit risk assessment
2020Co-Authors: Kenneth L Bills, Huawei Huang, Yihung Lin, David A. WoodAbstract:We understand relatively little about factors that affect the Internal audit function’s ability to serve as an important monitor of financial reporting quality. We therefore study how turnover of the chief audit executive (CAE) influences financial reporting quality. Using data from Taiwan where companies are required to disclose when and why CAEs change position, we find that a CAE turnover event is associated with a reduction in financial reporting quality. Furthermore, this relation only holds for firms with forced CAE changes (i.e., demotions, dismissals, or resignations) and not for unforced changes (i.e., lateral moves in the company, promotions, retirements, etc.). We corroborate these findings by examining external Auditors’ response to CAE turnover. We find that external Auditors charge higher fees the year there is a CAE change. Combined, the results provide evidence of the important monitoring role of Internal auditing and especially of the critical role of the CAE.
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Corporate Managers' Reliance on Internal Auditor Recommendations
AUDITING: A Journal of Practice & Theory, 2012Co-Authors: F. Greg Burton, Scott A. Emett, Chad A. Simon, David A. WoodAbstract:SUMMARY: We investigate whether corporate managers' reliance on Internal Auditors' recommendations in an operational setting is influenced by three recommendation attributes: (1) whether the recommendation was consistent with or inconsistent with management preferences, (2) whether the recommendation was given by an outsourced or in-house Internal Auditor, and (3) whether the recommendation was quantitative or qualitative in nature. We use a 2 × 2 × 2 fractional factorial design to test our predictions. We find that managers change their initial position more when presented with preference-inconsistent recommendations than when presented with preference-consistent recommendations. We do not find differences in managers' reliance on the preference-inconsistent, non-quantified recommendations of outsourced versus in-house Internal Auditors. However, we find that managers are more likely to rely on the preference-inconsistent recommendations of in-house Internal Auditors when their recommendations are quanti...
Inshik Seol - One of the best experts on this subject based on the ideXlab platform.
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a cross cultural comparative study of Internal Auditor skills uk vs korea
Journal of Applied Accounting Research, 2017Co-Authors: Inshik Seol, Joseph Sarkis, Zhihong Rita WangAbstract:Purpose - Based on the theoretical development by House Design/methodology/approach - The authors developed a survey based on the competency framework for Internal auditing and collected data from the UK (Anglo cultural cluster) and Korea (Confucian cultural cluster). In total, 231 Internal Auditors participated in the study. Findings - The results showed that UK Auditors perceived behavioral skills as more important than cognitive skills, while Korean Auditors had an opposite perception. Not surprisingly, UK Auditors rated each sub-category of behavioral skills higher than Korean Auditors; Korean Auditors gave higher scores than UK Auditors for each sub-category of cognitive skills. Research limitations/implications - One limitation of the study is that two different data collection methods were used for the study: online for the UK and paper-based for Korean Auditors. Another limitation of the study is that the authors did not analyze the possible impact of each participating Auditor’s background knowledge. Practical implications - The findings of the study contributes to professional practice by providing culturally adaptive criteria for regulators’ policy-making, organizations’ employee hiring and training, and educators’ curriculum design across various cultural environments. Originality/value - The findings of the study can provide some insights on cultural impacts to help academic researchers develop models regarding the Internal Auditor selection and training in different nations.
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factor structure of the competency framework for Internal auditing cfia skills for entering level Internal Auditors
International Journal of Auditing, 2011Co-Authors: Inshik Seol, Joseph Sarkis, Frank LefleyAbstract:Recently, the Institute of Internal Auditors published a framework that summarized a listing of competency standards, the Competency Framework for Internal Auditing (CFIA), outlining the attributes required by all Internal Auditors to achieve a high level of professional competence. One of the biggest concerns in the application of this framework is the onerous number of potential factors to be considered. In this paper, using factor analysis, we attempted to reduce the number of skills while maintaining the overall significance of the original framework. The study also sought to obtain the opinions of peer Internal Auditors on the perceived importance of these various skills. Our findings are important to researchers who can revisit the current Internal Auditor selection models and reformulate, if necessary, and apply those models to more empirical research using the reduced number of factors introduced in this paper. For organizations and practitioners, these results aid in streamlining their Internal Auditor selection processes by utilizing a more focused set of factors.
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a model for Internal Auditor selection the case of a trading company in hong kong
International Journal of Auditing, 2006Co-Authors: Inshik Seol, Joseph SarkisAbstract:Research on Internal Auditor selection has had limited exposure in the auditing literature. Recently Seol & Sarkis introduced a multi-attribute decision model, an analytic hierarchy process (AHP), for the process of Internal Auditor selection. The purpose of this paper is to extend and validate the proposed model by Seol & Sarkis in an actual Internal Auditor selection process. Real case information from a trading company in Hong Kong that has gone through a recent experience in hiring entry level Internal Auditors was used for the study. Data were collected using an intensive survey of the importance of each attribute/skill provided by the Competency Framework for Internal Auditing (CFIA) and followed by an actual application of such skills in a recent hiring experience. Results show the effectiveness of AHP and the comprehensive characteristics of the factors involved in the decision. Further implications of the method are also discussed in the paper.
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an analytic network process model for Internal Auditor selection
2006Co-Authors: Joseph Sarkis, Inshik SeolAbstract:There has been an increasing amount of research on personnel selection in many business disciplines (Hough & Oswald, 2000; Breaugh & Starke, 2000). Research on Internal Auditor selection, however, has had limited exposure in the auditing literature (Bailey, Gramling, & Ramamoorti, 2003). Recently, Seol and Sarkis (2005) introduced an analytic hierarchy process (AHP) model that used a decision hierarchy based on the CFIA (competency framework for Internal auditing) framework. A limitation of AHP, however, is the assumption of strict hierarchical relationship that needs to exist among factors. The purpose of this paper is an introduction of a more robust model, the analytical network process (ANP), which relaxes the strict hierarchical and decomposition levels of the hierarchy and incorporates possible interrelationships and interdependencies of various personnel selection criteria, factors, and alternatives. In illustrating the application, we return to the CFIA model framework, describe how and where interdependencies exist amongst the CFIA factors/attributes, and how ANP is used in the Internal Auditor selection process. The illustration will also describe some sensitivity analysis for the ANP approach. The tool is not without its limitations that include the potential for geometrically more questions and information elicitation from the decision makers. Finally managerial and research implications associated with the technique and results are described.
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a multi attribute model for Internal Auditor selection
Managerial Auditing Journal, 2005Co-Authors: Inshik Seol, Joseph SarkisAbstract:PurposeThe purpose of the paper is to help organizations more effectively select and evaluate Internal Auditors by introducing a multi‐criteria decision model, the analytic hierarchy process (AHP) that has been applied to many areas of managerial decision‐making.Design/methodology/approachThe paper structures the decision hierarchy in entering level Internal Auditor selection based on the competency framework for Internal auditing (CFIA) and provides an illustrative application example as part of a decision support system.FindingsRecruiting and hiring qualified employees is one of the critical issues facing any organization. The selection of Internal Auditors is not an exception. Making the wrong choice can prove to be very costly as organizations try to uncover candidates' potential for success. Recently, there have been increasing numbers of research papers regarding the employee selection process.Originality/valueInvestigates an area that has not seen much progress in the auditing and Auditor management field. Contributes to Internal auditing research and practice.
Joseph Sarkis - One of the best experts on this subject based on the ideXlab platform.
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a cross cultural comparative study of Internal Auditor skills uk vs korea
Journal of Applied Accounting Research, 2017Co-Authors: Inshik Seol, Joseph Sarkis, Zhihong Rita WangAbstract:Purpose - Based on the theoretical development by House Design/methodology/approach - The authors developed a survey based on the competency framework for Internal auditing and collected data from the UK (Anglo cultural cluster) and Korea (Confucian cultural cluster). In total, 231 Internal Auditors participated in the study. Findings - The results showed that UK Auditors perceived behavioral skills as more important than cognitive skills, while Korean Auditors had an opposite perception. Not surprisingly, UK Auditors rated each sub-category of behavioral skills higher than Korean Auditors; Korean Auditors gave higher scores than UK Auditors for each sub-category of cognitive skills. Research limitations/implications - One limitation of the study is that two different data collection methods were used for the study: online for the UK and paper-based for Korean Auditors. Another limitation of the study is that the authors did not analyze the possible impact of each participating Auditor’s background knowledge. Practical implications - The findings of the study contributes to professional practice by providing culturally adaptive criteria for regulators’ policy-making, organizations’ employee hiring and training, and educators’ curriculum design across various cultural environments. Originality/value - The findings of the study can provide some insights on cultural impacts to help academic researchers develop models regarding the Internal Auditor selection and training in different nations.
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factor structure of the competency framework for Internal auditing cfia skills for entering level Internal Auditors
International Journal of Auditing, 2011Co-Authors: Inshik Seol, Joseph Sarkis, Frank LefleyAbstract:Recently, the Institute of Internal Auditors published a framework that summarized a listing of competency standards, the Competency Framework for Internal Auditing (CFIA), outlining the attributes required by all Internal Auditors to achieve a high level of professional competence. One of the biggest concerns in the application of this framework is the onerous number of potential factors to be considered. In this paper, using factor analysis, we attempted to reduce the number of skills while maintaining the overall significance of the original framework. The study also sought to obtain the opinions of peer Internal Auditors on the perceived importance of these various skills. Our findings are important to researchers who can revisit the current Internal Auditor selection models and reformulate, if necessary, and apply those models to more empirical research using the reduced number of factors introduced in this paper. For organizations and practitioners, these results aid in streamlining their Internal Auditor selection processes by utilizing a more focused set of factors.
-
a model for Internal Auditor selection the case of a trading company in hong kong
International Journal of Auditing, 2006Co-Authors: Inshik Seol, Joseph SarkisAbstract:Research on Internal Auditor selection has had limited exposure in the auditing literature. Recently Seol & Sarkis introduced a multi-attribute decision model, an analytic hierarchy process (AHP), for the process of Internal Auditor selection. The purpose of this paper is to extend and validate the proposed model by Seol & Sarkis in an actual Internal Auditor selection process. Real case information from a trading company in Hong Kong that has gone through a recent experience in hiring entry level Internal Auditors was used for the study. Data were collected using an intensive survey of the importance of each attribute/skill provided by the Competency Framework for Internal Auditing (CFIA) and followed by an actual application of such skills in a recent hiring experience. Results show the effectiveness of AHP and the comprehensive characteristics of the factors involved in the decision. Further implications of the method are also discussed in the paper.
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an analytic network process model for Internal Auditor selection
2006Co-Authors: Joseph Sarkis, Inshik SeolAbstract:There has been an increasing amount of research on personnel selection in many business disciplines (Hough & Oswald, 2000; Breaugh & Starke, 2000). Research on Internal Auditor selection, however, has had limited exposure in the auditing literature (Bailey, Gramling, & Ramamoorti, 2003). Recently, Seol and Sarkis (2005) introduced an analytic hierarchy process (AHP) model that used a decision hierarchy based on the CFIA (competency framework for Internal auditing) framework. A limitation of AHP, however, is the assumption of strict hierarchical relationship that needs to exist among factors. The purpose of this paper is an introduction of a more robust model, the analytical network process (ANP), which relaxes the strict hierarchical and decomposition levels of the hierarchy and incorporates possible interrelationships and interdependencies of various personnel selection criteria, factors, and alternatives. In illustrating the application, we return to the CFIA model framework, describe how and where interdependencies exist amongst the CFIA factors/attributes, and how ANP is used in the Internal Auditor selection process. The illustration will also describe some sensitivity analysis for the ANP approach. The tool is not without its limitations that include the potential for geometrically more questions and information elicitation from the decision makers. Finally managerial and research implications associated with the technique and results are described.
-
a multi attribute model for Internal Auditor selection
Managerial Auditing Journal, 2005Co-Authors: Inshik Seol, Joseph SarkisAbstract:PurposeThe purpose of the paper is to help organizations more effectively select and evaluate Internal Auditors by introducing a multi‐criteria decision model, the analytic hierarchy process (AHP) that has been applied to many areas of managerial decision‐making.Design/methodology/approachThe paper structures the decision hierarchy in entering level Internal Auditor selection based on the competency framework for Internal auditing (CFIA) and provides an illustrative application example as part of a decision support system.FindingsRecruiting and hiring qualified employees is one of the critical issues facing any organization. The selection of Internal Auditors is not an exception. Making the wrong choice can prove to be very costly as organizations try to uncover candidates' potential for success. Recently, there have been increasing numbers of research papers regarding the employee selection process.Originality/valueInvestigates an area that has not seen much progress in the auditing and Auditor management field. Contributes to Internal auditing research and practice.
Gerald H. Lander - One of the best experts on this subject based on the ideXlab platform.
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the Internal Auditor s relationship with the audit committee
Managerial Auditing Journal, 1993Co-Authors: Zabihollah Rezaee, Gerald H. LanderAbstract:Gives examples of a number of organizations, committees, and commissions which have promoted both Internal auditing and audit committees during the past two decades. Explores the need for a close working relationship between the Internal Auditor and the audit committee. Examines: (1) the evolution of both Internal auditing and audit committees; (2) the Treadway Commission recommendations regarding the importance and role of audit committees and Internal Auditors; (3) ways in which Internal Auditors can work with audit committees; and (4) benefits gained from this relationship. Shows how, recently, Internal Auditors have been transformed from a financial enforcer to a respected member of the management decision‐making process, and audit committees have also assumed more oversight responsibilities in the areas of financial reporting and Internal control. Thus, a close and effective working relationship between the audit committee and the Internal Auditor will be beneficial not only to the company which they...
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The Internal Auditor′s Relationship with the Audit Committee
Managerial Auditing Journal, 1993Co-Authors: Zabihollah Rezaee, Gerald H. LanderAbstract:Gives examples of a number of organizations, committees, and commissions which have promoted both Internal auditing and audit committees during the past two decades. Explores the need for a close working relationship between the Internal Auditor and the audit committee. Examines: (1) the evolution of both Internal auditing and audit committees; (2) the Treadway Commission recommendations regarding the importance and role of audit committees and Internal Auditors; (3) ways in which Internal Auditors can work with audit committees; and (4) benefits gained from this relationship. Shows how, recently, Internal Auditors have been transformed from a financial enforcer to a respected member of the management decision‐making process, and audit committees have also assumed more oversight responsibilities in the areas of financial reporting and Internal control. Thus, a close and effective working relationship between the audit committee and the Internal Auditor will be beneficial not only to the company which they...
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The Internal Auditor – Education and Training: The Partnership Concept
Managerial Auditing Journal, 1991Co-Authors: Zabihollah Rezaee, Gerald H. LanderAbstract:Internal auditing has transformed over the past two decades from its beginnings as a financial enforcer to a respected member of the management decision‐making process. Internal Auditors now are providing management with information of a broader range of company activities than they are used to. This transformation is far from over because of the nature of the Auditor′s work and the perceptions of management and the public concerning audits. The function of Internal Auditors is not only to measure and evaluate the effectiveness, efficiency and economy of organisational activities and controls but also to participate with management in high‐level decision making. The partnership concept of Internal auditing is needed to enhance the image and change the attitudes of management with regards to Internal auditing in light of the increased demands and responsibilities of the new Auditor. Students, Internal Auditors and management must be educated properly and trained for this partnership concept. By using the i...