AUDIT – ASSESSMENT, INSPECTION OR CONTROL?
The emergence audit concept has created a lot of confusion, on the one hand between its manifestations, on the other hand between it and the indigenous concepts that are more suggestive and at the same time more explicit. Both theory and practice show that the abolition of auditors within companies...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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University of Petrosani
2016-10-01
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| Series: | Annals of the University of Petrosani: Economics |
| Subjects: | |
| Online Access: | http://www.upet.ro/annals/economics/pdf/2016/part1/Iacob_Al-Araji.pdf |
| _version_ | 1811322528497401856 |
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| author | CONSTANŢA IACOB FEEDA ABD ALMAJID SABBAR AL-ARAJI |
| author_facet | CONSTANŢA IACOB FEEDA ABD ALMAJID SABBAR AL-ARAJI |
| author_sort | CONSTANŢA IACOB |
| collection | DOAJ |
| description | The emergence audit concept has created a lot of confusion, on the one hand between its manifestations, on the other hand between it and the indigenous concepts that are more suggestive and at the same time more explicit. Both theory and practice show that the abolition of auditors within companies that have been subject to financial audit was the result of confusion created between the audit and statutory audit. On the other hand, long it was considered that if was set up internal audit do not need control, something which has to be seen from another perspective given that fact in reality internal control includes internal audit.
These are the considerations which, in this article we try to sit concepts in their natural order and to emphasize the implications of corporate governance codes on the audit function. |
| first_indexed | 2024-04-13T13:37:43Z |
| format | Article |
| id | doaj.art-2ef8da6d2df5446e81401fd4cc7cd3bf |
| institution | Directory Open Access Journal |
| issn | 1582-5949 2247-8620 |
| language | English |
| last_indexed | 2024-04-13T13:37:43Z |
| publishDate | 2016-10-01 |
| publisher | University of Petrosani |
| record_format | Article |
| series | Annals of the University of Petrosani: Economics |
| spelling | doaj.art-2ef8da6d2df5446e81401fd4cc7cd3bf2022-12-22T02:44:44ZengUniversity of PetrosaniAnnals of the University of Petrosani: Economics1582-59492247-86202016-10-01161133142AUDIT – ASSESSMENT, INSPECTION OR CONTROL?CONSTANŢA IACOB0FEEDA ABD ALMAJID SABBAR AL-ARAJI1University of Craiova, RomaniaUniversity of Craiova, RomaniaThe emergence audit concept has created a lot of confusion, on the one hand between its manifestations, on the other hand between it and the indigenous concepts that are more suggestive and at the same time more explicit. Both theory and practice show that the abolition of auditors within companies that have been subject to financial audit was the result of confusion created between the audit and statutory audit. On the other hand, long it was considered that if was set up internal audit do not need control, something which has to be seen from another perspective given that fact in reality internal control includes internal audit. These are the considerations which, in this article we try to sit concepts in their natural order and to emphasize the implications of corporate governance codes on the audit function.http://www.upet.ro/annals/economics/pdf/2016/part1/Iacob_Al-Araji.pdfauditorexternal auditinternal audiinternal audit |
| spellingShingle | CONSTANŢA IACOB FEEDA ABD ALMAJID SABBAR AL-ARAJI AUDIT – ASSESSMENT, INSPECTION OR CONTROL? Annals of the University of Petrosani: Economics auditor external audit internal audi internal audit |
| title | AUDIT – ASSESSMENT, INSPECTION OR CONTROL? |
| title_full | AUDIT – ASSESSMENT, INSPECTION OR CONTROL? |
| title_fullStr | AUDIT – ASSESSMENT, INSPECTION OR CONTROL? |
| title_full_unstemmed | AUDIT – ASSESSMENT, INSPECTION OR CONTROL? |
| title_short | AUDIT – ASSESSMENT, INSPECTION OR CONTROL? |
| title_sort | audit assessment inspection or control |
| topic | auditor external audit internal audi internal audit |
| url | http://www.upet.ro/annals/economics/pdf/2016/part1/Iacob_Al-Araji.pdf |
| work_keys_str_mv | AT constantaiacob auditassessmentinspectionorcontrol AT feedaabdalmajidsabbaralaraji auditassessmentinspectionorcontrol |