Using the business model canvas to improve audit processes
The study aims to determine whether auditors can use a business model canvas in their operations and how it increases the auditing value. This paper uses qualitative methods, including in-depth interviews with 37 internal auditors from Poland. It shows that the current channel of communicating audit...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
LLC "CPC "Business Perspectives"
2022-07-01
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| Series: | Problems and Perspectives in Management |
| Subjects: | |
| Online Access: | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/16814/PPM_2022_03_Dobrowolski.pdf |
| _version_ | 1811223247210938368 |
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| author | Zbysław Dobrowolski Łukasz Sułkowski Mirela Panait |
| author_facet | Zbysław Dobrowolski Łukasz Sułkowski Mirela Panait |
| author_sort | Zbysław Dobrowolski |
| collection | DOAJ |
| description | The study aims to determine whether auditors can use a business model canvas in their operations and how it increases the auditing value. This paper uses qualitative methods, including in-depth interviews with 37 internal auditors from Poland. It shows that the current channel of communicating audit assumptions with requesters is insufficient to facilitate audit processes. The auditors’ communication with their clients is limited by being in their knowledge area. The study presents a modified business model canvas, which fits auditors’ needs. The proposed changes rely on a different sequence of the traditional Osterwalder’s Canvas building blocks. Besides, modified Osterwalder’s model includes Mission, Impact, and Accountability blocks. These blocks, added to the model, make aware audit parties that the auditors are mission-focused and impact-driven on audited organizations and their environment. Adopting the business model canvas framework in the audit process showed potential, as auditors can better explain audit goals and limitations. The study fits the literature related to firms because it emphasizes that creating the process understandability for external parties is a crucial performance point. |
| first_indexed | 2024-04-12T08:29:45Z |
| format | Article |
| id | doaj.art-9839a4a8fbfe441a80e46cfd8331c846 |
| institution | Directory Open Access Journal |
| issn | 1727-7051 1810-5467 |
| language | English |
| last_indexed | 2024-04-12T08:29:45Z |
| publishDate | 2022-07-01 |
| publisher | LLC "CPC "Business Perspectives" |
| record_format | Article |
| series | Problems and Perspectives in Management |
| spelling | doaj.art-9839a4a8fbfe441a80e46cfd8331c8462022-12-22T03:40:14ZengLLC "CPC "Business Perspectives"Problems and Perspectives in Management1727-70511810-54672022-07-0120314215210.21511/ppm.20(3).2022.1216814Using the business model canvas to improve audit processesZbysław Dobrowolski0https://orcid.org/0000-0003-1438-3324Łukasz Sułkowski1https://orcid.org/0000-0002-1248-2743Mirela Panait2https://orcid.org/0000-0002-5158-753XProfessor, Institute of Public Affairs, Jagiellonian UniversityDr., Full Professor, Institute of Public Affairs, Jagiellonian UniversityProfessor, Department of Cybernetics, Economic Informatics, Finance and Accounting, Petroleum, Gas University of PloiestiThe study aims to determine whether auditors can use a business model canvas in their operations and how it increases the auditing value. This paper uses qualitative methods, including in-depth interviews with 37 internal auditors from Poland. It shows that the current channel of communicating audit assumptions with requesters is insufficient to facilitate audit processes. The auditors’ communication with their clients is limited by being in their knowledge area. The study presents a modified business model canvas, which fits auditors’ needs. The proposed changes rely on a different sequence of the traditional Osterwalder’s Canvas building blocks. Besides, modified Osterwalder’s model includes Mission, Impact, and Accountability blocks. These blocks, added to the model, make aware audit parties that the auditors are mission-focused and impact-driven on audited organizations and their environment. Adopting the business model canvas framework in the audit process showed potential, as auditors can better explain audit goals and limitations. The study fits the literature related to firms because it emphasizes that creating the process understandability for external parties is a crucial performance point.https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/16814/PPM_2022_03_Dobrowolski.pdfauditingbusiness administrationbusiness economicsbusiness model canvasgovernancemodel |
| spellingShingle | Zbysław Dobrowolski Łukasz Sułkowski Mirela Panait Using the business model canvas to improve audit processes Problems and Perspectives in Management auditing business administration business economics business model canvas governance model |
| title | Using the business model canvas to improve audit processes |
| title_full | Using the business model canvas to improve audit processes |
| title_fullStr | Using the business model canvas to improve audit processes |
| title_full_unstemmed | Using the business model canvas to improve audit processes |
| title_short | Using the business model canvas to improve audit processes |
| title_sort | using the business model canvas to improve audit processes |
| topic | auditing business administration business economics business model canvas governance model |
| url | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/16814/PPM_2022_03_Dobrowolski.pdf |
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