title: Internal audit outsourcing practice and rationales: SME evidence from New Zealand

authors: Van Peursem, Karen A.

subjects: enterprises

abstract: Purpose – This study seeks to examine practices in, and rationales for, internal audit outsourcing in New Zealand (NZ) companies. The purpose is to assess whether practice and preference conform to expectations where small-to-medium businesses dominate. 

Design/methodology/approach – Senior financial managers of all 165 NZ Stock Exchange listed companies are surveyed. Questions are drawn from the strategic management and auditing literature. Relationships between size, international association and industry are tested or revealed from descriptive statistics and qualitative analyses. Comparisons to overseas studies, where possible, are drawn. 

Findings – Of 63 usable responses (38.2 per cent response rate), a comparatively low 57 per cent carry out some form of internal audit and a further 27 per cent claim interest in doing so. International companies are more likely to engage in internal audit, and preliminary findings point to less interest within consumer and equity/trust industries. As to outsourcers, 65 per cent (11) only began doing so recently, Big4 accounting firms are a major source, access to quality is an important reason and most 82 per cent (14 of 17) are aware of independence issues. Conclusions analyse legislative incentive patterns found and suggest further research. 

Originality/value – Recent scandals and legislation in the USA, UK and Australia highlight the importance of the internal audit function to industry. This study looks at practices in and rationales for internal audit outsourcing found within the NZ corporate sector.

text: Internal audit outsourcing practice and rationales: SME evidence from New Zealand Purpose – This study seeks to examine practices in, and rationales for, internal audit outsourcing in New Zealand (NZ) companies. The purpose is to assess whether practice and preference conform to expectations where small-to-medium businesses dominate. 

Design/methodology/approach – Senior financial managers of all 165 NZ Stock Exchange listed companies are surveyed. Questions are drawn from the strategic management and auditing literature. Relationships between size, international association and industry are tested or revealed from descriptive statistics and qualitative analyses. Comparisons to overseas studies, where possible, are drawn. 

Findings – Of 63 usable responses (38.2 per cent response rate), a comparatively low 57 per cent carry out some form of internal audit and a further 27 per cent claim interest in doing so. International companies are more likely to engage in internal audit, and preliminary findings point to less interest within consumer and equity/trust industries. As to outsourcers, 65 per cent (11) only began doing so recently, Big4 accounting firms are a major source, access to quality is an important reason and most 82 per cent (14 of 17) are aware of independence issues. Conclusions analyse legislative incentive patterns found and suggest further research. 

Originality/value – Recent scandals and legislation in the USA, UK and Australia highlight the importance of the internal audit function to industry. This study looks at practices in and rationales for internal audit outsourcing found within the NZ corporate sector.

year: 2008

title: Pedological and some other soil-related activities within the Earth sciences discipline at the University of Waikato, Hamilton, New Zealand − the first 50 years (1969-2018)

authors: Lowe, David J.

subjects: pedology

abstract: We outline teaching and research activities relating to pedology and soil survey, and some other soil-related work involving geomechanics, both in New Zealand and Antarctica, carried out by staff and students in the Earth Sciences discipline at the University of Waikato for the 50-year period from 1969 to 2018. Key features include: (i) the insightful multi-disciplinary approach using a new Earth sciences’ framework that was enacted at the outset by founding professor John D. McCraw and colleagues Michael J. Selby and Harry S. Gibbs in particular; (ii) the development of teaching and research strengths in pedology, especially involving tephra-derived soils and soil stratigraphy in the central North Island, and the concomitant advancement of prowessness in Quaternary tephrostratigraphy and tephrochronology; (iii) the development of expertise in slope studies and rock and soil mechanics (geomechanics, engineering geology), with specialist advancements regarding pyroclastic and associated reworked deposits and altered products; (iv) pathfinding research involving classical soil surveying and the subsequent growth of the use of GIS and geostatistical tools, which aided the eventual development of digital soil mapping beyond the university, and their application to a wide range of disciplines including geomorphology, sustainable plantation forestry, agriculture, and horticulture; (v) growth of expertise in multiple aspects of studies on wetlands (peatlands, lakes), and in environmental and carbon- and nitrogen-flux based research; (vi) pioneering and enduring research in Antarctica including soil surveying and studies on human impacts; and (vii) the successful development of an effective postgraduate school encompassing pedology, soil science, and geomechanics (amongst other disciplines). Waikato students have received around one half of the New Zealand Society of Soil Science annual awards for ‘best masterate thesis’, and around one third for ‘best doctoral thesis’ since 1976. In addition, staff and students in the department have led or contributed to many regional, national, and international conferences and associated field trips involving soils or Earth sciences, to the development of the “New Zealand Soil Classification”, and to the discipline of pedology in many other ways including serving as editors and in professional societies.

text: Pedological and some other soil-related activities within the Earth sciences discipline at the University of Waikato, Hamilton, New Zealand − the first 50 years (1969-2018) We outline teaching and research activities relating to pedology and soil survey, and some other soil-related work involving geomechanics, both in New Zealand and Antarctica, carried out by staff and students in the Earth Sciences discipline at the University of Waikato for the 50-year period from 1969 to 2018. Key features include: (i) the insightful multi-disciplinary approach using a new Earth sciences’ framework that was enacted at the outset by founding professor John D. McCraw and colleagues Michael J. Selby and Harry S. Gibbs in particular; (ii) the development of teaching and research strengths in pedology, especially involving tephra-derived soils and soil stratigraphy in the central North Island, and the concomitant advancement of prowessness in Quaternary tephrostratigraphy and tephrochronology; (iii) the development of expertise in slope studies and rock and soil mechanics (geomechanics, engineering geology), with specialist advancements regarding pyroclastic and associated reworked deposits and altered products; (iv) pathfinding research involving classical soil surveying and the subsequent growth of the use of GIS and geostatistical tools, which aided the eventual development of digital soil mapping beyond the university, and their application to a wide range of disciplines including geomorphology, sustainable plantation forestry, agriculture, and horticulture; (v) growth of expertise in multiple aspects of studies on wetlands (peatlands, lakes), and in environmental and carbon- and nitrogen-flux based research; (vi) pioneering and enduring research in Antarctica including soil surveying and studies on human impacts; and (vii) the successful development of an effective postgraduate school encompassing pedology, soil science, and geomechanics (amongst other disciplines). Waikato students have received around one half of the New Zealand Society of Soil Science annual awards for ‘best masterate thesis’, and around one third for ‘best doctoral thesis’ since 1976. In addition, staff and students in the department have led or contributed to many regional, national, and international conferences and associated field trips involving soils or Earth sciences, to the development of the “New Zealand Soil Classification”, and to the discipline of pedology in many other ways including serving as editors and in professional societies.

year: 2018

title: The Mātauranga Māori in Mathematics Directive: Exploring the place of mātauranga Māori in Mathematics teaching and learning

authors: Williams, Jessica Elizabeth

subjects: mathematics education

abstract: This thesis explores issues concerning mātauranga Māori in mathematics teaching and learning here in Aotearoa. The Ministry of Education has directed that mana ōrite mō te mātauranga Māori be embedded in teaching, learning, and assessment. Thus, this research primarily aims to understand the development leading to the directive of including mātauranga Māori in education policies. For the English-medium secondary education settings, the second and third aims of this research are to explore what mātauranga Māori means to teachers of mathematics and to consider the connections between mātauranga Māori and mathematics teaching and learning. To investigate these aims, a semi-structured group discussion with four secondary mathematics teachers from an English-medium setting was conducted. The results of this thesis highlight the confusion and challenges secondary mathematics educators have toward defining, and subsequently, implementing mātauranga Māori in their classrooms. This thesis also found that there is enthusiasm and interest around learning how to ensure indigenous and marginalised learners reach their mathematics potential. Believing that indigenous worldviews have the potential to shift education outcomes for minority learners, this thesis adds to literature related to indigenous education, secondary mathematics education, and English-medium education of Māori learners.

text: The Mātauranga Māori in Mathematics Directive: Exploring the place of mātauranga Māori in Mathematics teaching and learning This thesis explores issues concerning mātauranga Māori in mathematics teaching and learning here in Aotearoa. The Ministry of Education has directed that mana ōrite mō te mātauranga Māori be embedded in teaching, learning, and assessment. Thus, this research primarily aims to understand the development leading to the directive of including mātauranga Māori in education policies. For the English-medium secondary education settings, the second and third aims of this research are to explore what mātauranga Māori means to teachers of mathematics and to consider the connections between mātauranga Māori and mathematics teaching and learning. To investigate these aims, a semi-structured group discussion with four secondary mathematics teachers from an English-medium setting was conducted. The results of this thesis highlight the confusion and challenges secondary mathematics educators have toward defining, and subsequently, implementing mātauranga Māori in their classrooms. This thesis also found that there is enthusiasm and interest around learning how to ensure indigenous and marginalised learners reach their mathematics potential. Believing that indigenous worldviews have the potential to shift education outcomes for minority learners, this thesis adds to literature related to indigenous education, secondary mathematics education, and English-medium education of Māori learners.

year: 2023