Internal Control
Subtitle: A Study of Concept and Themes
By: by Olof Arwinge
Contributors: SpringerLink (Online service)
Series: Contributions to Management Science
Publisher: Physica-Verlag HD; Imprint: Physica
Published: 2013
Place of publication: Heidelberg
Language: eng
Format: [electronic resource] :
Number of pages: 173
ISBN-13: 9783790828825
Subjects: Economics/Management Science; Economics; Auditing; Management information systems; Finance/Investment/Banking; Accounting/Auditing; Business Information Systems
Description: <p>The concept of internal control has developed along with audit practice. As demands have been made for greater accountability in corporate governance, the significance of internal control systems in companies has increased. Traditionally internal control has had a fairly direct relationship to financial reporting quality but wider approaches to internal control have expanded those boundaries much further. Stakeholders are increasingly concerned with the effectiveness of internal controls, and disclosure requirements are making firms to go public with regard to their internal control systems. From a design perspective,current research suggests that internal control designs are contingent upon variables such as company strategies, risk appetite, regulatory characteristics, and organizational size. Also there is much to learn about internal control quality, and the way internal control quality is associated with overall corporate governance quality. This book fills that gap.</p>
Table of contents: title: Chapter 1. Introduction; title: Chapter 2. The Control System of the Firm; title: Chapter 3. Key Components of the Internal Control; title: Chapter 4. A Regulatory Perspective; title: Chapter 5. Themes and Issues; title: Chapter 6. Conclusions and Future Research.