The object of the present paper is to answer the question regarding the sufficiency ofthe censorial control for a non-profit organization. In order to answer the question, we studied thespecific literature and also the law and we tried to find the specific areas that should be the mainobjectives...

The world has always been in constant change and evolution, but the rate atwhich changes and the evolution of humanity take place has dramatically increased over thepast 70 years. Corporate governance and internal audit profession were no exception, bothevolving with great speed. All changes on...

Ample debates took place and numerous methods were elaborated in order to assessthe environment performance of an entity. The simplest and fastest method consists in applyingenvironment indicators which can present the multitude of environment data in a much clearerformat. Environment indicators...

As a subsystem of the management system, the internal control could beviewed as the primordial condition for the efficient and effective accomplishment of thegeneral and specific objectives of any organization. From the audit perspective, theinternal control represents both an objective of the...

The purpose of the present investigation is to provide a short overview of themain implications arising from carrying related parties transactions: accounting reporting(related party disclosures - IAS 24), auditing (audit procedures for related partytransactions), taxation (issues regarding the...

The concept of fair value was subject of many debates and disputes in recentyears. These debates have focused mainly on the relevance of the concept, but also on thepractical difficulties in determining reasonable estimates, raising particularly the interest ofpractitioners in terms of...

The purpose of this paper is to realize a comparative analysis of theinternal banking control and internal audit, based on the Romanian banking system case.We identify the main differences and similarities between internal control and internalaudit at the level of Romanian banks. Using national...

Corporate governance includes structures that combine relationshipsbetween parties who invest resources and persons that monitor and manage businesses.These relationships are both formal, defined by rules and regulations and informal,materialized in business practices or ethical codes. The paper...

Our research intends to present a literature review on studies regarding theaudit fee and its cost behavioral in relation to the audit process. The purpose of the paperis to enhance and synthesize the main results of auditing research literature impendingaudit fee approximation. Hence, our...

The study has been carried out to identify auditors‘ perception regarding fraudprevention measures. In particular, the research focuses on the differences in perception ofthe effectiveness of fraud prevention measures among three categories of fraud: fraudulentfinancial statement,...