The current wave of privatization, abroad more aptly referred to as denationalization, has achieved decidedly mixed results. Performance shortfalls have been fostered by operational weaknesses in the nature of the denationalization process, and by structural deficiencies which impede the...

Discusses the role of internal audit in the socialist market economy, the need for supervision of enterprises through internal audit and the way in which various stakeholders benefit. Makes a case for why internal audit uniquely fulfils the supervisory role and should not be substituted by...

Data management is the preferred name for a technique that is known by other names. It involves the rearranging of data until such point as it is possible to make sense out of the confusion of raw data. Provides a practical, worked example of data management in action. A mini case study seeks to...

The role of internal auditors is changing from a traditional audit approach to a more proactive value‐added approach where internal auditors are taking up partnerships with management. The debate of internal auditors needing to expand their repertoire has been around for many decades, though...

Internal auditors have a direct interest in understanding how external audit firms make decisions that may have important implications for their own firm. Explores whether differently sized audit firms apply professional standards in a similar manner. Such uniform application should be expected...

This paper outlines the results of a survey designed to compare the opinions of internal auditors to one class of audit customers – namely management accountants. To function effectively, internal auditors and the customers of audit services should possess a similar understanding of what makes...

Argues that total quality management (TQM), with its emphasis on people empowerment, is incompatible with financial– and compliance‐based internal auditing. Examines the implications of TQM for internal auditors in New Zealand manufacturing companies. The empirical evidence suggests that...

Compares two studies, one in 1983 and one in 1994, of the reaction of a randomly selected group of internal auditors of various levels of competence and in various industrial groups to 20 vignettes identifying a series of internal auditing related ethical situations. The vignettes of the two...

Provides data on the Slovenian economy from 1993‐1996. Briefly describes the national state of internal and external auditing, and the limited training. Discusses the work of the Slovenian Institute of Auditors in promoting and developing the profession, before describing one of the main...

Poses the question: with the ever‐present pressure on internal audit to say what management wants to hear, how can auditors maintain the participative approach while ensuring that reports keep their essential features and achieve their purpose? Professional standards and practical observation...