scholarly journals METHODOLOGY FOR DEVELOPING AN INFORMATION MODEL OF INTERNAL CONTROL OF THE “PROCUREMENT” BUSINESS PROCESS USING DIGITAL TECHNOLOGIES BASED ON A RISK-ORIENTED APPROACH

2021 ◽  
Vol 1 (№9 2021) ◽  
pp. 28-36
Author(s):  
S.A. Bulgakov
Keyword(s):  
Business Process ◽  
Internal Control ◽  
Digital Technologies ◽  
Information Model ◽  
Oriented Approach

A Business Process Oriented Approach to Data Integration

1996 ◽  
pp. 35-54
Author(s):  
Eberhard Stickel ◽  
Jens Hunstock ◽  
Anke Ortmann ◽  
Jan Ortmann
Keyword(s):  
Data Integration ◽  
Business Process ◽  
Process Oriented ◽  
Oriented Approach

Teaching an Enterprise Project as a Capstone Courseof the CIS/BIT Program

2011 ◽  
pp. 113-128
Author(s):  
Andrew Targowski
Keyword(s):  
Business Process ◽  
Software Package ◽  
Process Integration ◽  
System Development ◽  
Enterprise System ◽  
Capstone Course ◽  
Knowledge And Skills ◽  
Western Michigan University ◽  
Integrated Software ◽  
Oriented Approach

This chapter introduces a concept of the capstone course of the CIS/BIT program at the Western Michigan University. The course is composed of lectures and ?ve projects, which are related to each other. The lectures provide knowledge that supports every project. The end-product of this course is prototyped software of an Enterprise Performance Manage-ment System, which is demonstrated by each team as an integrated software package. The course is divided in three following parts: Part I: Enterprise System De?nition (Classic Knowledge and Skills), Part II: Business Process Integration (Trend-oriented approach), Part III: Enterprise System Development (ERP Prototype-Demo Software). The author hopes that the presented capstone’s course concept facilitates the understanding of the business process-driven CIS/BIT program.

Do Client-Prepared Internal Control Documentation and Business Process Flowcharts Help or Hinder an Auditor's Ability to Identify Missing Controls?

2009 ◽  
Vol 28 (1) ◽  
pp. 79-94 ◽  
Author(s):  
James Lloyd Bierstaker ◽  
James E. Hunton ◽  
Jay C. Thibodeau
Keyword(s):  
Control System ◽  
Business Process ◽  
Internal Control ◽  
Control Design ◽  
Internal Controls ◽  
Design Evaluation ◽  
Treatment Conditions ◽  
Internal Control System ◽  
Research Findings ◽  
Control Matrix

SUMMARY: The purpose of this study is to examine the extent to which client-prepared internal control documentation and business process flowcharts affect auditors' ability to detect missing internal controls. A total of 395 experienced auditors participated in a two (internal control matrix: blank or client-prepared) by two (business process flowchart: absent or present) between-participants experiment. The research findings indicate that auditors who were supplied with a blank internal control matrix and a business process flowchart identified significantly more missing controls relative to the three other treatment conditions, among which there were no differences in the number of identified missing controls. The results indicate that when auditors are evaluating the effectiveness of a client's internal control system for a significant business process, they should be provided with a flowchart of the business process under examination and complete their internal control design evaluation before reading client-prepared internal control documentation.

scholarly journals Driving Supply Chain Transformation Through a Business Process Oriented Approach

2010 ◽  
Vol 2 (4) ◽  
pp. 298-314 ◽  
Author(s):  
Changrui Ren ◽  
Miao He ◽  
Qinhua Wang ◽  
Bing Shao ◽  
Jin Dong
Keyword(s):  
Supply Chain ◽  
Business Process ◽  
Process Oriented ◽  
Chain Transformation ◽  
Oriented Approach

A business process gap detecting mechanism between information system process flow and internal control flow

2009 ◽  
Vol 47 (4) ◽  
pp. 436-454 ◽  
Author(s):  
Shi-Ming Huang ◽  
David C. Yen ◽  
Yu-Chung Hung ◽  
Yen-Ju Zhou ◽  
Jing-Shiuan Hua
Keyword(s):  
Information System ◽  
Business Process ◽  
Internal Control ◽  
Control Flow ◽  
Process Flow ◽  
System Process

scholarly journals Organizing internal audit at enterprises: a risk-based approach

2021 ◽  
pp. 15-18
Author(s):  
Iryna MAKSYMCHUK ◽  
Tetіana UMANETS
Keyword(s):  
Financial Reporting ◽  
Internal Control ◽  
Internal Audit ◽  
Financial Risks ◽  
Risk Map ◽  
Personal Opinion ◽  
Main Activity ◽  
Level Of Significance ◽  
Audit Program ◽  
Oriented Approach

The paper investigates organization of internal audit at risk-oriented enterprises. The differences between traditional and risk-oriented approaches of internal audit at enterprises are considered. The risk-oriented internal audit allows us to investigate not only financial risks that arise in internal control and accounting, and the risks of differentiated audit are to evaluate various risks groups: financial, operational, technical, informational, etc. Each group has a corresponding hierarchy. Thus, financial risks include accounting risks (second level), which in accordance with IFRS and GAAP requirements include three groups of economic risks: market risk, credit risk and risk of main activity - third level. The risk-oriented internal audit allows you to evaluate the risks at the level of the enterprise divisions. The introduction of the principles and postulates of the concept of "liability centers" in the enterprise allows, for example, in the implementation of expert risk assessment, use personal opinion of managers and specialists of various units in the formation of the chain of values of the enterprise. The risk-oriented internal audit focuses on assessing risks that are not enough or excessively controlled. At the same time, risks are taken into account by the level of significance on the Luckyert scale: minor, moderate and large. But for each subdivision, the level of materiality can be different - it is necessary to calculate the integral risk for the enterprise in general. The risk map of the financial department of the enterprise is built on the basis of the concept of stakeholders. It has been proved that the risk map allows monitoring of the risks of significant distortion of accounting (financial) and non-financial reporting in terms of responsibility centers. The prospects for further research are determined: the development of internal audit documents using the principles of risk-oriented approach - an audit plan, audit program, audit report, schedule document circulation of internal audit service, etc.

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