scholarly journals Research on the Development of Accounting Internal Audit System of Listed Companies

2020 ◽  
Vol 2 (3) ◽  
pp. 61
Author(s):  
Junnan Zhang
Keyword(s):  
Financial Management ◽  
Rapid Development ◽  
Internal Audit ◽  
Economic Structure ◽  
Listed Companies ◽  
Management Systems ◽  
System Construction ◽  
Audit System ◽  
National Economic ◽  
China’S Economy

<p>With the rapid development of China’s market economy, listed companies are the backbone of China’s national economic growth and economic structure optimization, and they promote the continuous development of China’s economy. However, in order to better adapt to the development needs of today’s society and the needs of social and economic system construction, China’s listed companies have begun to effectively adjust their internal management systems, especially most of them have started to adjust their financial management systems in detail. This paper analyzes the problems existing in the internal audit of listed companies in China, and puts forward corresponding countermeasures.</p>

THE PRINCIPLES OF ORGANIZING THE INTERNAL AUDIT SYSTEM IN A MARKET ECONOMY

2021 ◽  
Vol 2 (2) ◽  
pp. 109-113
Author(s):  
L. M. KORCHAGINA ◽  
Keyword(s):  
Market Economy ◽  
Internal Audit ◽  
Management Systems ◽  
Audit System ◽  
Control And Management

This article deals with the issues related to the organization of the internal audit service, which allows to assess the effectiveness of control and management systems that exist in the organization, as well as to determine the factors that hinder the achievement of the goals and development of the company. The article examines the principles of the organization of the internal audit system in companies, as well as reveals the factors that affect the effectiveness of the internal audit service.

scholarly journals Integrating Audit System Of AGC, ISO14001, ISO45001 to Improve Implementation of the Management Systems in Leading Heavy Equipment Companies

2021 ◽  
Vol 3 (4) ◽  
pp. 42-47
Author(s):  
Satriyo Widy Prasetyo ◽  
Gembong Baskoro ◽  
Dena Hendriana ◽  
Henry Nasution ◽  
Hanny J. Berchsman
Keyword(s):  
Management System ◽  
Occupational Safety ◽  
Internal Audit ◽  
Occupational Safety And Health ◽  
Iso 14001 ◽  
Management Systems ◽  
Audit Tool ◽  
Audit System ◽  
Heavy Equipment ◽  
Safety And Health

In running a business in a company, a management system is needed to determine every company's decision making by considering environmental protection and development, occupational safety and health. By applying AGC (occupational safety and health and environment), ISO 14001 (Environment), ISO 45001 (occupational safety and health) and other management systems. With so many management systems implemented by companies, there is a need for integration between management systems, especially during audits. With the existence of an integrated internal audit tool, it can be more effective and efficient in running a management system that is widely implemented. Duplication of work and documents can be avoided in conducting internal audits. Therefore, it is necessary to have an integrated internal audit tool for readiness to conduct an audit from external parties.

scholarly journals The Impact of Participation in PPP Projects on Total Factor Productivity of Listed Companies in China

2021 ◽  
Vol 13 (14) ◽  
pp. 7603
Author(s):  
Xiangdong Liu ◽  
Guangxi Cao
Keyword(s):  
Total Factor Productivity ◽  
High Speed ◽  
Operation Mode ◽  
Listed Companies ◽  
Financing Constraints ◽  
Eastern Region ◽  
Time Varying ◽  
Factor Productivity ◽  
The Impact ◽  
China’S Economy

The key to transforming China’s economy from high-speed growth to high-quality development is to improve total factor productivity (TFP). Based on the panel data of China’s listed companies participating in PPP (Public–Private Partnerships) projects from 2010 to 2019, this paper constructs the time-varying DID method to test the impact of participation in PPP projects on the company’s TFP empirically, explore the mechanism of the effect of participation in PPP projects on the company’s TFP, and then conduct heterogeneous analysis from four perspectives: region, industry, ownership form, and operation mode. The empirical results show that participation in PPP projects can significantly promote the growth of the company’s TFP, which mainly comes from the promotion of the innovation level of listed companies and the alleviation of financing constraints by participating in PPP projects. In addition, participation in PPP projects has a significant impact on TFP of listed companies in the eastern region, listed companies in the secondary and tertiary industries, state-owned listed companies, and listed companies participating in PPP projects under the BOT mode.

Barriers and catalysts to sound financial management systems in small sized enterprises

2005 ◽  
Vol 7 (3) ◽  
pp. 1-26 ◽  
Author(s):  
Stuart McChlery ◽  
Alan D Godfrey ◽  
Lesley Meechan
Keyword(s):  
Financial Management ◽  
Management Systems

scholarly journals Austerity and financial governance: a UK case study of the National Health Service

2014 ◽  
Vol 27 (3) ◽  
pp. 212-224 ◽  
Author(s):  
Malcolm Prowle ◽  
Don Harradine
Keyword(s):  
Financial Management ◽  
Good Practice ◽  
Management Systems ◽  
Executive Directors ◽  
Structured Interviews ◽  
Content Type ◽  
Financial Governance ◽  
Governance Process ◽  
The Uk ◽  
Finance Directors

Purpose – This research concerns the issue of financial governance within the UK NHS and aims to assess the effectiveness of existing financial governance arrangements in the main providers of health services in the UK. Also considered is the importance of good financial governance in a time of financial austerity. Design/methodology/approach – The primary research for this project was based on the use of a questionnaire to all finance directors in NHSTs in England supported by semi-structured interviews with: finance directors, non-executive directors, executive directors and senior finance staff. Findings – Among the main findings of the study were: certain financial management systems were not prioritised in line with what is seen as good practice; existing financial management systems were not always seen as adequate for the achievement of good financial governance; there was sometimes a lack of understanding of financial issues by non-executive directors; and the complexity of the NHS funding process often resulted in opaqueness of the financial risks. Research limitations/implications – The research is limited by the relatively small coverage of NHS trusts but this has been compensated for by a series of in-depth interviews with key stakeholders in the governance process. Practical implications – Weaknesses in financial governance could result in further scandals which result in loss of life and poor patient care. Originality/value – There are many papers on the issue of governance in the public sector in general and the NHS in particular. However, there is little published on the issue of financial governance in the NHS. Also of great value is the emphasis on strengthening financial governance in an era of austerity

scholarly journals Modern financial control of operations at the enterprise: its essence and features

2020 ◽  
pp. 10-14
Author(s):  
Kseniia KOVTUNENKO ◽  
Kateryna BONDARENKO
Keyword(s):  
Public Finance ◽  
Financial Management ◽  
Internal Audit ◽  
The State ◽  
External Control ◽  
Financial Control ◽  
Finance Management ◽  
Current State ◽  
Role Of The State ◽  
Local Resource Management

The purpose of the paper is to improve institutions and legislation on public finance management in Ukraine, to define the concept of "financial control", to consider the process of development and formation of financial control, to highlight the financial control`s features, to justify the need for long-term financial control. Financial control and financial management in the enterprise are very important for every state. The current state of economic improvement in Ukraine should increase the role of the state in regulating the economy in order to identify differences between the law, recognizing the standards and functioning of financial control. At the present stage in Ukraine, the issue of establishing unification of public finance management remains unresolved: there is a discrepancy in state legislation. The Ukrainian economy`s growth leads to an additional need for financial control in a moment. Thus, its role and importance in securing the assets of different types of members’ organizations, the equipment`s efficiency, labour and finance. The paper is devoted to the key issues of finding ways to ensure financial control in the organization and the regulatory framework in this area. The paper presents an overview of financial control by state (local) resource management and their use, as well as financial control of public administration by the state external financial regulator (audit), the Ministry of Finance on behalf of the Verkhovna Rada of Ukraine, and public finance management, including internal management and internal audit, which are provided by current legislation. In the paper was presented a study of the financial control`s concept. The main types of financial control, its goals and objectives are researched. The author emphasizes the importance of the organization’s internal financial control and the key stages of its development. The types of external control and features of their application were also researched. In conclusion the Ukrainian financial management`s current state is researched.

scholarly journals PERKEMBANGAN HUKUM SEKTOR JASA KEUANGAN DALAM UPAYA PERCEPATAN PERTUMBUHAN EKONOMI NASIONAL

2017 ◽  
Author(s):  
Tri Handayani ◽  
Lastuti Abubakar
Keyword(s):  
Financial Services ◽  
Rapid Development ◽  
Law Reform ◽  
Integration Framework ◽  
Services Sector ◽  
Descriptive Research ◽  
Financial Services Sector ◽  
Regulatory Changes ◽  
Institutional Service ◽  
National Economic

Indonesia’s financial services sector shows a rapid development in line with changes in the regional and global sector. Taking a role in promoting the acceleration of national economic growth, financial services sector is directed to optimally play a role in stability of the financial system as a foundation for sustainable development, and realizing the financial independence of the community and supporting efforts to increase equity in Development (inclusive). This research uses normative juridical approach with analytical descriptive research specification. Data were analyzed by qualitative juridical. Based on the results of the research, the regulation in the financial services sector is growing rapidly as a result of regional and global demands, especially facing the ASEAN Banking Integration Framework (ABIF). Legal developments in the financial services sector are reflected in regulatory changes on institutional, service and product aspects as well as dispute resolution. There is still a need for legal reform that can provide a solid legal basis for the financial services sector, namely civil law reform and banking law.

scholarly journals Common Problems and Design Methods of Urban Municipal Road Design

2017 ◽  
Vol 6 (2) ◽  
Author(s):  
Jiayi Miao
Keyword(s):  
Social Life ◽  
Driving Force ◽  
Rapid Development ◽  
Road Construction ◽  
Urban Infrastructure ◽  
Urban Transport ◽  
Urban Road ◽  
Road Design ◽  
Common Problems ◽  
China’S Economy

With the rapid development of China's economy, the construction scale of urban transport is also expanding. Among them, municipal road construction is an important part of urban infrastructure as well as an important guarantee for the development of people's livelihood; it is also an important driving force to promote urban transport system and social life development. The author expounds the importance and basic requirements of urban road designing, and discusses some common problems and countermeasures, hoping to be helpful.

scholarly journals The Relationship between Non-audit Services and Auditor Independence: Evidence from Chinese Listed Companies

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Xiaobo Hao
Keyword(s):  
Rapid Development ◽  
Binary Logistic Regression ◽  
Listed Companies ◽  
Auditor Independence ◽  
Binary Logistic Regression Model ◽  
Western Countries ◽  
Chinese Listed Companies ◽  
Independent Variable ◽  
The Relationship ◽  
Non Audit Services

The rapid development of non-audit services (NAS) has jeopardized the independence of auditors, which has led many Western countries to enact regulations that restrict the provision of NAS. While in China, NAS have just emerged, and its development in China is far less mature than in Western countries. The purpose of this paper is to explore whether NAS in China have damaged auditor independence and whether Chinese regulators need to emulate Western countries and strongly limit the provision of NAS. In order to achieve this objective, 213 Chinese listed companies are selected in this study. The audit opinions issued by the auditors are used as substitute variables for auditor independence (dependent variables), and the ratio of non-audit service fees to the total of audit service fees and non-audit service fees as a substitute variable for the provision of NAS (independent variable), and meanwhile some suitable control variables are also selected. Analyse these data by building a binary logistic regression model. The results show that there is no evidence in China that NAS can undermine auditor independence and there is no need for China to enact regulations to prohibit the provision of NAS.

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