scholarly journals The Internal Audit As A Part Of The Risk Management Process In The Public Sector Entities

2007 ◽  
Vol 1 (9) ◽  
pp. 172-175
Author(s):  
Turlea Eugeniu ◽  
Stefanescu Aurelia
Keyword(s):  
Risk Management ◽  
Public Sector ◽  
Internal Audit ◽  
Management Process ◽  
The Public ◽  
Risk Management Process

scholarly journals The Manager Competences for Risk Management in the Public Sector

2017 ◽  
Vol 23 (1) ◽  
pp. 393-398
Author(s):  
Ivana Nekvapilova ◽  
Jaromir Pitas
Keyword(s):  
Risk Management ◽  
Public Sector ◽  
Public Administration ◽  
Management Process ◽  
Moral Competence ◽  
The Czech Republic ◽  
The Public ◽  
Research Organizations ◽  
Risk Management Process ◽  
New Situation

Abstract Implementation of risk management to the public sector in the Czech Republic presents itself to the new situation managers associated with many difficulties. These are primarily the ability to identify risks in public administration and ensure the proper functioning of their management process. The article aims to show the specifics of public administration in relation to the identification and risk management process and depending on the help of analogies derived from the model of key competences of managers necessary to successfully manage the entire process. In accordance with the stated aim of the text is divided into two main parts. In the competency model, emphasis is placed on the so-called Soft skills with focus on explaining the growing importance of moral competence in the risk management process, which is often neglected. This article was written as a part of the research project Development of Social Skills of a Soldier (LEADER_DZRO_K104), funded by institutional support which is intended for the development of research organizations in the Ministry of Defence (DZRO K- 104) funded from.

scholarly journals Analysis of the Risk Management Process on the Development of the Public Sector Information Technology Master Plan

Information ◽  
2018 ◽  
Vol 9 (10) ◽  
pp. 248 ◽  
Author(s):  
Sérgio Andrade deFreitas ◽  
Edna Canedo ◽  
Rodrigo Santos Felisdório ◽  
Heloise Leão
Keyword(s):  
Risk Management ◽  
Public Sector ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Master Plan ◽  
Public And Private ◽  
The Public ◽  
Management Processes ◽  
Risk Management Process ◽  
Information And Communication

The Information and Communication Technology Master Plan—ICTMP—is an important tool for the achievement of the strategic business objectives of public and private organizations. In the public sector, these objectives are closely related to the provision of benefits to society. Information and Communication Technology (ICT) actions are present in all organizational processes and involves size-able budgets. The risks inherent in the planning of ICT actions need to be considered for ICT to add value to the business and to maximize the return on investment to the population. In this context, this work intends to examine the use of risk management processes in the development of ICTMPs in the Brazilian public sector.

scholarly journals The role of records management as a tool to identify risks in the public sector in South Africa

2014 ◽  
Vol 16 (1) ◽  
Author(s):  
Mpho Ngoepe
Keyword(s):  
South Africa ◽  
Risk Management ◽  
Public Sector ◽  
Internal Audit ◽  
Risk Identification ◽  
Reciprocal Relationship ◽  
Records Management ◽  
The Public ◽  
Management Regime

Background: Records management is a vital element in the identification of risks. However, there is a consensus amongst scholars that the relationship between records management and risk identification has not been clearly articulated. As a result, risks associated with records are often dealt with via internal audits, legal processes and information technology.Objectives: The study utilised the King III report on corporate governance in South Africa as a framework to investigate the role of records management in identifying risks in the public sector, with a view to entrench the synergy between records management and risk management.Method: Quantitative data were collected through questionnaires distributed to records managers, risk managers and auditors in governmental bodies in South Africa. Provisions of the King III report, guided the research objectives.Results: Even though the study established that there is a reciprocal relationship between risk identification and records management, most governmental bodies in South Africa lack records management and risk-mitigating frameworks or strategy. Furthermore, records management did not feature in most governmental bodies’ risk registers. It has been established that most governmental bodies have established risk committees that do not include records management practitioners. In most governmental bodies, risk management resides within internal audit functions.Conclusion: The study concludes by arguing that a strong records management regime can be one of an organisation’s primary tools in identifying risks and implementing proper risk management. Therefore, records management should be integrated with risk management processes for organisations to benefit from the synergy.

scholarly journals Influence of New Public Management Philosophy on Risk Management, Fraud and Corruption Control and Internal Audit: Evidence from an Australian Public Sector Organization

2019 ◽  
Vol 18 (4) ◽  
Author(s):  
Anup Chowdhury ◽  
Nikhil Chandra Shil
Keyword(s):  
Risk Management ◽  
Control System ◽  
Public Sector ◽  
Private Sector ◽  
Financial Management ◽  
Public Management ◽  
New Public Management ◽  
Internal Audit ◽  
The Public ◽  
New Public

Research Question: This study will explore how private sector financial management technologies (specifically, risk management system, fraud and corruption control system and internal audit) become embedded in a selected public sector organisation. Motivation: The motivation for this study is to explore how private sector financial management control tools contributed to and shaped new organisational culture within the public sector organisation. Idea: The idea was generated from the philosophy of New Public Management which was based on the premise that using the private sector tools, the public sector would be efficient and at the same time effectiveness would be improved (Chowdhury and Shil, 2017). Data: Qualitative research approach was adopted and data was collected in the case study tradition. Twenty top, mid and junior level executives from a selected Government Department in the Australian Capital Territory were interviewed (Chowdhury and Shil, 2016). Tools: The main data sources were interviews and archival official documents. Another tool used was direct observation which helped researchers to support the archival documents and interview data. Data were analyzed using the approach provided by Miles and Huberman (1994). Findings: Findings of the study revealed that strategic risk management is a part of the business planning life cycle of the researched Department and business units review their strategic risks as part of their business planning process. In the Department it is evident that fraud and corruption control system is a part of their cultural environment. The Department has established an independent Internal Audit and Review Unit, who provides service to management to meet all prescribed statutory responsibilities within a performance improvement environment. Contribution: The findings of the present study are expected to increase our understanding about the private sector control devices used in a public sector context and this study will be of value to the academic researchers and practitioners. The study may be useful to the policy makers also who are engaged in formulating new public sector policies. Moreover, the findings reported on this study would be useful to the public sector managers in their day to day decision-making process.

The association between CEO characteristics, internal audit quality and risk-management implementation in the public sector

2017 ◽  
Vol 19 (4) ◽  
pp. 281-300 ◽  
Author(s):  
Khairul Rizan Mat Ludin ◽  
Zakiah Muhammaddun Mohamed ◽  
Norman Mohd-Saleh
Keyword(s):  
Risk Management ◽  
Public Sector ◽  
Audit Quality ◽  
Internal Audit ◽  
The Public ◽  
Ceo Characteristics

Business Intelligence in Audit

2012 ◽  
Vol 3 (3) ◽  
pp. 42-53
Author(s):  
Leticia R. Webb
Keyword(s):  
Risk Management ◽  
Business Intelligence ◽  
Internal Audit ◽  
Senior Management ◽  
Management Process ◽  
Risk Management Process

Since 2002, regulations have changed the landscape of internal audit as well as how many internal audit departments are viewed by senior management and the board, making it difficult for internal audit, especially small and medium departments, to maintain a role in the risk management process. Many companies are beginning to realize the benefit of using business intelligence in the risk management process. By finding ways to get involved in those efforts, internal audit can again provide value and regain a seat at the risk management table.

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