scholarly journals Activating the Role of Internal Control Systems in the Evaluation of the Environmental Performance A Pilot Study in Industrial Installations in Mosul City

2011 ◽  
Vol 33 (104) ◽  
pp. 94-113
Author(s):  
Khalid Althamee ◽  
Arsalan Alafandy
Keyword(s):  
Pilot Study ◽  
Control Systems ◽  
Internal Control ◽  
Environmental Performance

The stewardship organization: essential characteristics and conditions of feasibility

2020 ◽  
Vol 35 (3/4) ◽  
pp. 175-190
Author(s):  
Mark Lehrer ◽  
Lydia Segal
Keyword(s):  
Control Systems ◽  
Internal Control ◽  
Design Methodology ◽  
Content Type ◽  
Agent Behavior ◽  
Bona Fide ◽  
Facilitating Conditions ◽  
Stewardship Behavior ◽  
Practical Implications

PurposeThe paper explores the nature and facilitating conditions of “stewardship organizations,” that is, organizations in which stewardship behavior rather than principal–agent behavior defines the operative principles of management.Design/methodology/approachThe paper falls into two parts: the first part of the analysis develops a theory of the stewardship organization, and the second part develops a contingency framework concerning the feasibility of stewardship organizations.FindingsStewardship organizations are characterized by three interlocking traits: (1) the overall mission of the organization, (2) the organization's internal control systems and (3) the “motivational environment” of the stewardship organization. Since stewardship organizations cannot be identified on the basis of stated mission alone, it is necessary to determine whether the mission involves a higher calling that has been internalized by organizational members to the point of constituting a vital part of how the organization runs on a day-to-day basis.Practical implicationsOne key role of leadership in such organizations is to manage mission drift and to reduce the ambiguity of the mission and organization goals.Social implicationsLitmus tests are proposed for identifying an authentic stewardship organization in contradistinction to those whose socially minded values are ancillary or a marketing ploy.Originality/valueThis is the first systematic attempt to characterize the stewardship organization. After providing three specific examples of such organizations, the contribution identifies key markers of bona fide stewardship organizations.

Methodological approaches to the formation of an internal control system in state institutions

2021 ◽  
pp. 42-53
Author(s):  
Shahzod Khamrakulovich Nabiev ◽  
Elena Alekseevna Fedchenko
Keyword(s):  
Control System ◽  
Control Systems ◽  
Internal Control ◽  
Negative Consequences ◽  
Practical Application ◽  
State Institutions ◽  
Internal Control System ◽  
Methodological Approaches ◽  
Organizational Mechanisms

This article analyzes methodological approaches to the construction of internal control systems, evaluates the role of individual components and forms recommendations for improving the efficiency of the functioning of internal control subjects, both universal and those that find practical application in the activities of state institutions, whose organizational mechanisms need significant transformation, which is based on an effective internal control system that allows not only to quickly identify violations and shortcomings, but also to apply timely measures aimed at minimizing their negative consequences.

scholarly journals The Role of Internal Control Guidance in the Modern Economy and Its Impact on Audit Governance in the U.S.

2019 ◽  
Vol 3 (1) ◽  
pp. p1
Author(s):  
Victor W Gaines DBA ◽  
Karina Kasztelnik Ph.D
Keyword(s):  
Control System ◽  
Public Sector ◽  
Control Systems ◽  
Internal Control ◽  
Integrated Framework ◽  
Modern Economy ◽  
Internal Control System ◽  
The World ◽  
The U.S

Whether it is the private sector or public sector, it is important for auditors to have an adequate framework when evaluating internal control systems governance. One of the most widely used frameworks used by audit practitioners is the COSO Internal Control-Integrated Framework Governance. As auditors examine different global frameworks, one can quickly identify the importance the COSO Internal Control-Integrated Framework Governance has on evaluating internal control systems globally. As audit practitioners, it is essential  to have a universal framework that can systematically assist in evaluating an internal control system. As auditors and management look toward the future, whether it is private or public sector auditing, they can-will see the fingerprints of the COSO Internal Control-Integrated Framework Governance in evaluating future internal control systems throughout the world. This article are helpful to both the pravite sector management and policymakers.

The engineering options for mitigating the climate impacts of aviation

2007 ◽  
Vol 365 (1861) ◽  
pp. 3047-3059 ◽  
Author(s):  
Victoria Williams
Keyword(s):  
Climate Change ◽  
Control Systems ◽  
Traffic Control ◽  
Environmental Performance ◽  
Fuel Efficiency ◽  
Air Traffic ◽  
Climate Impacts ◽  
Traffic System ◽  
Reduce Carbon Dioxide

Aviation is a growing contributor to climate change, with unique impacts due to the altitude of emissions. If existing traffic growth rates continue, radical engineering solutions will be required to prevent aviation becoming one of the dominant contributors to climate change. This paper reviews the engineering options for mitigating the climate impacts of aviation using aircraft and airspace technologies. These options include not only improvements in fuel efficiency, which would reduce carbon dioxide (CO 2 ) emissions, but also measures to reduce non-CO 2 impacts including the formation of persistent contrails. Integrated solutions to optimize environmental performance will require changes to airframes, engines, avionics, air traffic control systems and airspace design. While market-based measures, such as offset schemes and emissions trading, receive growing attention, this paper sets out the crucial role of engineering in the challenge to develop a ‘green air traffic system’.

scholarly journals Internal Control: Its Role in the Reduction of Fraud and Professional Misconduct among SMEs

2021 ◽  
pp. 57-66
Author(s):  
Okeke, Stella Ehis ◽  
Offor, Stephanie Ifunanya ◽  
Chukwunwike, Onyekachi David
Keyword(s):  
Control Systems ◽  
Survey Research ◽  
Research Design ◽  
Internal Control ◽  
Internal Controls ◽  
Small Scale ◽  
Professional Misconduct ◽  
Medium Scale ◽  
Improve Efficiency

The issue of fraud and professional misconduct is a challenge to many organizations. However, the small-scale and medium-scale enterprises (SMEs) are more vulnerable. This study evaluates the role of internal control in the reduction of fraud and professional misconduct among SMEs in the Enugu metropolis. This study adopted survey research design. The research made the following major findings: that internal controls are put in place by SMEs, that internal controls are adhered to in SMEs, and that the internal controls implemented are effective in curbing fraud and professional misconduct in SMEs. Hence, the research recommend that owners and managers of SMEs should evaluate existing internal control systems and continue to implement good internal controls and ensure that proper financial records are kept and statements are prepared periodically, and small-scale enterprises that do not have internal controls should establish such and implement them to curb fraud and professional misconduct and thereby improve efficiency of operations.

scholarly journals РОЛЬ КІБЕРСТРАХУВАННЯ В СИСТЕМІ РИЗИК-МЕНЕДЖМЕНТУ БАНКІВСЬКИХ УСТАНОВ

2020 ◽  
pp. 183-196
Author(s):  
Maksym Dubyna ◽  
Iryna Serediuk ◽  
Natalia Bilous
Keyword(s):  
Control Systems ◽  
Internal Control ◽  
Cyber Attacks ◽  
Insurance Companies ◽  
Cyber Insurance ◽  
Current Trends ◽  
Banking Institutions ◽  
Risk Insurance ◽  
Cyber Risk

Within the article, the role of cyber insurance in the development of risk management systems of banking institutions is researched, namely, the essence of this system is specified, conditions of cyber risks and their potential for threats to banking institutions are identified. Considerable attention is paid to the analysis of the consequences and actions of cyber attacks in the activities of these institutions, the essence of cyber insurance as a method of minimizing losses from such influences is studied, peculiarities of providing cyber risk insurance services by insurance companies to commercial banks are specified. In addition, current trends as for the costs of organizations to take measures to ensure their own cybersecurity and purchase of appropriate insurance products are revealed, measures to improve security of banking institutions based on improving their internal control systems and financial security are specified.

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