Integrated Big Data Audit with Internal  Control Audit to Dig up the “Swindlers”  behind Social Security Funds Misappropriation

Social Services departments, created after the 1970 Local Authority Social Services Act, survived for nearly half a century. Their ability to meet the vision set out in the Seebohm Report was compromised by curtailment of expansion after the financial crisis in 1975. Their reputation was damaged by a number of widely reported child deaths in which social work was seen as passive and ineffective. Severe criticism followed when they were viewed as over active as in Cleveland and Orkney. As a result social services were seen as toxic in deprived communities. Despite winning responsibility for community care in the 1990 NHS and Community Care Act, departments suffered, first, from the requirement to spend the bulk of transferred social security funds in the independent sector and secondly from the prolonged squeeze on local government spending. The potential of care management for innovation and empowering service users was never fully realised.

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Dual Incentives and Dual Asset Building: Policy Implications of the Hutubi Rural Social Security Loan Programme in China

Journal of Social Policy ◽

10.1017/s0047279408001992 ◽

2008 ◽

Vol 37 (3) ◽

pp. 453-470 ◽

Cited By ~ 12

Author(s):

BAORONG GUO ◽

JIN HUANG ◽

MICHAEL SHERRADEN ◽

LI ZOU

Keyword(s):

Developing Countries ◽

Social Security ◽

Rural Areas ◽

Policy Innovation ◽

Policy Implications ◽

Asset Building ◽

The Poor ◽

Security Funds ◽

Policy Incentives ◽

Building Policy

AbstractThe Hutubi Rural Social Security Loan programme is a policy innovation in a rural area of China, which loans savings in social security accounts back to peasants for them to buy assets for agricultural and other development. In contrast to the nationwide recession in rural social security, this programme has shown its success in proliferating rural social security funds and retaining social security participants. With a focus on the administrative data of the loan programme, this study aims to provide an in-depth understanding of the loan programme and examine how asset building is possible for the poor when institutional incentives are offered. The findings show that when proper policy incentives are provided, poor peasants can build assets. The Hutubi programme may be a good model for other rural areas in China and other developing countries.

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The Effects of Investing Social Security Funds in the Stock Market When Fixed Costs Prevent Some Households from Holding Stocks

The American Economic Review ◽

10.1257/aer.91.1.128 ◽

2001 ◽

Vol 91 (1) ◽

pp. 128-148 ◽

Cited By ~ 44

Author(s):

Andrew B Abel

Keyword(s):

Social Security ◽

Stock Market ◽

Equilibrium Model ◽

Capital Accumulation ◽

Equity Premium ◽

Fixed Costs ◽

Lower Income ◽

Defined Contribution ◽

Per Capita ◽

Security Funds

With fixed costs of participating in the stock market, consumers with high income will participate in the stock market, but consumers with lower income will not participate. If a fully funded defined-contribution Social Security system tries to exploit the equity premium by selling a dollar of bonds per capita and buying a dollar of equity per capita, consumers who save but do not participate in the stock market will increase their consumption, thereby reducing saving and capital accumulation. Calibration of a general-equilibrium model indicates that this policy could reduce the aggregate capital stock substantially, by about 50 cents per capita. (JEL H55)

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Methodological Aspects of IT Audit As a Tool for Improving the Eff ectiveness of Internal Control

Auditor ◽

10.12737/1998-0701-2021-25-29 ◽

2021 ◽

Vol 7 (1) ◽

pp. 25-29

Author(s):

ZHanna Kyevorkova

Keyword(s):

Internal Control ◽

Information Technologies ◽

Business Processes ◽

Economic Entity ◽

Key Issues ◽

Modern Information ◽

Organizational Activities ◽

It Audit ◽

Methodological Aspects ◽

Data Audit

Th e article reveals the methodological aspects and key issues of data audit, tracked directly by programs using information technologies, the soft ware of which allows you to automate the organizational activities of an economic entity for the development of various business processes. Th e article reveals the author’s position of the practice of applying the results of IT audit and its directions at each stage of the audit, taking into account the audit procedures carried out, modern information technologies that allow internal control to work more eff ectively, analyze the functioning of IT audit, changes in the organization and develop scientifi cally based tools that allow IT audit to be rebuilt in accordance with changes in the situation in the activities of economic entities.

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