Outsourcing internal audit services : an empirical study on Queensland public-sector entities
Data(s) |
01/01/2004
|
---|---|
Resumo |
A study of Queensland public-sector entities suggests outsourcing of internal audit services to be extensive (88%), with 51% of respondent agencies adopting co-sourcing and 37% of the agencies fully outsourcing. Results suggest that internal audit outsourcing is largely adopted for non-financial reasons such as lack of technological know-how and service quality rather than financial reasons. Deficiencies of current governance arrangements concerning internal audit outsourcing include (1) a lack of audit committee involvement in outsourcing processes, particularly in co-sourcing entities, and (2) inadequate segregation of duties whereby the same senior management is involved in key arrangements including selection, approval, negotiation and evaluation of contractual performance.<br /> |
Identificador | |
Idioma(s) |
eng |
Publicador |
Wiley-Blackwell |
Relação |
http://dro.deakin.edu.au/eserv/DU:30024421/subramaniam-outsourcinginternal-2004.pdf http://dx.doi.org/10.1111/j.1835-2561.2004.tb00245.x |
Direitos |
2004, Wiley-Blackwell |
Tipo |
Journal Article |