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dc.contributor.author Farkas, Maia J.
dc.contributor.author Hirsch, Rina M.
dc.date.accessioned 2019-09-05T18:39:06Z
dc.date.available 2019-09-05T18:39:06Z
dc.date.issued 2016
dc.identifier.citation Maia J. Farkas and Rina M. Hirsch (2016) The Effect of Frequency and Automation of Internal Control Testing on External Auditor Reliance on the Internal Audit Function. Journal of Information Systems: Spring 2016, Vol. 30, No. 1, pp. 21-40. https://doi.org/10.2308/isys-51266 en_US
dc.identifier.issn 0888-7985
dc.identifier.uri http://hdl.handle.net/10211.3/213167
dc.description.abstract Failure of the internal audit function (IAF) to detect a significant deficiency in internal controls is a significant shortcoming in the IAF's work performance. This shortcoming in the IAF's work performance reduces external auditors' willingness to rely on the IAF's work. Using a two-stage experiment, we investigate how the implementation of three different internal control testing remediation strategies (akin to CCM, ACL, and periodic manual testing), which vary in their automation and frequency, affect external auditors' perceptions of IAF strength and planned reliance on the IAF's work. We find that automated remediation strategies fully remediate external auditors' perceptions of poor IAF work performance and low degree of reliance on the IAF, whereas manual remediation strategies result in only partial remediation. Counterintuitively, less frequent remediation strategies are more effective at improving perceptions of poor IAF work performance and low levels of reliance on the IAF, relative to continuous remediation strategies. https://doi.org/10.2308/isys-51266 en_US
dc.description.sponsorship Accounting en_US
dc.language.iso en_US en_US
dc.publisher Journal of Information Systems en_US
dc.relation.uri https://doi.org/10.2308/isys-51266 en_US
dc.rights American Accounting Association en_US
dc.subject automation en_US
dc.subject Frequent internal control testing en_US
dc.subject Continuous controls monitoring en_US
dc.subject ACL en_US
dc.subject Periodic auditing en_US
dc.subject External auditor en_US
dc.subject Internal auditor en_US
dc.subject Reliance en_US
dc.title The Effect of Frequency and Automation of Internal Control Testing on External Auditor Reliance on the Internal Audit Function en_US
dc.type Abstract en_US


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