The existing audit risk model does not take business risk into account. The aims of this study are, firstly, to do research on the necessity of taking business risk into account in the audit risk model, and secondly, to indicate the influence of business risk on the audit risk model and on the scope of an audit. In this study, both audit and business risks were researched and it was determined that the existing audit risk model only considers the probabilities that auditors can give incorrect opinions. This study proposes a method whereby an auditor can consider both his own business risk and that ofhis client in determining an audit risk that is acceptable to him and in determining the scope ofhis audit. In addition to the probabilities of incorrect decisions by auditors the consequences thereof are also considered, thus limiting the auditor's engagement risk. / Die huidige ouditrisikomodel neem nie besigheidrisiko in ag nie. Die doel van hierdie studie is eerstens, om die noodsaaklikheid van die inagnerning van besigheidsrisiko in die ouditrisikomodel te ondersoek en tweedens, om die invloed van besigheidsrisiko op die ouditrisikomodel en op die omvang van 'n oudit aan te dui. In hierdie studie is literatuur oor ouditrisiko en besigheidsrisiko ondersoek waaruit aan die lig kom dat die huidige ouditrisikomodel net die waarskynlikhede in ag neem dat ouditeurs foutiewe menings kan uitspreek. Gevolglik stel die studie 'n metode voor waardeur 'n ouditeur beide sy eie besigheidsrisiko asook die van sy klient in ag kan neem tydens die bepaling van 'n ouditrisiko wat vir hom aanvaarbaar is en tydens die vasstelling van die omvang van sy oudit. Daardeur word nie alleen die waarskynlikhede nie, maar ook die gevolge van foutiewe besluitnemings deur ouditeurs oorweeg en 'n ouditeur se aanstellingsrisiko sodoende beperk. / Auditing / MCom (Ouditkunde)

This thesis describes the International Standards on Auditing (ISA) and the Vietnamese national Standards on Auditing (VSA), their genesis and current situation. The thesis presents a development of the audit in Vietnam, it's present situation and expected progress. The research refers to a survey. The aim of this survey was finding out the opinions and attitudes of Vietnamese's auditors to ISA and VSA.

The goal of my thesis "Audit of a bank" is to identify and describe the area of external and internal audit in banking and to focus on specifics of bank audit in comparison to external audit of commercial enterprise. The first part is focused on audit of financial statements. In the second part are described the specifics of banking segment. Third part describes internal audit and cooperation between external and internal audit. In the last part there are described methods applied during the audit of the bank.

The purpose of this study was to indentify collective skills and background that audit committee members must have in order to be effective. In addition, the study examined the extent of prevalence of each skill indentified, which can then be deduced into model to work out the right combination of audit members according to qualifications, experience and skills that they posses. The model can thus be used in selecting candidates to serve in audit committees. Two categories of samples selected from a list of the top 100 companies for 2008 to 2010 and a combined list of the bottom 20 companies for the 2005 to 2009 and the bottom 20 companies for 2010, compiled by Inet Bridge and published by Business Times, were used in the study. Profiles of audit committee members of companies selected in the samples, which were published in the annual reports of the respective companies in which they were serving as audit committee members were consolidated with those published on Bloomberg Business week website, http:investing.businessweek.com/research /stocks/people/ person, and thereafter summarized. The profiles indicated qualifications, professional background, business management experience and a list of companies that each member was serving or had served as a member of board of directors. Skills categories adopted in Audit Committee Institute (2006) were used in analysing expertise, experience and background of audit committee members, namely financial, business management, corporate director, legal and industry specific background. The variables were statistically tested using t-test and chi-square. The results of the study revealed that finance, corporate director and business management were necessary for an audit committee to function effectively. The study further found that legal and industry specific background were least considered skills in the composition of audit committees. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted

The master thesis deals with proving benefits of the use of data analysis within internal audit on the example of a concrete audit of procurement cards of company Zebra Technologies. In theoretical part are described the basic theoretical starting points concerning the internal audit methodology. The practical part includes a description of the selected analysis executed during the examined audit.

The faith in financial reporting quality and the corresponding auditing process has suffered a lot within the last decade, due to significant accounting scandals (e.g. Enron, WorldCom, Parmalat, etc.). As an answer to these accounting scandals, the law-makers in Germany and the European Union, respectively, have strengthened audit regulations in order to improve the quality of the conducted audits. The aim of this cumulative dissertation is to provide empirical evidence on the effects of intended and already implemented regulative audit requirements in Germany. ln order to consider the wide range of different audit requirements, the dissertation is based on four different study manuscripts, highlighting various perspectives with regard to the appointment, duration, and remuneration of a statutory auditor in the German audit environment. Besides the empirical evidence for separate auditing issues, this dissertation is also aimed to provide a solid theoretical background and critical suggestions for future research.:I. Audit services, non-audit services, and audit firm tenure – three perspectives on audit quality … 1 II. Abnormal audit fees and audit quality in German audit market: initial evidence on association of audit fee premiums and audit fee discounts with earnings management … 13 III. Effects of initial audit fee discounts on audit quality: evidence from Germany … 32 IV. Non-audit services and audit quality: blessing or curse? … 60 V. Relationship of auditor tenure to audit quality: empirical evidence from the German audit market … 89

This study attempted to discover the role of internal auditors in the professional development of audit committee members, leading to enhanced performance, through the provision of induction programmes and professional development opportunities to committee members, with due regard for the principles of good governance and international best practices. A secondary aim of this study was to propose methods to improve the relationship between the internal audit activity and audit committees in providing additional support to its members. The audit committee's needs and requirements were assessed by using the audit committee charter as the basis in identifying the responsibilities of the committee and the professional development needs of committee members in an organisation. It was found that a framework for the induction and professional development of audit committee members would be most useful to internal auditors to assist audit committees to meet their requirements and improve their performance. / Auditing / M. Com.

This study attempted to discover the role of internal auditors in the professional development of audit committee members, leading to enhanced performance, through the provision of induction programmes and professional development opportunities to committee members, with due regard for the principles of good governance and international best practices. A secondary aim of this study was to propose methods to improve the relationship between the internal audit activity and audit committees in providing additional support to its members. The audit committee's needs and requirements were assessed by using the audit committee charter as the basis in identifying the responsibilities of the committee and the professional development needs of committee members in an organisation. It was found that a framework for the induction and professional development of audit committee members would be most useful to internal auditors to assist audit committees to meet their requirements and improve their performance. / Auditing / M. Com.

The job of an auditor has still been quite a new one in the Czech Republic. It is connected with the transformation of our economy in the late 80s and early 90s. Despite its relatively short history the job's importance is going up. Just the external audit itself can lower the information inequality between the owner and the manager. Internal audit, on the other side, is a means of precaution how to prevent problems or solve them already before their coming into existence. My diploma work aimed at deeper insight into the problems of an auditor's job.

Main task, in this graduation theses, was summary of internal audit activity content, pointing out advantages of establishing of internal audit section and identification pretensions concerning internal audit section workers. Other task was elaboration of internal audit in company ČEZ, a. s. There were used auditing procedures used during internal audit in this company. All the tasks aforesaid were solved in theoretic level at first. My tendency was in detail dissect current modern internal audit conception, especially various points of view of internal audit. Practical part of this graduation theses was related to internal audit of waste management and their using like secondary raw material in ČEZ, a. s. The target was show at standard example preparation, completion, finalization and evaluation of finding of internal audit facts in company ČEZ, a. s. Firstly I elaborated internal audit submission, where were specified the character of audit, targets, termination date, audit team and thematic schedule. Thereinafter is presented decisions, disagreements, weak points and deficiencies summary. Disagreements are generalized and presented in the form of system deficiency. Following the specific statements processed in process of internal audit on the basis of demands and targets presented in the internal audit submission.