scholarly journals A Meta-analysis of Integrated Internal Audit Management Effectiveness towards Business Sustainability

2021 ◽  
Vol 29 (S2) ◽  
Author(s):  
Noor Aishah Hassan ◽  
Suhaiza Hanim Mohammad Zailani ◽  
Haslida Abu Hasan
Keyword(s):  
Dynamic Capabilities ◽  
Meta Analysis ◽  
Internal Audit ◽  
External Factors ◽  
Iso 14001 ◽  
Management Systems ◽  
Research Papers ◽  
Business Sustainability ◽  
Audit Management ◽  
Internal And External Factors

This paper classifies the internal and external factors that influence the effectiveness of integrated internal audit management (IIAM) and how IIAM effectiveness affects business sustainability performance. This paper presents a meta-analysis and systematic literature review of previous academic research papers. This study used a comprehensive review of literature and content analysis to obtain information using the electronic databases, specifically ProQuest, Emerald and Scopus from the year of 2003 until 2020. The paper reviewed recently published articles on the integration of at least two out of three management systems (MSs), such as ISO 9001, OHSAS 18001 and ISO 14001. The findings from the research papers are presented according to the factors and outcomes examined. Many studies undertaken on the integration audit of management systems show that there are several internal factors (human resource capability, technological capability and quality capability) and external factors (regulator, customer and supplier) that affect the effectiveness of the integrated internal audit management. It is concluded that the use of integrated management system (IMS) has a positive impact on the firm’s performance specifically on business sustainability. The findings indicated of internal and external factors, which are grounded on the identified theories (dynamic capabilities theory, stakeholder theory and contingency theory), having to consider and to understand the effectiveness and implications of integrated internal audit. Thus, based on the findings from previous research carried out and the requirement of IMS, this paper gives directions for the effective way to integrate internal audits in manufacturing firms to achieve business sustainability.

Impact of integrated audit management effectiveness on business sustainability in manufacturing firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Noor Aishah Hassan ◽  
Suhaiza Zailani ◽  
Muhammad Khalilur Rahman
Keyword(s):  
Structural Equation ◽  
Internal Audit ◽  
Emerging Economy ◽  
Manufacturing Firms ◽  
Mediating Effect ◽  
Management Effectiveness ◽  
Audit Process ◽  
Content Type ◽  
Business Sustainability ◽  
Audit Management

Purpose This study aims to investigate the effectiveness of integrated audit management and its impact on business sustainability for an emerging economy. Design/methodology/approach Drawing on the dynamic capability and contingency theory, the authors investigated the factors on integrated audit management implementation using a sample of 104 certified Malaysian manufacturing firms. The collected data has been analysed using the partial least squares through the structural equation modelling technique. Findings The findings have revealed that human resource capability, technological capability and quality capability have a robust influence on the importance of the internal audit process, which, in turn, leads to integrated audit management effectiveness towards the outcome of business sustainability. The results have also indicated the mediating effect of the internal audit process on the research model. Originality/value The contribution from the empirical findings will provide productive insights to help manufacturing firms devise an effective integrated internal audit management system to ensure business sustainability and increase competitiveness advantages for an emerging economy.

scholarly journals Factors of influence on the formation and functioning of quality management systems of enterprises in the field of engineering services

2019 ◽  
pp. 86-93
Author(s):  
Lyudmila Trachenko
Keyword(s):  
Quality Management ◽  
External Factors ◽  
Iso 9001 ◽  
Management Systems ◽  
Quality Management Systems ◽  
International Standard ◽  
Factors Of Influence ◽  
Engineering Services ◽  
Internal And External Factors

Purpose. The aim of the article is substantiation of the factors influencing the formation and functioning of quality management systems of enterprises in the field of engineering services. Methodology of research. The methods of analysis and synthesis, systematization, theoretical generalization and experimental have been used to investigate the issues of formation of quality management systems of enterprises of the field of engineering services of energy direction in the context of the requirements of ISO 9001: 2015; graphic – for visual presentation of factors that influence the formation and functioning of quality management systems of enterprises in the field of engineering. Findings. It is established that the formation and implementation of quality management systems in the context of the requirements of the international standard ISO 9001: 2015 at enterprises of the field of engineering services is an effective means of improving the quality of work (services), ensuring the competitiveness and development of companies, achievement of key business goals. It is proved that an important aspect in the formation and implementation of QMS of engineering enterprises is their integration into the company management system. The influence of internal and external factors on the formation and functioning of quality management systems of engineering enterprises as a means of reducing risks, improving the performance of companies and meeting the needs of their stakeholders is substantiated. Originality. The substantiation of the influence of internal and external factors on the formation and functioning of the QMS of engineering enterprises and on their management system has been further developed. Practical value. The analysis of the influence of internal and external factors on the formation and functioning of quality management systems in the context of requirements of the international standard ISO 9001: 2015 of enterprises in the field of engineering services makes it possible to reduce the level of uncertainty and risks in the processes of the companies' activities, to improve the quality of work (services) and to maintain competitive positions. Key words: engineering services; quality management systems; international standard ISO 9001: 2015; internal and external factors of influence.

Integrated internal audit in management system

2019 ◽  
Vol 32 (1) ◽  
pp. 110-126 ◽  
Author(s):  
Noor Aishah Hassan ◽  
Suhaiza Hanim Mohamad Zailani ◽  
Haslida Abu Hasan
Keyword(s):  
Design Methodology ◽  
Internal Audit ◽  
Manufacturing Firms ◽  
Iso 14001 ◽  
Iso 9001 ◽  
Audit Process ◽  
Content Type ◽  
Audit Management ◽  
Qualitative Research Methodology ◽  
Integration Of Management Systems

Purpose The purpose of this paper is to investigate the implementation of integrated internal audit management (IIAM) and compare the implementation of IIAM by Malaysian firms with different certifications (ISO 9001, ISO 14001 and OHSAS 18001). Design/methodology/approach This study involves three studies on the implementation of integrated internal audit processes. Furthermore, this study compares the implementation of the audit in the selected firms. The qualitative research methodology was adopted to analyse the data. Findings This study is an exploratory study and the findings indicate the differences between the implementation of the internal audit process across different firms. All the firms are highly motivated and demonstrate resource management whilst implementing the IIAM while firms experiencing the same difficulties. The study also found that all of the firms are enjoying similar benefits. Research limitations/implications The scope of this research paper is limited to three Malaysian manufacturing firms with different quality certifications: ISO 9001, ISO 14001 and OHSAS 18001. Thus, the finding cannot be generalised to all firms in Malaysia. However, the findings are significant as they present an interesting comparison between the implementation of IIAM by manufacturing firms in Malaysia. Originality/value Although the integration of management systems has been analysed many times, this study focussed on the comparison of firms’ practices of the IIAM.

scholarly journals Integrating Audit System Of AGC, ISO14001, ISO45001 to Improve Implementation of the Management Systems in Leading Heavy Equipment Companies

2021 ◽  
Vol 3 (4) ◽  
pp. 42-47
Author(s):  
Satriyo Widy Prasetyo ◽  
Gembong Baskoro ◽  
Dena Hendriana ◽  
Henry Nasution ◽  
Hanny J. Berchsman
Keyword(s):  
Management System ◽  
Occupational Safety ◽  
Internal Audit ◽  
Occupational Safety And Health ◽  
Iso 14001 ◽  
Management Systems ◽  
Audit Tool ◽  
Audit System ◽  
Heavy Equipment ◽  
Safety And Health

In running a business in a company, a management system is needed to determine every company's decision making by considering environmental protection and development, occupational safety and health. By applying AGC (occupational safety and health and environment), ISO 14001 (Environment), ISO 45001 (occupational safety and health) and other management systems. With so many management systems implemented by companies, there is a need for integration between management systems, especially during audits. With the existence of an integrated internal audit tool, it can be more effective and efficient in running a management system that is widely implemented. Duplication of work and documents can be avoided in conducting internal audits. Therefore, it is necessary to have an integrated internal audit tool for readiness to conduct an audit from external parties.

Health, Safety and Environmental Management Systems Auditing for an Integrated Oil and Gas Company in Trinidad and Tobago

2002 ◽  
Author(s):  
Priya S. Maharaj ◽  
Shyam Dyal ◽  
Kelvin Ramnath
Keyword(s):  
Trinidad And Tobago ◽  
Management System ◽  
Oil And Gas ◽  
Management Strategies ◽  
Internal Audit ◽  
Iso 14001 ◽  
Management Systems ◽  
Health Safety ◽  
Exploration And Production ◽  
Petroleum Company

The Petroleum Company of Trinidad and Tobago Limited (Petrotrin) has developed and implemented a Health, Safety and Environmental (HSE) Management Audit System of its Exploration and Production, and Refining and Marketing Strategic Business Units. The main objective of this internal company audit was to determine the missing ‘gaps’ or elements from the current HSE Management System and to recommend alternate HSE Management System elements to create a more efficient Management System. The audit checklists and results effectively listed the observations, problems, and compliance issues, as well as corrective actions for improvement in accordance with the ISO 14001 and HSE Guidelines of the Exploration and Production Forum and 29CFR 1910.119 - Process Safety Management of Highly Hazardous Chemicals, Standards as well as the Company HSE key strategic directions including: • 100% compliance with local Environmental and Safety Regulations; • Targets of zero accidents and oil spills; and • Certification HSE Management Systems, for all Company operations. Senior personnel or drivers of the management systems within the Company were interviewed using this structured approach. The results from this company wide internal audit revealed that generally the overall HSE Management Strategies have been developed, but are not fully implemented, although they are formalized in the Environmental and Occupational Health and Safety Policies of the Company. HSE is undoubtedly regarded as a priority issue within Petrotrin’s operations, however there is the need to improve the documentation of formalized HSE Management System Procedures, thereby improving the enforcement and maintenance of the management system.

scholarly journals Efektivitas Peran Audit Internal Syariah: Studi Literatur Terbatas

2021 ◽  
Vol 2 (1) ◽  
pp. 14
Author(s):  
Lukman Hakim
Keyword(s):  
Financial Institutions ◽  
Supervisory Board ◽  
Internal Audit ◽  
Governance Structure ◽  
External Factors ◽  
External Auditors ◽  
Good Corporate Governance ◽  
Islamic Financial Institutions ◽  
Internal And External Factors

The Islamic financial Institutions (IFI) governance structure required an internal shariah auditors to assist the duties of Shariah Supervisory Board (SSB). Internal audit was a key player besides SSB, External auditors and the Audit and Governance Committees (AGC). This study was to examine the effectiveness of the role of internal shariah auditors. By adopting limited literature review of indexed international journals was used in this study. The result of the study based on limited literature data sources were the effevtiveness of internal shariah audit on internal audit organizations ini the Good Corporate Governance (GCG) structure, namely the structure, requirements and processes of internal shariah audit. In addition, internal and external factors also affected the effectiveness of internal shariah audit. The Role of the AGC affected the effectiveness of internal audit. Governance and internal audit of Shariah non compliant income were important parts of risk management in IFI

scholarly journals Measuring SMEs’ Sustainability: A Literature Review and Agenda for Research

2013 ◽  
Vol 2 (12) ◽  
pp. 193-207
Author(s):  
Bulan Prabawani
Keyword(s):  
Literature Review ◽  
Environmental Impacts ◽  
Manufacturing Sector ◽  
Environmental Hazards ◽  
External Factors ◽  
Future Research ◽  
Business Sustainability ◽  
Developed Economies ◽  
Internal And External Factors

Environmental hazards can be caused by firms’ lack of awareness of social and natural concerns. Firms of all sizes can have significant environmental impacts at regional and global levels. Small and medium-sized enterprises (SMEs) form the majority of all businesses in developing and developed economies, contribute to national GDP and make significant distributions to employment, but they have fundamental problems in terms of resources and this tends to harm their business sustainability. Various methods to review business sustainability have been developed. However, researchers have not yet assessed SMEs’ sustainability levels using comprehensive measures. This is particularly problematic in the manufacturing sector because the purpose of this review of SMEs’ sustainability is the criteria that can be used to assess SMEs’ sustainability levels. These criteria include firms’ internal and external factors and stakeholders as well as present and future interests. As such this paper establishes a basis for future research.

scholarly journals Analysis of Local Government Financial Information Quality Based on Internal and External Factors

2020 ◽  
Vol 11 (2) ◽  
pp. 66
Author(s):  
I Gusti Ayu Purnamawati ◽  
Saarce Elsye Hatane
Keyword(s):  
Information System ◽  
Local Government ◽  
Financial Management ◽  
Accounting Information ◽  
Internal Audit ◽  
External Factors ◽  
Financial Information ◽  
Accounting Information System ◽  
Internal And External Factors

Abstract This study attempts to analyze the quality of local government financial information through internal and external factors. This type of research is a causative research using primary data collected through a questionnaire using a likert scale of 1-5. The location of this research is in Buleleng Regency, Bali Province. The sample of this study consisted of the head of the finance department and the accounting staff at each Regional Work Units, amounting to 45 people. The analytical method used in this research is multiple linear regression. The results showed that the competency and working experience (as internal factors), implementation of accounting information system, the role of internal audit (as external factors) had a positive and significant effect on the quality of local government financial reports However, in the future it is hoped that it can be improved through improvements and guidance in several aspects such as increasing the capacity of government officials regarding a more adequate regional financial accounting information system through improving facilities and infrastructure to support regional financial management to achieve good, transparent and accountable governance.

Menumbuhkan Jiwa, Perilaku dan Nilai Kewirausahaan Dalam Meningkatkan Kemandirian Bisnis

MBIA ◽  
2019 ◽  
Vol 17 (2) ◽  
pp. 23-32
Author(s):  
Deddy Hendarwan
Keyword(s):  
Small Businesses ◽  
Positive Influence ◽  
External Factors ◽  
Entrepreneurial Behavior ◽  
Environmental Pressures ◽  
Entrepreneurial Spirit ◽  
Internal And External Factors ◽  
And Behavior ◽  
Ownership Rights ◽  
Attitudes And Behavior

Attitudes and behaviors are the unity of a person's character which is formed by habit everyday. Entrepreneurial behavior is influenced by internal and external factors. These factors are ownership rights (property right, PR), abilities / competencies (competency / ability,), and incentives while external factors include the environment thus Attitudes and behavior can be changed by oneself and / or there are environmental pressures / influences. there is an influence from within themselves and from outside the environment to associate then grow indi attitudes and specific behaviors. It is necessary to anticipate small businesses’ difficulties by conducting an empirical study  on  the  entrepreneurial  spirit,  entrepreneurial  values,  and  assessment  of entrepreneurial behavior that may affect the realization of independence efforts. This study  aims to  analyze the  influence of  entrepreneurial spirit  and entrepreneurial values on entrepreneurial behavior to create business independence. The findings show that the entrepreneurial spirit has a direct positive influence on entrepreneurial behavior and positive indirect effect on the business independence.

Constitutionalizing Sophisticated Racism: Israel's Proposed Nationality Law

2016 ◽  
Vol 45 (3) ◽  
pp. 40-51 ◽  
Author(s):  
Amal Jamal
Keyword(s):  
External Factors ◽  
Radical Right ◽  
The Political ◽  
Nation State ◽  
Right Wing ◽  
Internal And External Factors ◽  
Nationality Law

This essay analyzes the political motivations behind the Jewish Nation-State Bill introduced in the Knesset in November 2014, shedding light on the ascendancy of the Israeli political establishment's radical right wing. It argues that there were both internal and external factors at work and that it is only by examining these thoroughly that the magnitude of the racist agenda currently being promoted can be grasped. The essay also discusses the proposed legislation's long history and the implications of this effort to constitutionalize what amounts to majoritarian despotism in present-day Israel.

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