[雙語翻譯]內(nèi)部審計外文翻譯--當(dāng)代內(nèi)部審計方法

1、3300 英文單詞， 英文單詞，2 萬英文字符，中文 萬英文字符，中文 5800 字文獻出處： 文獻出處：Caratas M A , Spatariu E C . Contemporary Approaches in Internal Audit[J]. Procedia Economics and Finance, 2014, 15:530-537.Contemporary Approaches in Internal AuditMa

2、ria Alina Caratas, Elena Cerasela SpatariuAbstractThe object of this paper is to present the role of internal audit in the contemporary life of a company. Internal audit function plays a major role in the enterprise, car

3、rying on control in financial field and all others settled by management, safeguarding the corporate assets and ensuring the security of accurate records. Between internal audit and the prosperity of a company, there is

4、a strong link which leads to increase the value of the company and achieve its objectives. The relevance of internal audit reporting is given also by adapting its function to the changing expectations and its alignment t

5、o fraud prevention policies, aside with risk evaluation and improvement of control strategies.Keywords: internal audit, internal control, risk management, corporate governance codes:1. IntroductionNowadays, internal audi

6、tors are operating in a very difficult time, facing a number of serious changes. In such circumstances, they try to evaluate and improve the effectiveness of risk management, control and governance processes. In order to

7、 understand new systems and processes created as a result of changing regulations internal auditors should reconsider their position within the organizations. “Internal audit can play a role in determining whether the li

8、ving will plans developed by the organization are reasonable and supported by appropriate documentation, that the right people are involved and that the risks and controls are identified and addressed” KPMG, 2011. Regula

9、tors all over the world have recently highlighted the growing importance of internal audit in supporting managers and others within companies to ensure the integrity and reliability of financial reporting. Risks, in one

10、form or another, have been around and within companies for decades. However, at present, we are witnessing an increased risk environment. Therefore, internal audit should anticipate risks and identify trends in control f

11、ield.The objective of this paper is to examine the role of internal audit in the contemporary life of organizations which are facing a lot of challenges. Internal auditing plays a vital role within companies, contributin

12、g to their prosperity and future success. The motivation for this research paper stems for the importance of adapting internal audit functions to the newest expectations of stakeholders. We agree with Hermanson et al., 2

13、003 who consider that an effective modern internal audit function consists in: making appropriate assurances regarding controls, evaluating independently accounting practices and processes, measuring and analyzing risks,

14、 preventing fraud.2. Research methodologyOur research demarche incorporates results of previous academic papers and issues regarding current regulations into a comprehensive analysis of contemporary internal audit approa

15、ches aiming to build an effective internal audit function adapted to newest expectations. First of all, we appeal to a series of deductive and inductive research mechanisms for determining the internal audit, internal co

16、ntrol and corporate governance concepts. Then we realize a comparative analysis of the extents to which the UK Corporate Governance Code and that of Bucharest Stock Exchange Current status Future statusRole Independent a

17、ssurance functionsIndependent assurance functions Management advisorIA modelsControl assurance supported by risk- based IA planRisk-centered: assurance of risk management process effectiveness in addition to control assu

18、ranceSkills “Traditional” skillsExtended skills: IT, business models, data mining and analysis, social responsibilityMethodologyDetailed methodologies Annual plan and five years planPrinciples-based approachFlexibility a

19、nd sufficient unallocated time to address developing issuesPerception inside the companyControl and assurance function Service providerAs we have just shown, internal audit must change. By adapting its functions to curre

20、nt challenges, internal audit will arrive to increase corporate governance as a whole. “All weaknesses internal auditors are signaling as well as their recommendations aiming at improving processes and strengthening cont

21、rols will ensure the objectives achievement, cost reductions, use of opportunities and in this respect will deliver value for the organization” Stanciu, 2012. In an optimal model of corporate governance, as it has been p

22、roposed by Lepadatu, 2011, the key characteristics of internal audit are auditors’ independence and objectivity which have an important impact on internal control effectiveness. In order to demonstrate the importance of

23、internal audit functions for corporate governance we started our research work by the premise sustained by Radu, 2012 in a very recent study according to which “an effective internal audit function is supposed to assist

24、management to fulfill its governance responsibilities”.In such circumstances, internal control needs also new perspectives. In fact, it represents a process developed by an entity’s board of directors, management and oth

25、er personnel, designed to provide reasonable assurance regarding the achievement of company’s objectives. The management is required to disclose significant internal control deficiencies. At another level, internal audit

26、ors are required to provide objective, relevant and reliable opinions on management’s assessment. However, most of internal control weaknesses are related to financial statements and procedures. As COSO states, internal

27、control is defined in terms of achieving the effectiveness and efficiency of operations, reliability of financial reporting and compliance with applicable laws and regulations. Thus, internal control and internal audit s

28、hould find the adequate paths in order to support corporate governance and to prevent risk and fraud.4. Internal audit seen by corporate governance codes – A comparative analysisIn the European area, the member states ha

29、ve established their own corporate governance frameworks for the listed companies including governance codes. In order to increase the importance of audit function in ensuring the financial stability, the European Commis

30、sion issued a report (2010) highlighting the main problems needing reviewing and improvement in terms of audit, in the context of a good corporate governance. We notice at present the need for increasing the role of inte

31、rnal audit in the practice of corporate governance, which is mainly due to internal audit’s strategic position: it is located at the confluence of management, boards and other relevant stakeholders’ interests. Therefore,