Sales: Sales: Support: Support:
Academic writing services  
 
Custom written essay Book report Research paper Dissertation Resume and CV Editing and proofreading  
main menu
discounts
discounts
By ordering custom paper you get
  • 24/7 Support
  • Over 100 professional US Writers
  • 300 words per page
  • Flexible discount system
  • FREE revision (within 2 days)
  • Anti-Plagiarism Software Check
we accept
sample essays
Accounting Essays
Admission Essays
Analysis Essays
Art Essays
Biography Essays
Biology Essays
Book Review Essays
Business Essays
Case Studies Essays
Cause and Effect Essays
Character Analysis Essays
Communication Essays
Communication and Media Essays
Compute Technologies Essays
Consideration Essays
Controversial Essays
Description Essays
Economics Essays
Education Essays
Evaluation Essays
Explanation Essays
History Essays
Job Essays
Law Essays
Management Essays
Medicine Essays
Music Essays
Personal Essays
Personal Experience Essays
Persuasive Essays
Persuasive Speech Essays
Philosophy Essays
Political science Essays
Politics Essays
Proposal Essays
Psychology Essays
Reflective Essays
Religion Essays
Research Essays
Response Essays
School Essays
Science Essays
Sociology Essays
Technology Essays
World Literature Essays
Governance and Auditing essay
 
← Language LearningGood Corporate Governance →

Governance and Auditing. Custom Governance and Auditing Essay Writing Service || Governance and Auditing Essay samples, help

This study examines the correlation between corporate governance and internal auditing. The study also examines the value of internal auditing to an organization and if it should be done away with. It is a hypothesis in the study that internal auditing is an independent profession different from external audit. Evidence shows that internal auditing has in the recent past assumed the status of a full-fledged profession that is very distinct from external auditing. Next, we find that auditors charge high fees (our proxy for audit risk) because of the nature of the contemporary environment in which businesses exist. Extension of auditor’s liability as a factor has contributed to charging high audit fees. Taken together, evidence indicates that internal auditing should not be done away with, as it is indispensable in corporate governance.

Corporate governance refers to the way an organization is controlled and operated. It designates a process whereby shareholders and suppliers of funds assure themselves of efficient utilization of their resources, security of their funds and a return on their investment. It is usually spearheaded by the management of an organization, board of directors of a company, which act on behalf of its shareholders. This creates the agency theory. Companies participate in corporate governance because of the concept of equity in treatment of all the shareholders, taking care of third parties’ interest in the firm, integrity of the management team and disclosure of relevant information to the public to enable them to make informed decisions.

According to Abdel-Khalik, A. R., and I. Solomon, eds (1998: 45) corporate governance leads to the agency problem between the shareholders and management of the company. This includes an internal act committed by one or more persons to misrepresent the financial statement of the company with intent of misleading, and thus resulting in fraud. The fraud can take the form of misappropriation of assets, alteration of records and documents, misappropriation of accounting polices, creative accounting, suppression of the effects of a transaction from the books and engaging in money laundering.

Fraud within an organization can be detected by the implementation of adequate accounting and operation systems. In order to achieve efficient corporate governance, the company should have a board of directors who are appointed by the company’s shareholders during the annual general meeting, the auditors should also be appointed competitively, and the company should have a non-executive committee which would be able to look into the activities of the company in a more detached manner from the management and the main board (Ira. H. Jolles 2002).

Governance and Auditing. Custom Governance and Auditing Essay Writing Service || Governance and Auditing Essay samples, help

Order Now
Order nowhesitating

Related essays

  1. Good Corporate Governance
  2. Charging High Fees
  3. Language Learning
  4. Kolb Learning Theory


order now

 
 
3.6K
1.2K
Order now
Email
Password
 
why choose us
96% of satisfied returning customers
24/7 customer support
A wide range of services
Up-to-date sources
100% privacy guaranteed
MA/PhD writers
Custom written papers only
Free plagiarism report
Free revision (within 2 days)
Free extras by your request
Direct communication with a writer
faq
Are your writers qualified for the custom writing?
How quick can my order be accomplished?
Is it legal to buy custom essays, term papers or book reports from your company?
Are essays offered by your company truly custom-written?
Is it safe to buy from SupremeEssays.com?
How secure is the payment system of your company?
Can I submit custom essays or term papers done by your company as my own?
How can I contact your company if I've got problems with my ordered paper?
testimonials

Finally, I've found the real custom writing service . My grades are saying "Thank you, it's been a pleasure to work with you."

Jamal, South Africa

I can't believe you finished my essay under such a short deadline! You saved me from a disaster once again. You guys deliver exactly what you promise. I'll be back. That's for sure!

William H , Kansas, US

contact us
Toll free for US & Canada only. International callers are charged for outgoing calls.

Our phone numbers:
SupremeEssays.com provides custom term paper writing/rewriting services inclusive of research material for assistance purposes only. The term papers should be used with proper reference and are not meant to replace actual assignments.
 

Get 15% off your first custom essay order

Order now

PRICES
from $12.99/PAGE

X