Author: Dr. Nazar Flayih Hassan
Employ Frameworks and Modern Standards in Evaluating Internal Control System
In light of today’s business world, who faces challenges and intense competition as a result of the rapid evolution of technical and informational, organizations had to respond to variables through the adoption of modern management techniques that reduce the effects of risks and activating the role of the internal control system in order to contribute to the early detection of risks and reduce the negative results expected .The research is to address the problem faced by organizations which still follow the traditional methods in the control activities, and the lack of knowledge of the management and their staff of the importance of the existence of risk management and internal control system takes into account these risks, and the limiting of work of the internal auditors to detect irregularities, fraud, and routine control for operational activity . While that requires a mechanisms to activate the role of the internal control system to face the challenges through the internal auditors to give assurance on risk management processes, risk assessment being properly done, and evaluate the risk management processes. The research aims to establish a proposed framework for of internal control system according to the concept of enterprise risk management (ERM) with the recruitment of international ISO standards for the risk management in this context and proposed mechanism to evaluate the internal control system by the internal audit department DOI : https://jpgiafs.uobaghdad.edu.iq/index.php/JAFS/article/view/266
Control of operational responsibility centers
Through the research carried out, the construction and unification of evaluation and control models of the operations carried out in the hotel industry has been proceeded. for this, the analysis of the efficiency and effectiveness ratios of each chosen responsibility center has been used, for each hotel, comparing the achievements of two hotels; and the “STEPWISE” statistical method. Although the analysis by accounting ratios is an important means for control, since they are indicators that serve for inspection, by them they do not represent a sufficient means to achieve the complete and current objective of the control function, but they can also be used as input of another function of the analysis that helps to discover the factors determining the efficiency and effectiveness of the performance. DOI : https://dialnet.unirioja.es/servlet/tesis?codigo=168955
Employ Frameworks and Modern Standards in Evaluating Internal Control System Applied Research in the General Company for Vegetable Oil Industry
In light of today’s business world, who faces challenges and intense competition as a result of the rapid evolution of technical and informational, organizations had to respond to variables through the adoption of modern management techniques that reduce the effects of risks and activating the role of the internal control system in order to contribute to the early detection of risks and reduce the negative results expected .The research is to address the problem faced by organizations which still follow the traditional methods in the control activities, and the lack of knowledge of the management and their staff of the importance of the existence of risk management and internal control system takes into account these risks, and the limiting of work of the internal auditors to detect irregularities, fraud, and routine control for operational activity . While that requires a mechanisms to activate the role of the internal control system to face the challenges through the internal auditors to give assurance on risk management processes, risk assessment being properly done, and evaluate the risk management processes. The research aims to establish a proposed framework for of internal control system according to the concept of enterprise risk management (ERM) with the recruitment of international ISO standards for the risk management in this context and proposed mechanism to evaluate the internal control system by the internal audit department. DOI : https://www.iasj.net/iasj/article/121970