Naslov
The Relation of Risk Management and Internal Audit Function: The Case of Croatia

Autori
Pokrovac, Ivana ; Tušek, Boris ; Oluić, Ana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
5th International Conference ; An Enterprise Odysses: From Crisis to Prosperity- Challenges for Government and Business / Galetić, Lovorka ; Spremić, Mario ; Ivanov, Marijana - Opatija : Ekonomski fakultet Sveučilišta u Zagrebu, 2010

ISBN
978-953-6025

Skup
5th International Conference ; An Enterprise Odysses: From Crisis to Prosperity- Challenges for Government and Business

Mjesto i datum
Opatija, Hrvatska, 26.05.2010. - 29.05.2010

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
internal auditing; internal audit process; risk management

Sažetak
Along with the development of companies and business environments the role of internal audit function in the organization has also evolved. In that context, in the last several years the audit literature and practice has pointed out the importance of risk-based approach in internal audit. The main focus of this paper is to determine significance of the internal audit function for the risk management process, and also the implications of the internal audit engagement in the risk management process for the internal audit process model. The following objective is to examine the pre-existing condition of internal audit involvement in the risk management of the Croatian companies with the use of survey method. The results of the conducted survey confirmed that the internal audits involvement in the risk management processes greatly contributes to the quality of the risk management process. It has also been confirmed that the internal audits active involvement in the risk management process has a significant impact on its own quality enhancement that is on the enhancement of the efficiency and the effectiveness of its own professional engagement.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA