REVIEW JORNAL

FACTORS ASSOCIATED WITH THE ADOPTION OF RISK-BASED INTENAL

AUDITING

Lecturer : Ms. Rosdiana Mata, S.S.,M.Pd

BY:
YOHAENS V.P AMEDALE
1723754655

VI A
PUBLIC SECTOR ACCOUNTING
STATE POLYTECHNIC OF KUPANG
2020/2021
 Journal Review

Title Factors Associated With The Adoption Of Risk-Based Internal

Auditing

Journal Auditing
Volume/Pages 79/20
Year 2009
Reviewer Yohanes V.P Amedale
Date 5 July 2009
Website www.emeraldinsight.com/0268-6902.htm
Purpose of the The purpose of this paper is to analyse company-specific factors
research associated with adoption of risk-based auditing. It seeks to
explore the role of internal auditing in enterprise risk
management (ERM)
Research Subject Auditing by Portuguese entities
Research Method Findings are dawn from a questionnaire survey, sent in 2006, to
all 96 chief internal auditor
Result of the Research The auditing universe (or domain of responsibility) for 56 percent
of respondents was composed of at least 20 separate auditable
organizational sub-units. Only 12 percent had an audit universe
of between 100 and 500 units. For about 40 percent of entities,
the extent of the auditing universe is determined by an
autonomous and independent strategy developed by the internal
audit planning process. About half of the respondents relied on
strategic planning processes to improve the efficiency of risk-
based approaches in internal audit planning. A total of 46 percent
of entities completed a review of their auditing universe during
the course of one year, consistent with the recommendations of
the IIA (2004). Only about 20 percent reviewed their auditing
universe over more than two years.
Theoritical of The focus of internal audit work has shifted over the last decade
Framework from systems-based auditing to process-based auditing to risk-
based auditing (IIA – UK and Ireland, 2003). Internal auditors
have responded strongly to management concerns about business
risks (Selim and McNamee, 1999, p. 159). The work of internal
auditors has shifted from being control-driven to being business
risk-driven. Lindow and Race (2002) noted that internal auditors
should play a key role in monitoring a company’s risk profile.
Translate the Abstract Abstrak
Tujuan Tujuan audit berbasis risiko khusus perusahaan. Ini
berusaha untuk mengeksplorasi peran audit internal dalam
manajemen enterpriserisk (ERM).Temuan diambil dari survei
kuesioner, dikirim pada tahun 2006, ke semua 96 kepala auditor
internal yang merupakan anggota Instituteof Portugal Internal
Auxditors.Dalam merencanakan jadwal audit tahunan, penerapan
pendekatan berbasis risiko secara statistik signifikan di perusahaan
internasional (A0,05) dan perusahaan yang terdaftar di pasar
saham Portugis (p <0,10). Ada hubungan yang kuat (tetapi tidak
signifikan) antara perencanaan audit tahunan berbasis risiko dan
entitas yang bersifat pribadi, di sektor keuangan, dan besar.
Dalam perencanaan setiap perikatan audit, penerapan pendekatan
 berbasis risiko berkorelasi positif dengan ukuran entitas. Audit
internal lebih proaktif daripada penerapan ERM dalam arganisasi
yang lebih kecil, dan lebih penting dalam industri keuangan dan
sektor swasta. Pemahaman yang lebih baik muncul dari faktor-
faktor yang terkait dengan adopsi audit berbasis risiko, bersama
dengan apresiasi yang ditingkatkan terhadap peran audit internal
dalam ERM. Makalah ini mengungkapkan karakteristik spesifik
perusahaan yang terkait dengan penerapan pendekatan berbasis
risiko dalam proses audit internal. Ini adalah makalah pertama
yang diterbitkan tentang audit internal berbasis risiko di Portugal

Vocabularies

1. Enterprise : Perusahaan
2. Engagement : Keterikatan
3. Enhanced : Ditingkatkan
4. Apperiation : Apresiasi
5. Steadily : Stabil
6. Private sector : Sektor Swasta
7. Contributor : Penyumbang
8. Develop : Mengembangkan
9. Guidance : Bimbingan
10. Safeguard assets : Aset perlindungan
11. Outlining : Menguraikan
12. Confined : Terbatas
13. Proportion : Proporsi
14. Firms : Perusahaan
15. Inherent risk : Risiko yang melekat
16. Chief risk officer : Kepala petugas risiko
17. Indeqyate : Tidak memadai
18. Established : Mapan
19. Implementing risk : Menerapkan risiko
20. Evolving : Berkembang