This book examines key methodological and organizational questions with regard to assessing the quality of internal audits. By studying the status quo of these audits in the public sector, including municipalities, it identifies relevant weaknesses, loopholes and issues. In addition, the book assesses the strengths and weaknesses of the approved control system to explain the reasons why, and conditions under which, internal audits are ineffective, and proposes new metric and non-metric indicators to improve the quality of internal auditing. Given its scope, the book offers a valuable guide for anyone responsible for financial controls and internal audits, and will appeal to students and financial practitioners alike.
The main thesis of the monographic work is that the principles of control determine the methodological foundations of financial control and are a means of improving the quality of control impact"--
This book examines key methodological and organizational questions with regard to assessing the quality of internal audits. By studying the status quo of these audits in the public sector, including municipalities, it identifies relevant weaknesses, loopholes and issues. In addition, the book assesses the strengths and weaknesses of the approved control system to explain the reasons why, and conditions under which, internal audits are ineffective, and proposes new metric and non-metric indicators to improve the quality of internal auditing. Given its scope, the book offers a valuable guide for anyone responsible for financial controls and internal audits, and will appeal to students and financial practitioners alike.
Principles of Financial Control in the Public Sector delves into the compliance and implementation of control principles by control institutions in the public sector. The book uses examples from control practice to highlight the problems and weaknesses of financial control bodies resulting from their irregular action and influence. The Public Financial Inspection Agency (PFIA) in Bulgaria serves as a case study and proposes a methodology for ensuring the quality implementation of financial control principles during inspections. The book presents current issues in the field of financial control, which are of interest to a wide range of readers. The book's research methodology covers the stages for implementation of financial control principles and their application in the control technology and process. The empirical part of the book uses information from 2,450 reports on financial inspections by PFIA from 2007 to 2011, annual reports on the activity of PFIA from 2007 to 2011 and 2019 to 2022, and research results by various NGOs in the field of financial control, such as the Center for Study of Democracy and the Association for Combating Economic Fraud. It is suitable for students, practitioners, senior officials, academics, auditors, accountants, financiers, and business owners who have continuous contact with state offices and administration.
Academic scholars face the challenge of addressing compliance with labor legislation in an ever-changing landscape. Technological advancements, such as digitalization and the widespread use of artificial intelligence, introduce complexities that necessitate new approaches to protecting workers' rights. Additionally, the emergence of non-standard employment arrangements has disrupted traditional concepts and standards. Legal and Economic Aspects of State Control Over Compliance With Labor Legislation serves as the essential solution for academic scholars seeking to navigate these challenges. By integrating legal and economic perspectives, this groundbreaking monograph fills a crucial gap in existing literature by providing a comprehensive study that bridges theory and practice in the field of labor law compliance control. Covering a wide range of topics, this book equips scholars with the necessary tools to effectively address labor law compliance. It delves into the legal aspects of state control, examines the evolution of the legal framework, and scrutinizes the administrative mechanisms involved in ensuring compliance. Additionally, the book explores the economic implications of labor law compliance monitoring, with a particular focus on the challenges presented by non-standard employment arrangements. Through empirical research and analysis, Legal and Economic Aspects of State Control Over Compliance With Labor Legislation offers valuable insights into the intersection of legal and economic dimensions, enabling scholars to develop innovative approaches that protect workers' rights in the dynamic and evolving landscape of labor relations.
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