2005 Fiscal Year Final Research Report Summary
Research on the Audit Network Supporting Corporate Governance
| Project/Area Number |
15530294
|
|---|
| Research Category |
Grant-in-Aid for Scientific Research (C)
|
| Allocation Type | Single-year Grants |
|---|
| Section | 一般 |
|---|
| Research Field |
Accounting
|
|---|
| Research Institution | HOKKAIDO UNIVERSITY |
|---|
Principal Investigator |
KANIE Akira Hokkaido Univ., Grad.School of Econ., Prof., 大学院・経済学研究科, 教授 (40214449)
|
|---|
| Project Period (FY) |
2003 – 2005
|
| Keywords | audit network / corporate governance / internal audit / external audit / audit committee / internal control |
|---|
| Research Abstract |
Some accounting frauds by public companies aroused suspicion about the effectiveness of the internal control of Japanese public companies. Effective internal control is a key function of effective corporate governance. To keep corporate governance and internal control effective, the internal audit should assume an important role as a monitoring function. This research concluded that the audit network that is composed by three types of audit (internal audit, CPA audit and corporate auditor audit or audit committee audit) should be constructed by putting the internal audit at the center.
|
