A Study of the Informal Interactions between Audit Committees and Internal Auditors in Australia. Issue 4 (December 2013)

• Record Type: Journal Article
• Authors: Sarens, Gerrit; Christopher, Joe; Zaman, Mahbub
• Is Part Of: Australian accounting review. Volume 23:Issue 4(2013:Dec.)
• Page Start: 307
• Page End: 329
• Publication Date: 2013-12
• Subjects: Accounting -- Australia -- Periodicals; Accounting -- Standards -- Australia -- Periodicals; Accounting -- Periodicals; Managerial accounting -- Periodicals; Corporations -- Finance -- Periodicals; 657.0994
• DOI: 10.1111/auar.12024
• Languages: English
• ISSNs: 1035-6908

Abstract

<abstract abstract-type="main"> <title> <x xml:space="preserve">Abstract</x> </title> <p>This paper finds evidence for the growing importance of informal interactions between the internal audit function and the audit committee (AC) in Australia – a relatively unexplored topic in the literature – using a survey of Chief Audit Executives (CAEs). It also describes the nature of these informal interactions. The most innovative elements of this paper are the findings that certain personal characteristics of CAEs, the specific knowledge and expertise of the AC chair, as well as some of the AC chair's personal characteristics are associated with the existence (and increase) of informal interactions.</p> </abstract>