Coordination challenges in implementing the three lines of defense model. Issue 1 (17th September 2020)
- Record Type:
- Journal Article
- Title:
- Coordination challenges in implementing the three lines of defense model. Issue 1 (17th September 2020)
- Main Title:
- Coordination challenges in implementing the three lines of defense model
- Authors:
- Bantleon, Ulrich
d'Arcy, Anne
Eulerich, Marc
Hucke, Anja
Pedell, Burkhard
Ratzinger‐Sakel, Nicole V.S. - Abstract:
- Abstract : The three lines of defense model (TLoD) aims to provide a simple and effective way to improve coordination and enhance communications on risk management and control by clarifying the essential roles and duties of different governance functions. Without effective coordination of these governance functions, work can be duplicated or key risks may be missed or misjudged. To address these challenges, professional standards recommend that the chief audit executive (CAE) coordinates activities with other internal and external governance stakeholders (assurance providers). We consider survey responses from 415 CAEs from Austria, Germany, and Switzerland to analyze determinants that help to implement the TLoD without any challenges and to explore the extent of (coordination) challenges between the internal audit function and the respective governance stakeholders. Our results show a great variance in the extent of coordination challenges dependent on different determinants and the respective governance stakeholder.
- Is Part Of:
- International journal of auditing. Volume 25:Issue 1(2021)
- Journal:
- International journal of auditing
- Issue:
- Volume 25:Issue 1(2021)
- Issue Display:
- Volume 25, Issue 1 (2021)
- Year:
- 2021
- Volume:
- 25
- Issue:
- 1
- Issue Sort Value:
- 2021-0025-0001-0000
- Page Start:
- 59
- Page End:
- 74
- Publication Date:
- 2020-09-17
- Subjects:
- Chief Audit Executive -- Combined Assurance -- Governance Framework -- Internal Auditing Function -- Internal Auditor -- Three Lines of Defense Model
Auditing -- Periodicals
647.45 - Journal URLs:
- http://www.interscience.wiley.com/jpages/1090-6738/ ↗
http://www3.interscience.wiley.com/cgi-bin/jtoc?ID=6204 ↗
http://onlinelibrary.wiley.com/ ↗ - DOI:
- 10.1111/ijau.12201 ↗
- Languages:
- English
- ISSNs:
- 1090-6738
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4542.120000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 15734.xml