Governance process improvement and development by audit consolitation
The necessity of governance process improvement for reaching strategic objectives represents a condition in the given macroeconomic context for society’s development reforms continuation. Starting from the legal framework ruling audit activities and from the role of specialized structures within the...
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Format: | Article |
Language: | English |
Published: |
General Association of Economists from Romania
2015-06-01
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Series: | Theoretical and Applied Economics |
Subjects: | |
Online Access: |
http://store.ectap.ro/articole/1096.pdf
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Summary: | The necessity of governance process improvement for reaching strategic
objectives represents a condition in the given macroeconomic context for society’s
development reforms continuation. Starting from the legal framework ruling audit activities
and from the role of specialized structures within the Ministry of Finance whose purpose is
“the carrying out of audit missions of national interest with multi-sectorial implications”,
one can easily observe the permanent preoccupation for increasing and improving the
quality of audit activities, fact which is also demonstrated and enforced by literature.
The paper analyses using a holistic approach the audit system and its importance for the
management accountability in organizations, especially of public ones. The analysis
supports administration process optimization and contributes to the consolidation of
(internal) audit activities within organizations.
The used research method is participative observation. This qualitative approach has a
major role, by allowing the description and analysis of (internal) audit activities and the
consolidation of its importance in the sustainable development of both the economy as well
as the public administration by continuous improvement of governance processes.
The results of the research will generate a set of conclusions about the importance of audit
activities for the governance processes. Also, some propositions will be made, which help
public audit fulfil the requirements of the Public Finance Ministry, and improve the
governance and management of public entities. |
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ISSN: | 1841-8678 1844-0029 |