瑞典中小企業(yè)內(nèi)部控制研究外文翻譯-其他專業(yè)-文庫(kù)吧資料
2025-01-27 03:26本頁(yè)面
【正文】 in their control systems or achieve similar levels of reliability across 6 divisions in various countries need to implement control systems that are patible with cultural values. Specifically, the results suggest that pared to India and Malaysia, whistle blowing as an internal control mechanism is likely to be more effective in Australia (Chavan amp。 and in so doing to target the research question. No one in the anization is exempted from a responsibility for internal control. All employees, with varying degrees, are involved in it whether they are participating in the control system per se, or produce information to be used in the control system. The role of the corporate governance participants including the Management, the Board of Directors, and Auditors is discussed briefly in what follows. Management: The Chief Executive Officer (CEO) plays a forefront role in designing and implementing effective internal control. In the case of small enterprises, the leadership of the chief executive – often an ownermanager is usually more direct. However, in large and medium panies, the CEO gives direction to senior managers and reviews how they control the business, thereby leading more indirectly. The Management holds the responsibility to decide on how much risk is acceptable to the pany. In so doing, it spells out the level of effectiveness and efficiency of internal control system. (Cheney, 2021, ) Board of Directors: Board of Directors plays an important role in internal control system by 3 providing governance and corporate strategic leadership. They are involved in resource allocation, business plan decisions, enhancement of capability in various departments, and the like. They also appoint management which provides direction to effective internal control. Auditors: By auditor, we refer to both internal and external auditors. They are highly involved in ensuring effectiveness of the internal control system. The design and implementation of control mechanisms are assessed by such auditors. Their assessment is eventually to be translated into remendations on how to improve the system of internal control (Cheney, 2021, ) Therefore, the Management, the Board of Directors, and Auditors are the main participants in designing and implementing effective internal control in most anizations including SMEs. Internal Control in the Swedish Code of Corporate Governance One of the arguments to include such section in the research paper is the belief that a proper understanding of the legal framework under which SMEs operate enhances understanding of their business environment and operations. The principles that this research intends to draw for SMEs needs to be in line with the general legal framework of relevance to SMEs. Therefore, this section enables researchers to delimit the theoretical framework on which the analysis will be based so that the conclusions to draw fit into the Swedish legal framework. The Swedish corporate governance code was published in December 2021. It contains a number of rules and regulations regarding corporate governance, including internal control. Since the focus of this thesis is on internal control, we will not give a detailed description of the entire code. The two paragraphs in the Swedish Code of Corporate Governance that deal with internal control are paragraph Internal control and Internal Auditing and paragraph Report on Internal Controls. The article clearly states that the Board is responsible for the pany’s internal control. The Board is to ensure that the pany has a sound system of internal controls and keeps it
畢業(yè)設(shè)計(jì)相關(guān)推薦
鄂ICP備17016276號(hào)-1