审计和内部控制的有效性外文文献翻译2017.doc

外文文献翻译 原文+译文 文献出处: Watts A. Internal Control and Audit Program Effectiveness [J]. International Business Research, 2017, 2(9): 28-37. 原文 Internal Control and Audit Program Effectiveness Watts Atala Introduction Auditors generally assess and evaluate the quality of internal control system of intended company to determine and plan the extent and process of audit work (Gaumnitz, Nunamaker, Surdick Thomas, 1982). Thus, the Generally Accepted Auditing Standards (GAAS) in its second field work standard emphasises the necessity of evaluating the quality of internal control by the external auditor and obtaining a sufficient understanding of the entity and its internal control environment before the audit process (Mautz Mini, 1966). Jordan follows GAAS and the Interim Law of Jordanian Association of Certified Public Accountants (JACPA) No. 73 of 2003 along with other laws which arrange and govern the audit profession in Jordan. However, the internal control has many interrelated components including, control environment, risk assessment, control activities, communication and monitoring (Karagiorgos, Drogalas Giovanis, 2011; Li Wei, 2008; Takahiro Jia, 2012; Wang, 2010). For example, study by Rahahleh (2011) found that the internal control in Jordanian public organisations suffers from many problems. These include for example; lack the qualified employees, absence of the main components of internal control systems, inability to use the necessary technical tools in internal control and lack of specialised professional employees. Another study conducted in Jordan by Abdullah and Al-Araj (2011) focused mainly on two approaches of auditing, namely the traditional audit approaches and the business risk audit approach. The study investigated the main weaknesses of traditional approaches and the challenges face the adoption of the business risk audit approach. The results indicated that Jordanian auditors still using the traditional approaches of auditing and ignore