.... They then examine the incremental effect of higher-quality audits on other forms of external monitoring (analyst coverage and institutional holdings) for corporate risk. Findings – Using a sample from 2003 to 2007, the authors document a positive relationship between local-level audit industry specialization...

... auditing in monitoring compliance with the corporate code of conduct, and with audit committee support of internal auditing (as evidenced by audit committee involvement in decisions to dismiss the chief internal auditor). These results are consistent with recent calls by the Committee of Sponsoring...

... be narrowed by audit regulation. The study revealed that fund managers were aware of the audit expectations gap and were particularly concerned about the scope and responsibilities of the auditor, and monitoring of auditors’ work. Fund managers agreed that increased regulation offered potential to narrow...

... to be achieved effectively, efficiently and economically. Education Control Internal audit Management Monitoring Training © MCB UP Limited 1991 4 MANAGERIAL AUDITING JOURNAL 6,2 T he partnership concept of internal auditing: an idea whose time has come. The Internal Auditor Education...