... information of little help. © Emerald Group Publishing Limited 2005 Auditing Electronic data interchange Control applications Transaction costs Managerial auditing is concerned with the economical and efficient use of a firm's resources. Management auditors are responsible...

... on this debate by using insights from transaction cost economics (TCE) to identify conditions under which organizations encourage internal audit participation in the external audit. An analysis of survey data collected from directors of Canadian internal audit departments indicate that some (TCE) variables...

...Gary Spraakman Compared to external audit, internal audit has been charged with having no theory to guide academic research and practice. Suggests that the claims that internal audit has no theory have overlooked the theory of transaction cost economics. A variation of agency theory, transaction...