INTERNAL AUDIT PERFORMANCE MODELING USING COST BENEFIT ANALYSIS. SENSITIVITY OF INTERNAL AUDIT SURPLUS VALUE WITHIN THE CONTEXT OF THE FINANCIAL CRISIS

Adrian Vintilescu Belciug, Monica Andrei and Daniela Coloiu (Creţu)
Additional contact information
Adrian Vintilescu Belciug: Internal Auditor DGFP Buzau
Monica Andrei: Compensation and Benefits Analyst at Travelport Ltd.
Daniela Coloiu (Creţu): Inspector DGFP Buzau

Theoretical and Applied Economics, 2009, vol. 12(541)(supplement), issue 12(541)(supplement), 565-572

Abstract: The article looks into the performance issues, and the cost – benefit approach on audits, viewed in a broader sense (project management) but also analyses the limits of this approach, that can provide a quantitative dimension to the surplus value. With this purpose, the quantitative analysis will observe from a theoretical and illustrative point of view a project management theoretical model used to quantify the surplus value of an audit, using the net added value method, project management and balanced scorecard method. Finally, conclusions were drawn regarding the sensitivity of surplus value brought by internal audit within the context of the economic crisis.

Keywords: public internal audit; project management; cost – effectiveness analysis; balanced bcorecard; net present value. (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.ectap.ro/documente/suplimente/Finantele ... a_Finante_en2010.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:565-572

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().