Enterprise Resource Planning, Corporate Governance and Internal Auditing

This book investigates how corporate governance is directing the internal audit function (IAF) adaptation as a response to enterprise resource planning (ERP) systems. To date, there is insufficient knowledge about the adaptations of the IAF, which are req

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Hany Elbardan and Ahmed O thman R ashwan Kholeif

Enterprise Resource Planning, Corporate Governance and Internal Auditing

Hany Elbardan · Ahmed Othman Rashwan Kholeif

Enterprise Resource Planning, Corporate Governance and Internal Auditing An Institutional Perspective

Hany Elbardan College of Business Administration American University of the Middle East Egaila, Kuwait

Ahmed Othman Rashwan Kholeif Faculty of Commerce Alexandria University Egaila, Egypt

and

and

Faculty of Commerce Alexandria University Egaila, Egypt

Business School Edge Hill University Ormskirk, UK

ISBN 978-3-319-54989-7 ISBN 978-3-319-54990-3  (eBook) DOI 10.1007/978-3-319-54990-3 Library of Congress Control Number: 2017940370 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover credit: Bavo Studio/Gettyimages Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

To the memory of my late father, my mother, my wife Mayy, my daughter Malak and my son Yassin Dr. Hany Elbardan To my daughter Nour Kholeif and my son Mohamed Kholeif. My lovely children, I pray for ALAH to protect you Prof. Ahmed Othman Rashwan Kholeif

Preface

Corporate governance has received increased attention from both ­regulators and researchers in recent years resulting in highlighting the significance of the internal audit function (IAF). Another transformative force on the IAF has been the dissemination of enterprise resource planning (ERP) systems which have an impact on the legitimacy of the IAF if it is not suitably adapted. However, there is insufficient knowledge about the adaptations of the IAF which are required if it is to maintain its essential rol