PUBLIC INTERNAL AUDIT IN ROMANIA: A REVIEW ON CHALLENGES AND IMPLICATIONS
The Public Internal Audit plays a fundamentally important role in increasing the level of transparency, accountability, and effectiveness of the management of public resources. In Romania, a number of significant changes were brought about with respect to the elaboration and implementation of mo...
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| Format: | Article |
| Language: | English |
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Academica Brâncuşi
2024-12-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
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| Online Access: | https://www.utgjiu.ro/revista/ec/pdf/2024-06/19_Udrescu.pdf |
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| _version_ | 1850051929496879104 |
|---|---|
| author | UDRESCU LUCIA-MARIA |
| author_facet | UDRESCU LUCIA-MARIA |
| author_sort | UDRESCU LUCIA-MARIA |
| collection | DOAJ |
| description | The Public Internal Audit plays a fundamentally important role in increasing the level of transparency,
accountability, and effectiveness of the management of public resources. In Romania, a number of significant changes
were brought about with respect to the elaboration and implementation of models of internal audit by the country's
accession to the EU and their compliance with international practices of audit. This paper aims to present an extended
review regarding the public internal audit function in Romania, focusing on its legal framework, challenges, and
effectiveness in general. The role of internal audit for Romanian public organizations, in enhancing governance, risk
management, and internal control systems, is analyzed based on literature review and empirical research. The results
thus show that, while significant progress has been made, certain limitations still prevent the full effectiveness of public
internal audits in giving rise to accountability in organizations of the public sector. |
| format | Article |
| id | doaj-art-69f4345ce9544f449f2872dcc09271c9 |
| institution | DOAJ |
| issn | 1844-7007 2344-3685 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Academica Brâncuşi |
| record_format | Article |
| series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| spelling | doaj-art-69f4345ce9544f449f2872dcc09271c92025-08-20T02:52:59ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072344-36852024-12-0116168176PUBLIC INTERNAL AUDIT IN ROMANIA: A REVIEW ON CHALLENGES AND IMPLICATIONS UDRESCU LUCIA-MARIA 0BUCHAREST UNIVERSITY OF ECONOMIC STUDIES, ROMANIA The Public Internal Audit plays a fundamentally important role in increasing the level of transparency, accountability, and effectiveness of the management of public resources. In Romania, a number of significant changes were brought about with respect to the elaboration and implementation of models of internal audit by the country's accession to the EU and their compliance with international practices of audit. This paper aims to present an extended review regarding the public internal audit function in Romania, focusing on its legal framework, challenges, and effectiveness in general. The role of internal audit for Romanian public organizations, in enhancing governance, risk management, and internal control systems, is analyzed based on literature review and empirical research. The results thus show that, while significant progress has been made, certain limitations still prevent the full effectiveness of public internal audits in giving rise to accountability in organizations of the public sector. https://www.utgjiu.ro/revista/ec/pdf/2024-06/19_Udrescu.pdfpublic internal auditpublic institutionsromanian institutionsgovernanceai |
| spellingShingle | UDRESCU LUCIA-MARIA PUBLIC INTERNAL AUDIT IN ROMANIA: A REVIEW ON CHALLENGES AND IMPLICATIONS Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie public internal audit public institutions romanian institutions governance ai |
| title | PUBLIC INTERNAL AUDIT IN ROMANIA: A REVIEW ON CHALLENGES AND IMPLICATIONS |
| title_full | PUBLIC INTERNAL AUDIT IN ROMANIA: A REVIEW ON CHALLENGES AND IMPLICATIONS |
| title_fullStr | PUBLIC INTERNAL AUDIT IN ROMANIA: A REVIEW ON CHALLENGES AND IMPLICATIONS |
| title_full_unstemmed | PUBLIC INTERNAL AUDIT IN ROMANIA: A REVIEW ON CHALLENGES AND IMPLICATIONS |
| title_short | PUBLIC INTERNAL AUDIT IN ROMANIA: A REVIEW ON CHALLENGES AND IMPLICATIONS |
| title_sort | public internal audit in romania a review on challenges and implications |
| topic | public internal audit public institutions romanian institutions governance ai |
| url | https://www.utgjiu.ro/revista/ec/pdf/2024-06/19_Udrescu.pdf |
| work_keys_str_mv | AT udresculuciamaria publicinternalauditinromaniaareviewonchallengesandimplications |