FINANCIAL AUDIT - THE FUNDAMENTAL OF EFFECTIVE CORPORATE GOVERNANCE

The research context is found in a period in which Romania, as part of the European Union, must align with the initiatives initiated at European level regarding the consolidation of state reforms in the field of corporate governance, accounting, control and internal audit. One of the key factors tha...

Full description

Saved in:
Bibliographic Details
Main Authors: BOGDAN RĂVAŞ, GIGI DĂNEȚ
Format: Article
Language:English
Published: University of Petrosani 2019-10-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:https://www.upet.ro/annals/economics/pdf/2019/p1/Ravas_Danet.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850192383311872000
author BOGDAN RĂVAŞ
GIGI DĂNEȚ
author_facet BOGDAN RĂVAŞ
GIGI DĂNEȚ
author_sort BOGDAN RĂVAŞ
collection DOAJ
description The research context is found in a period in which Romania, as part of the European Union, must align with the initiatives initiated at European level regarding the consolidation of state reforms in the field of corporate governance, accounting, control and internal audit. One of the key factors that influence the efficient use of resources, the increase of the shareholders’ confidence in the managers of economic entities, the success in achieving the objectives of the companies and the economic efficiency is the corporate governance system through which a company is managed and controlled. The statutory (internal) audit component, based on the criteria described by the principles of good corporate governance, must be supported by the financial audit activity in order to increase transparency and at the same time to optimize all levels that condition the multicriteria performance.
format Article
id doaj-art-c60588a1f2cc4b4fac29403912e70977
institution OA Journals
issn 1582-5949
2247-8620
language English
publishDate 2019-10-01
publisher University of Petrosani
record_format Article
series Annals of the University of Petrosani: Economics
spelling doaj-art-c60588a1f2cc4b4fac29403912e709772025-08-20T02:14:35ZengUniversity of PetrosaniAnnals of the University of Petrosani: Economics1582-59492247-86202019-10-01191187202FINANCIAL AUDIT - THE FUNDAMENTAL OF EFFECTIVE CORPORATE GOVERNANCE BOGDAN RĂVAŞ0GIGI DĂNEȚ1University of Petroşani, RomaniaUniversity of Craiova, RomaniaThe research context is found in a period in which Romania, as part of the European Union, must align with the initiatives initiated at European level regarding the consolidation of state reforms in the field of corporate governance, accounting, control and internal audit. One of the key factors that influence the efficient use of resources, the increase of the shareholders’ confidence in the managers of economic entities, the success in achieving the objectives of the companies and the economic efficiency is the corporate governance system through which a company is managed and controlled. The statutory (internal) audit component, based on the criteria described by the principles of good corporate governance, must be supported by the financial audit activity in order to increase transparency and at the same time to optimize all levels that condition the multicriteria performance. https://www.upet.ro/annals/economics/pdf/2019/p1/Ravas_Danet.pdfcorporate governanceinternal auditexternal auditefficiency
spellingShingle BOGDAN RĂVAŞ
GIGI DĂNEȚ
FINANCIAL AUDIT - THE FUNDAMENTAL OF EFFECTIVE CORPORATE GOVERNANCE
Annals of the University of Petrosani: Economics
corporate governance
internal audit
external audit
efficiency
title FINANCIAL AUDIT - THE FUNDAMENTAL OF EFFECTIVE CORPORATE GOVERNANCE
title_full FINANCIAL AUDIT - THE FUNDAMENTAL OF EFFECTIVE CORPORATE GOVERNANCE
title_fullStr FINANCIAL AUDIT - THE FUNDAMENTAL OF EFFECTIVE CORPORATE GOVERNANCE
title_full_unstemmed FINANCIAL AUDIT - THE FUNDAMENTAL OF EFFECTIVE CORPORATE GOVERNANCE
title_short FINANCIAL AUDIT - THE FUNDAMENTAL OF EFFECTIVE CORPORATE GOVERNANCE
title_sort financial audit the fundamental of effective corporate governance
topic corporate governance
internal audit
external audit
efficiency
url https://www.upet.ro/annals/economics/pdf/2019/p1/Ravas_Danet.pdf
work_keys_str_mv AT bogdanravas financialauditthefundamentalofeffectivecorporategovernance
AT gigidanet financialauditthefundamentalofeffectivecorporategovernance