Local government internal audit compliance

Article


Jones, Greg and Beattie, Claire. 2015. "Local government internal audit compliance." Australasian Accounting Business and Finance Journal. 9 (3), pp. 59-71.
Article Title

Local government internal audit compliance

ERA Journal ID40372
Article CategoryArticle
AuthorsJones, Greg (Author) and Beattie, Claire (Author)
Journal TitleAustralasian Accounting Business and Finance Journal
Journal Citation9 (3), pp. 59-71
Number of Pages13
Year2015
Place of PublicationWollongong, NSW, Australia
ISSN1834-2000
1834-2019
Web Address (URL)http://ro.uow.edu.au/cgi/viewcontent.cgi?article=1597&context=aabfj
Abstract

Local government councils (LGC) rely on a number of funding sources including state and federal governments as well as their community constituents to enable them to provide a range of public services. Given the constraints on these funding sources councils need to have in place a range of strategies and policies capable of providing good governance and must appropriately discharge their financial accountabilities. To assist LGC with meeting their governance and accountability obligations they often seek guidance from their key stakeholders. For example, in the Australian State of New South Wales (NSW), the Office of Local Government has developed a set of guidelines, the Internal Audit Guidelines. In 2010 the NSW Office of Local Government issued revised guidelines emphasising that an internal audit committee is an essential component of good governance. In addition, the guidelines explained that to improve the governance and accountability of the councils, these committees should be composed of a majority of independent members. To maintain committee independence the guidelines indicated that the Mayor should not be a member of the committee. However these are only guidelines, not legislated requirements and as such compliance with the guidelines, before they were revised, has been demonstrated to be quite low (Jones & Bowrey 2013). This study, based on a review of NSW Local Government Councils’ 2012/2013 reports, including Annual Reports and associated disclosures, assesses the level of compliance with the 2010 revised guidelines, specifically in relation to internal
audit committees, to determine if the guidelines are effective in improving local government council governance.

Keywordsaccountability; audit; councils; governance; internal audit; local government
ANZSRC Field of Research 2020350799. Strategy, management and organisational behaviour not elsewhere classified
350102. Auditing and accountability
Byline AffiliationsSchool of Commerce
Institution of OriginUniversity of Southern Queensland
Permalink -

https://research.usq.edu.au/item/q34xw/local-government-internal-audit-compliance

Download files


Accepted Version
Jones_Beattie_AV.pdf
File access level: Anyone

  • 1701
    total views
  • 131
    total downloads
  • 0
    views this month
  • 0
    downloads this month

Export as

Related outputs

The Application of Critical Discourse Analysis to Explore the use of Language and Speech Acts in a Public Sector Accountability Process
Garvie, Leanda, Joubert, Michelle and Jones, Greg. 2022. "The Application of Critical Discourse Analysis to Explore the use of Language and Speech Acts in a Public Sector Accountability Process." Australasian Accounting Business and Finance Journal. 16 (4), pp. 201-217. https://doi.org/10.14453/aabfj.v16i4.11
The influence of ownership structure on the extent of CSR reporting: An emerging market study
Al Fadli, Amer, Sands, Juhn, Jones, Gregory, Beattie, Claire and Pensiero, Dom. 2022. "The influence of ownership structure on the extent of CSR reporting: An emerging market study." Business and Society Review. 127 (3), pp. 725-754. https://doi.org/10.1111/basr.12286
The Postpandemic Future of Australian Regional Aviation: How Regional Express (Rex) Navigated the Challenges and Opportunities
Bowyer, Dorothea Maria, Jones, Greg Evan, El Hamad, Walid, Beattie, Claire, Smark, Ciorstan and Deng, Ying. 2022. "The Postpandemic Future of Australian Regional Aviation: How Regional Express (Rex) Navigated the Challenges and Opportunities." Kurnaz, Salim and Argin, Emrah (ed.) Digitalization and the Impacts of COVID-19 on the Aviation Industry. IGI Global. pp. 73-101
Barriers and Motivations to Integrating Environmental Performance in the BSC: a case study in health care
Khalid, Salim Khaleel, Beattie, Claire and Sands, John Stephen. 2022. "Barriers and Motivations to Integrating Environmental Performance in the BSC: a case study in health care." Sustainability Accounting, Management and Policy Journal. 13 (2), pp. 297-319. https://doi.org/10.1108/SAMPJ-09-2020-0325
Impact of NSW Local Council Investment Exposures on Audit Opinions
Jones, Greg and Bowrey, Graham. 2010. "Impact of NSW Local Council Investment Exposures on Audit Opinions." e-Journal of Social and Behavioural Research in Business. 1 (1), pp. 1-11.
Exploring Changing Requirements of Financial Statement Audit Reports via a Morphogenetic Approach
Deng, Ying, Bowrey, Graham and Jones, Greg. 2021. "Exploring Changing Requirements of Financial Statement Audit Reports via a Morphogenetic Approach." Australasian Accounting Business and Finance Journal. 15 (2), pp. 38-55. https://doi.org/10.14453/aabfj.v15i2.4
Survival of the Fittest: Challenges for regional aviation to serve the needs of Australian regional and remote communities
Bowyer, Dorothea, Jones, Greg, Bowrey, Graham and Smark, Ciorstan. 2020. "Survival of the Fittest: Challenges for regional aviation to serve the needs of Australian regional and remote communities." Australasian Journal of Regional Studies. 26 (1), pp. 1-28.
Incorporating the environmental dimension into the balanced scorecard: A case study in health care
Khalid, Salim, Beattie, Claire, Sands, John and Hampson, Veronica. 2019. "Incorporating the environmental dimension into the balanced scorecard: A case study in health care." Meditari Accountancy Research. 27 (4), pp. 652-674. https://doi.org/10.1108/MEDAR-06-2018-0360
Financial and Social Well-being Performance after Privatisation of the Port of Brisbane: A Case Study
Jayasundara, Mudiyanselage Upali Ranjith, Jones, Greg and Sands, John. 2020. "Financial and Social Well-being Performance after Privatisation of the Port of Brisbane: A Case Study." Australasian Accounting Business and Finance Journal. 14 (2), pp. 72-93. https://doi.org/10.14453/aabfj.v14i2.6
Board independence and CSR reporting: pre and post analysis of JCGC 2009
Al Fadli, Amer, Sands, John, Jones, Greg, Beattie, Claire and Pensiero, Dominic. 2020. "Board independence and CSR reporting: pre and post analysis of JCGC 2009." International Journal of Law and Management. 62 (2), pp. 117-138. https://doi.org/10.1108/IJLMA-11-2018-0259
Perceptions of the usefulness of various teaching methods in forensic accounting education
Alshurafat, Hashem, Beattie, Claire, Jones, Gregory and Sands, John. 2020. "Perceptions of the usefulness of various teaching methods in forensic accounting education." Accounting Education: An International Journal. 29 (2), pp. 177-204. https://doi.org/10.1080/09639284.2020.1719425
The Influence of Economic (Ir)rationality on Public Sector Reforms
Bowrey, Graham, Smark, Ciorstan and Jones, Greg. 2019. "The Influence of Economic (Ir)rationality on Public Sector Reforms." e-Journal of Social and Behavioural Research in Business. 10 (1), pp. 24-39.
Board Gender Diversity and CSR Reporting: Evidence from Jordan
Al Fadli, Amer, Sands, John, Jones, Greg, Beattie, Claire and Pensiero, Dom. 2019. "Board Gender Diversity and CSR Reporting: Evidence from Jordan." Australasian Accounting Business and Finance Journal. 13 (3), pp. 29-52. https://doi.org/10.14453/aabfj.v13i3.3
Forensic accounting core and interdisciplinary curricula components in Australian universities: analysis of websites
Alshurafat, Hashem, Beattie, Claire, Jones, Gregory and Sands, John. 2019. "Forensic accounting core and interdisciplinary curricula components in Australian universities: analysis of websites." Journal of Forensic and Investigative Accounting. 11 (2 (Special edition)), pp. 353-365.
The value of incorporating emotional intelligence skills in the education of accounting students
Jones, Greg and Abraham, Anne. 2009. "The value of incorporating emotional intelligence skills in the education of accounting students." Australasian Accounting Business and Finance Journal. 3 (2), pp. 48-60.
Local Government investing: a form of gambling?
Jones, Greg and Bowrey, Graham. 2010. "Local Government investing: a form of gambling?" Australiasian Journal of Regional Studies. 16 (1), pp. 37-50.
The perfect paper
Beattie, Claire. 2011. "The perfect paper." Critical Perspectives on Accounting. 22 (3), pp. 333-333. https://doi.org/10.1016/j.cpa.2010.12.006
Managing student expectations: using online quizzes in university subjects
Jones, Greg and Jones, Hazel. 2017. "Managing student expectations: using online quizzes in university subjects." Northcote, Maria and Gosselin, Kevin P. (ed.) Handbook of research on humanizing the distance learning experience. Hershey PA, united States. IGI Global. pp. 364-391
The big end of town meets the local council: the investment habitus of four sets of Australian councils during the GFC
Jones, Greg, Beattie, Claire, Bowrey, Graham and Smark, Ciorstan. 2016. "The big end of town meets the local council: the investment habitus of four sets of Australian councils during the GFC ." Australian Journal of Public Administration. 75 (4), pp. 441-456. https://doi.org/10.1111/1467-8500.12212
Local council financial management: assessing the impact of policy change and proposed amalgamations
Jones, Greg, Bowrey, Graham, Beattie, Claire and Smark, Ciorstan. 2016. "Local council financial management: assessing the impact of policy change and proposed amalgamations." Australasian Journal of Regional Studies. 22 (3), pp. 355-374.
Local council governance and audit committees - the missing link?
Jones, Gregory and Bowrey, Graham. 2013. "Local council governance and audit committees - the missing link?" Journal of New Business Ideas and Trends. 11 (2), pp. 58-66.
Australian farm business performance insights from effective farm business managers
Slaughter, Geoff, Glass, Rod, Noble, Chris and Beattie, Claire. 2015. Australian farm business performance insights from effective farm business managers. Canberra, Australia. Rural Industries Research and Development Corporation.
Defining performance: interpretations from the Australian university sector
Beattie, Claire. 2012. "Defining performance: interpretations from the Australian university sector." 26th Annual British Academy of Management Conference: Management Research Revisited: Prospects for Theory and Practice (Bam 2012). Cardiff, Wales 11 - 13 Sep 2012 United Kingdom.
Reporting on service performance: measurement and myth in the New Zealand compulsory education sector
Beattie, Claire. 2007. "Reporting on service performance: measurement and myth in the New Zealand compulsory education sector." Gupta, Atul (ed.) 7th Global Conference on Business & Economics. Rome, Italy 13 - 14 Oct 2007 Rome, Italy.