Internal audit and risk management practices in Malaysian higher education institutions

Internal audit and risk management practices in Malaysian higher education institutions

Increasing trends of malpractices case among the HEI raised major concerns towards integrity and accountability of HEI in managing the public fund. There are growing interests among the public HEIs in establishing risk management and internal audit practices. This study addresses the extent of risk...

Full description

Bibliographic Details
Main Authors: Wan Mustapha, Wan Musnida, Zainal Abidin , Nor Hafizah, Zakaria, Zamzulaila
Format: Conference or Workshop Item
Language:English
English
Published: 2015
Subjects:
HF5001 Business. Business Administration
Online Access:http://irep.iium.edu.my/47503/
http://irep.iium.edu.my/47503/1/AAMC2015-Proceedings_text.pdf
http://irep.iium.edu.my/47503/4/47503.pdf
id iium-47503
recordtype eprints
spelling iium-475032016-02-18T00:51:20Z http://irep.iium.edu.my/47503/ Internal audit and risk management practices in Malaysian higher education institutions Wan Mustapha, Wan Musnida Zainal Abidin , Nor Hafizah Zakaria, Zamzulaila HF5001 Business. Business Administration Increasing trends of malpractices case among the HEI raised major concerns towards integrity and accountability of HEI in managing the public fund. There are growing interests among the public HEIs in establishing risk management and internal audit practices. This study addresses the extent of risk management practices in HEI and role of internal audit on risk management process. Findings show that all public HEIs do have an internal audit unit which is in line with the requirement of Treasury Circular No. 2/2004. Almost more than two third of the respondents involve in evaluating the effectiveness of risk management process. Two older HEIs already have established and advanced level of risk management process. While, majority of the newer HEIs are still in level of basis and developing stage of risk management process. The findings provide insights on current practices of public HEIs in the area of risk management and internal audit. 2015-10-02 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/47503/1/AAMC2015-Proceedings_text.pdf application/pdf en http://irep.iium.edu.my/47503/4/47503.pdf Wan Mustapha, Wan Musnida and Zainal Abidin , Nor Hafizah and Zakaria, Zamzulaila (2015) Internal audit and risk management practices in Malaysian higher education institutions. In: The 11th Asian Academy of Management International Conference 2015 (AAMC 2015), 2nd-4th October, Park Royal Hotel, Penang.
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HF5001 Business. Business Administration
spellingShingle HF5001 Business. Business Administration
Wan Mustapha, Wan Musnida
Zainal Abidin , Nor Hafizah
Zakaria, Zamzulaila
Internal audit and risk management practices in Malaysian higher education institutions
description Increasing trends of malpractices case among the HEI raised major concerns towards integrity and accountability of HEI in managing the public fund. There are growing interests among the public HEIs in establishing risk management and internal audit practices. This study addresses the extent of risk management practices in HEI and role of internal audit on risk management process. Findings show that all public HEIs do have an internal audit unit which is in line with the requirement of Treasury Circular No. 2/2004. Almost more than two third of the respondents involve in evaluating the effectiveness of risk management process. Two older HEIs already have established and advanced level of risk management process. While, majority of the newer HEIs are still in level of basis and developing stage of risk management process. The findings provide insights on current practices of public HEIs in the area of risk management and internal audit.
format Conference or Workshop Item
author Wan Mustapha, Wan Musnida
Zainal Abidin , Nor Hafizah
Zakaria, Zamzulaila
author_facet Wan Mustapha, Wan Musnida
Zainal Abidin , Nor Hafizah
Zakaria, Zamzulaila
author_sort Wan Mustapha, Wan Musnida
title Internal audit and risk management practices in Malaysian higher education institutions
title_short Internal audit and risk management practices in Malaysian higher education institutions
title_full Internal audit and risk management practices in Malaysian higher education institutions
title_fullStr Internal audit and risk management practices in Malaysian higher education institutions
title_full_unstemmed Internal audit and risk management practices in Malaysian higher education institutions
title_sort internal audit and risk management practices in malaysian higher education institutions
publishDate 2015
url http://irep.iium.edu.my/47503/
http://irep.iium.edu.my/47503/1/AAMC2015-Proceedings_text.pdf
http://irep.iium.edu.my/47503/4/47503.pdf
first_indexed 2023-09-18T21:07:35Z
last_indexed 2023-09-18T21:07:35Z
_version_ 1777411037181509632

Similar Items