Auditing, reporting en controls
What we can learn from academic research
To encourage both reflection and practical application.
Highlights from several interesting studies, shared through infographics with brief explanations. Each infographic follows the same structure.
The themes explained
Internal control
To ensure reliable information, controls are embedded into processes. These controls are tested, and improved based on the findings.
But how systematic and objective is this approach, really?
Reporting
At the end of each period, organizations report their revenue, net income, and other financial information. At first glance, these figures seem clear and straightforward.
But how objective are those numbers, really?
Professional identity
Audit standards provide core principles fo accountants, but your identity as an accountant extend beyond the rules. It’s reflected in the choices you make and the trust you build.
What sets you apart as an accountant — and do others see that too?
Academic research summarized in infographics
These are the standard sections used in the infographics:
Research approach
Method: describes how the data were collected, e.g., experiments, interviews, etc.
Participants: experienced finance professionals, students, etc.
Country: gives context about possible cultural impact.
Year: of data collection.
Theory
This section briefly explains the underlying theory of the research.
It can refer to the theoretical lens used, definitions of key concepts, or the model being tested.
Findings
This section presents the study’s results.
Naturally, these are summarized — focusing on the findings that serve as a ‘trigger for thought’.
Key insights
The eye-opener (for me) of the research. The source of the study is listed at the bottom of each infographic — where you can find all the nuances and full context.
The added value of the infographics and short reflections is that they invite you — and your team — to get hands-on: to explore and apply the insights in your daily work.