There is a clear shift in corporate governance towards understanding and managing the risks that could
prevent an organisation from achieving its objectives. This has resulted in enterprise risk management and
combined assurance becoming fundamental and integral components of corporate governance. Although
enterprise risk management is a well-researched field, limited research is available on the introduction and/or
maintenance of combined assurance processes, and how these relate to enterprise risk management. The
objectives of the study reported on in this article are twofold. Firstly, it presents the interrelationships between
the features of enterprise risk management and the combined assurance processes. Secondly, by conducting
a survey of the views of chief audit executives within the private sector it determines how these features were
considered and addressed by organisations during the introduction and subsequent maintenance of their
organisations’ combined assurance processes. The most significant finding is that there appears to be a
dependency on the enterprise risk management process as a prerequisite for the implementation of a
combined assurance process. Furthermore, significant differences were found to exist between perceptions
from respondents from companies that had already implemented combined assurance / enterprise risk
management and those respondents from companies that are currently in the process of implementing
combined assurance / enterprise risk management.
Schreurs, H.K.; Marais, Marinda(Southern African Institute of Government Auditors, 2015)
This article explores the status of current combined assurance practices as experienced by the chief audit
executives (CAEs) of listed companies in the financial services industry in South Africa. The study aims to
Farooq, Muhammad Bilal; De Villiers, Charl Johannes(Emerald, 2019)
PURPOSE : The purpose of this paper is to examine the competition between accounting sustainability assurance providers (ASAPs) and non-accounting sustainability assurance providers (NASAPs), and how this competition ...
This paper looks at the qualitative study of distance learning at Lesotho College of Education. In 2002 the college was tasked by the Government of Lesotho with the provision of distance education to unqualified and ...