The impact of legislation on the internal audit function
Published on Nov 7, 2017in Journal of Accounting & Organizational Change
· DOI :10.1108/JAOC-02-2015-0019
Purpose The purpose of this study is to show how the presence of change caused a shift in the roles and responsibilities of the internal audit function (IAF). Design/methodology/approach The methodological design/approach was constructed by combining specific aspects of widely-known management accounting and organizational change frameworks. The theoretical premise was based upon the Old Institutional Economics component of institutional theory. As such, this study used the case study method to examine and analyze the impact of this change in eight specific organizations using the new Two-Tiered Organizational Change Framework. Findings This new framework, analyzes the multi-dimensional facets of organizational change in the IAF. We observed from our findings that the change can be evolutionary, episodic, continuous and/or teleological, and people, organisms as well as organizations that are subject to it will react or respond to that change in a myriad of ways. Practical implications Moreover, the implic...