CHALLENGES OF EXTERNAL FINANCIAL AUDIT AGAINST THE MANAGERIAL FRAUD
CHALLENGES OF EXTERNAL FINANCIAL AUDIT AGAINST THE MANAGERIAL FRAUD

Summary/Abstract: Corporate governance is no longer a new topic, but is in a constant controversy. This paper aims to establish the importance of external financial audit in improving corporate governance, a premise for survival, continuation and development of entities in the current economic climate. The core element of the study concerns the active participation that external financial audit must manifest in a governance system to avoid mismanagement and its consequences, especially fraud. For this purpose is performed a synthesis of the current state of knowledge through theoretical and conceptual approach in terms of motivational, of the agency and stakeholders theories, based on specialized literature.

• Details
• Contents