Role of internal audit in corporate governance of ACI Limited
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration,2013.
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BRAC University
2013
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| Accés en línia: | http://hdl.handle.net/10361/2466 |
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10361-24662019-09-30T03:36:12Z Role of internal audit in corporate governance of ACI Limited Zaman, Silvia Kamal, Shawkat BRAC Business School, BRAC University Internal audit Corporate governance Risk management Business administration This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration,2013. Cataloged from PDF version of Internship report. Includes bibliographical references (page 65). Advance Chemical Industries (ACI) Limited is one of the leading conglomerates in Bangladesh, with a multinational image. ACI is a Public Limited Company with a total number of 19,653 shareholders. The company has diversified into four major businesses. The Risk Management and Internal Audit is one of the support department established in ACI Ltd in order to maintain an effective and smooth functioning in the organization .And also to monitor all the activities like from planning to revenue generation each steps of ACI and its subsidiaries. Corporate governance practice in Bangladesh is very less in our country because most of the companies are family oriented. To secure the operations of governance of a strong company, there must be cooperation between the various components of the system of governance, internal auditors, executive management, financial management, board of directors, shareholders and external auditors. To achieve the quality of governance, the company must focus on all cornerstones of corporate governance and in particular the internal audit function. It assesses the commitment to the ethics of the organization and its goals, programs and activities. Internal Audit is the most important part of an organization for keeping the basic corporate governance in any organization. ACI Ltd is one of the largest production based organizations and their business is expanded overall the country therefore it is quite hard for them to conserve an appropriate corporate governance. The objective of internal audit department, in cooperation with ACI, is to support the whole system of all businesses so that any kind of misappropriations can be stopped. And also to ensure the Audit Committee a sound corporate governance by ensuring that IA functions are established in the ACI, that a best practice IA process methodology is applied and that the IA compliance reporting and the IA exception reporting processes are adhered to. The company tries to hold a good corporate governance by maintaining discipline and sincerity all over the organization through its skilled and dedicated employees. The role of internal audit in corporate governance of ACI is enormous .This single factor plays a great role in sustaining the integrity and values of the organization by examining, evaluating different activities of the organization. Silvia Zaman B. Business Administration 2013-05-22T08:51:45Z 2013-05-22T08:51:45Z 2013 2013-02-19 Internship report ID 09304152 http://hdl.handle.net/10361/2466 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 68 pages application/pdf BRAC University |
| institution |
Brac University |
| collection |
Institutional Repository |
| language |
English |
| topic |
Internal audit Corporate governance Risk management Business administration |
| spellingShingle |
Internal audit Corporate governance Risk management Business administration Zaman, Silvia Role of internal audit in corporate governance of ACI Limited |
| description |
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration,2013. |
| author2 |
Kamal, Shawkat |
| author_facet |
Kamal, Shawkat Zaman, Silvia |
| format |
Internship report |
| author |
Zaman, Silvia |
| author_sort |
Zaman, Silvia |
| title |
Role of internal audit in corporate governance of ACI Limited |
| title_short |
Role of internal audit in corporate governance of ACI Limited |
| title_full |
Role of internal audit in corporate governance of ACI Limited |
| title_fullStr |
Role of internal audit in corporate governance of ACI Limited |
| title_full_unstemmed |
Role of internal audit in corporate governance of ACI Limited |
| title_sort |
role of internal audit in corporate governance of aci limited |
| publisher |
BRAC University |
| publishDate |
2013 |
| url |
http://hdl.handle.net/10361/2466 |
| work_keys_str_mv |
AT zamansilvia roleofinternalauditincorporategovernanceofacilimited |
| _version_ |
1814309737612705792 |