Embedding a ‘Reflexive Mindset:’ Lessons from Reconfiguring the Internal Auditing Function

Soh, Woon Gan, Antonacopoulou, Elena P, Rigg, Clare ORCID: 0000-0003-1543-1447 and Bento, Regina F (2021) Embedding a ‘Reflexive Mindset:’ Lessons from Reconfiguring the Internal Auditing Function. In: Academy of Management, 2021-7-29 - 2021-8-4, US - virtual.

Text
Embedding a Reflexive Mindset to serve the common good.pdf - Author Accepted Manuscript
Download (1MB) | Preview

Official URL: http://dx.doi.org/10.5465/ambpp.2021.61

Abstract

Traditional audit training has produced auditors with a conformance mindset who focus on compliance with policies and procedures and are typically perceived as the organization's 'internal policemen'. This may hinder effectiveness in auditing 'conduct risk' - i.e., behaviors that would cause problems to consumer protection, market integrity or competition. Drawn from an action research inquiry designed to reconfigure the Internal Auditing Function of a branch of a financial institution, this paper shows how cultivating a 'reflexive mindset' becomes a critical catalyst in developing a different internal auditing approach that leads to the identification of misconduct and potential conduct risk.

Item Type:	Conference or Workshop Item (Unspecified)
Divisions:	Faculty of Humanities and Social Sciences > School of Management
Depositing User:	Symplectic Admin
Date Deposited:	12 Apr 2021 08:42
Last Modified:	18 Jan 2023 22:53
DOI:	10.5465/ambpp.2021.61
Related URLs:	Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3118997