[雙語翻譯]會計外文翻譯--公司治理與內(nèi)部審計的效益研究給中小企業(yè)的建議 （英文）

1、 Procedia - Social and Behavioral Sciences 115 ( 2014 ) 156 – 165 Available online at www.sciencedirect.com1877-0428 © 2013 The Authors. Published by Elsevier Ltd. Selection and peer-review under responsibili

2、ty of The 5th Indonesia International Conference on Innovation, Entrepreneurship, and Small Business. doi: 10.1016/j.sbspro.2014.02.424 ScienceDirectThe 5th Indonesia International Conference on Innovation, Entrepreneu

3、rship, and Small Business (IICIES 2013) Harnessing the benefits of Corporate Governance and Internal Audit: Advice to SME Nurmazilah Mahzana*, Chia Meng Yanb abFaculty of Business and Accountancy, University Malaya, M

4、alaysia Abstract Small Medium Enterprises (SME) are vital to economic growth in Malaysia and many emerging economies as they are major contributors to the gross domestic product. It is therefore imperative for SME to st

5、rengthen its governance, risk and control (GRC) system that is recommended by Corporate Governance (CG) code to support strong business performance. Internal auditor is the right party to provide assurance and consulta

6、ncy on GRC for a firm to stay competitive. There is generally a lack of awareness among these enterprises regarding significance of internal audit and if there is awareness, there is a general aversion to adopting thes

7、e practices because of the cost of implementation. This paper was carried out solely through analysis of extant literatures. We identified from reports and previous studies that SME failures are contributed by several

8、factors including low productivity, lack of financing as well as inadequate skills and capabilities. The corporate governance literature posits that companies may achieve strategic, tactical and operational efficiency b

9、y embracing good CG principles which include risk management and controls mechanism. Further, internal audit enhance CG through assurance and consultancy work on GRC. Based on the findings from the review of extant lit

10、eratures, it was found that current status of CG in SMEs are not impressive at all, mainly because of lack of awareness as well as high cost of implementation involved. However, good governance is still deemed importan

11、t; hence we may argue that a separate set of corporate governance framework may work better for SMEs, similar to the adoption of a separate set of IFRS for SMEs. © 2013 The Authors. Published by Elsevier Ltd. Sele

12、ction and peer-review under responsibility of The 5th Indonesia International Conference on Innovation, Entrepreneurship, and Small Business. * Corresponding author. Tel.: +0-000-000-0000 ; fax: +0-000-000-0000 . E-ma

13、il address: nurmazilah@um.edu.my © 2013 The Authors. Published by Elsevier Ltd. Selection and peer-review under responsibility of The 5th Indonesia International Conference on Innovation, Entrepreneurship, and Smal

14、l Business.158 Nurmazilah Mahzan and Chia Meng Yan / Procedia - Social and Behavioral Sciences 115 ( 2014 ) 156 – 165 Number of full time employees Micro- enterprise Small enterprise Medium enterprise Manufac

15、turing, Manufacturing-Related Services and Agro-based industries Less than 5 employees Between 5 and 50 employees Between 51 and 150 employees Services, Primary Agriculture and Information ? Market access(infor

16、mation barriers for exports, low marketing and branding); ? Legal and regulatory environment (Licensing and permits issues, compliance to regulations); and ? Infrastructure (trade clearance and facilitation system and