Perceptions about turnover in the internal audit activity: an overview of the Brazilian context

Authors

  • Claudio de Souza Miranda PhD in Controllership and Accounting by University of São Paulo (USP). Professor at University of São Paulo – Ribeirão Preto City (USP-RP https://orcid.org/0000-0001-7511-1416
  • João Paulo Resende de Lima Master in Controllership and Accounting by School of Economics, Business Administration and Accounting at Ribeirão Preto of the University of São Paulo (FEA-RP/USP). https://orcid.org/0000-0002-4703-2603

DOI:

https://doi.org/10.21680/2176-9036.2019v11n2ID18178

Keywords:

Internal Audit. Turnover. Perception. Quality Of Life At Work.

Abstract

Purpose: This paper aims to present and discuss a general overview about the level of turnover through the perception of internal audit professionals in the Brazilian context.

Methodology: The research was carried out through an applied survey with 140 internal audit professionals, whose counts were collected through LinkedIn. The professionals evaluated mainly work in large organizations, 61.4% are former external auditors who made the career change mainly because their previous career did not have a balance between personal and professional life, and 94% understood that the exchange generated better quality of life.

Results: A low turnover rate was observed among the participating professionals. Among the main factors related to turnover are the receipt of proposals of work in other organizations for the audit experience, as well as others within the own organization that act. On a scale of 1 to 10 participants define their quality of life as 6.7 and if they say they value the function.

Contributions of the Study: This paper contributes with the literature advancing the discussion about turnover and quality of life to the branch of internal audit and brings the discussion to the Brazilian context. The work also contributes to the discussion about the change of career from external auditor to internal auditor, with previous work focusing on the turnover of internal audit activity, and those who study turnover in external audit do not assess the fate of professionals, presenting a gap to be fulfilled in theory.

Downloads

Download data is not yet available.

Author Biographies

Claudio de Souza Miranda, PhD in Controllership and Accounting by University of São Paulo (USP). Professor at University of São Paulo – Ribeirão Preto City (USP-RP

hD in Controllership and Accounting by University of São Paulo (USP). Professor at University of São Paulo – Ribeirão Preto City (USP-RP). Address: Bandeirantes Avenue, 3900, Monte Alegre, Ribeirão Preto/SP. Postal Code: 14040-905. Identifiers (ID):

ORCID: http://www.orcid.org/0000-0001-7511-1416

João Paulo Resende de Lima, Master in Controllership and Accounting by School of Economics, Business Administration and Accounting at Ribeirão Preto of the University of São Paulo (FEA-RP/USP).

Master in Controllership and Accounting by School of Economics, Business Administration and Accounting at Ribeirão Preto of the University of São Paulo (FEA-RP/USP). Doctoral student in Controllership and Accounting at School of Economics, Business Administration and Accounting (FEA/USP). Address: Prof. Luciano Gualberto Street, 908, Room 105c – 1st floor – Building: FEA3, Cidade Universitária, São Paulo - SP. Identifiers (ID):

ORCID: https://orcid.org/0000-0002-4703-2603

References

Amundsen, S., & Martinsen, O. L. (2014). Self–other agreement in empowering leadership: Relationships with leader effectiveness and subordinates' job satisfaction and turnover intention. The Leadership Quarterly, 25(4), 784-800.

Bernd, D. C. & Beuren, I. M. (2017). Percepção de justiça organizacional e seus reflexos na satisfação e intenção de turnover de auditores internos. In: Seminários em Administração, SEMEAD, 20, São Paulo, SP.

Beuren, I, M., Ribeiro, F., & Silva, O. L. (2014). Percepção de Justiça Organizacional de Auditores Independentes de Empresas de Auditoria. In: Proceedings of International Conference in Accounting. São Paulo, SP, 14.

Boushey, H.; & Glynn, S.J. (2012). There Are Significant Business Costs to Replacing Employees. Center for American Progress. Recuperado de: https://www.americanprogress.org/issues/economy/reports/2012/11/16/44464/there-are-significant-business-costs-to-replacing-employees/.

Braunbeck, G. O. (2010). Determinantes da qualidade das auditorias independentes no Brasil. Doctoral Thesis, Faculdade de Economia, Administração e Contabilidade, University of São Paulo, São Paulo. doi:10.11606/T.12.2010.tde-04112010-161444. Retrieved 2018-12-21, from www.teses.usp.br

Callegaro, M., Manfreda, K.L., & Vehovar, V. (2015) Websurvey Methodology. California:SAGE Publications.

Chambers, R. 5 Global Trends in Internal Auditing. Internal Auditor Magazine. Disponível em <https://iaonline.theiia.org/blogs/chambers/2016/Pages/5-Global-Trends-in-Internal-Auditing.aspx>

Deery, M. (2008). Talent management, work-life balance and retention strategies. International journal of contemporary hospitality management, 20(7), 792-806.

DIEESE (2016) Rotatividade no mercado de trabalho brasileiro. Disponível em https://www.dieese.org.br/livro/2016/rotatividade2016.pdf

Dillman, D. A. (2000). Mail and Internet surveys. New York: John Wiley & Sons

Emiro?lu, B. D., Akova, O., & Tanr?verdi, H. (2015). The relationship between turnover intention and demographic factors in hotel businesses: A study at five star hotels in Istanbul. Procedia-Social and Behavioral Sciences, 207, 385-397.

Jankowski, H. (2016). How to Decrease Employee Turnover Rates Within Public Accounting Firms. Honors Thesis Projects, University of Tennessee, Estados Unidos da América.

Ferreira, L. C. M., & Almeida, C. B. A. (2015). Rotatividade de Funcionários e Desempenho Organizacional: um Estudo no Comércio Brasileiro. Brazilian Business Review, 12(4), 28-61.

Haan, M., Ongena, Y. P., Vannieuwenhuyze, J. T., & De Glopper, K. (2017). Response Behavior in a Video-Web Survey: A Mode Comparison Study. Journal of Survey Statistics and Methodology, 5(1), 48-69.

Haddad, T. (2017). A Quantitative Examination of the Relationship between Perceived Burnout and Job Satisfaction in Certified Public Accountant. Tese de Doutorado, Liberty University, Africa do Sul.

Hammes, C. C. F., Santos, A. J., & Melim, J. M. (2016). Os impactos do turnover para as organizações. Revista ESPACIOS, Vol. 37 (03).

Haveroth, J., & Cunha, P. R. (2018) Influência do estresse ocupacional no ceticismo profissional de auditores independentes. In: XII Congresso da Anpcont. João Pessoa, PB.

Hay Group (2011) Por que está tão crítico reter profi¬ssionais? Disponível em https://www.haygroup.com/br/downloads/details.aspx?id=36516

Hermanson, D. R., Houston, R. W., Stefaniak, C. M., & Wilkins, A. M. (2016). The work environment in large audit firms: Current perceptions and possible improvements. Current Issues in Auditing, 10(2), A38-A61.

Jankowski, H. (2016). How to Decrease Employee Turnover Rates Within Public Accounting Firms. Honors Thesis Projects, University of Tennessee, Estados Unidos da América.

Kirschenbaum, A., & Mano-Negrin, R. (1999). Underlying labor market dimensions of “opportunities”: The case of employee turnover. Human Relations, 52(10), 1233-1249.

Lachac, R. (1995). Um modelo alternativo para o estudo do turnover. Dissertação, Fundação Getúlio Vargas, São Paulo, São Paulo, Brasil

Lupu, I., & Empson, L. (2015). Illusio and overwork: playing the game in the accounting field. Accounting, Auditing & Accountability Journal, 28(8), 1310-1340.

Marcos, C.; Vogt, M.; & Cunha, P.R. (2017) Capital Psicológico no Trabalho e a Intenção de Rotatividade de Auditores Independentes. In: In: Proceedings of International Conference in Accounting. São Paulo, SP, 17.

Martinow, K., & R. Moroney. (2016). Regulating Audit Quality via Inspections and Checklists: Impact on Auditor Commitment and Turnover Intentions. Working Paper,

McCafferty, J. (2017) Internal Audit Departments Struggle to Retain High Performers. Disponível em https://misti.com/internal-audit-insights/internal-audit-departments-struggle-to-retain-high-performers

Miranda, C.S., & Lima, J. P. R. (2018) Turnover nas Empresas de Auditoria Externa: Quais São as Causas? XVIII USP International Conference in Accounting. São Paulo, SP, Brasil.

Mubako, G., & Mazza, T. (2017). An examination of internal auditor turnover intentions. Managerial Auditing Journal, 32(9), 830-853.

Oliveira, J. P. O. B. (2009). Relação entre intenção de turnover, qualidade de vida no trabalho e satisfação profissional: estudo exploratório numa das melhores empresas para trabalhar em Portugal. Dissertação de mestrado, Universidade de Lisboa, Lisboa, Portugal.

Persellin, J.; Schmidt, J., & Wilkins, M.S. (2014). Auditor perceptions of audit workloads, audit quality, and the auditing profession. Working paper.

Pitman, M. K., Gaertner, J. F., & Hemmeter, P. E. (1989). A study of male and female employee turnover in public accounting firms. The Journal of Applied Business Research, 5(3).

Quarles, R. (1994). An examination of promotion opportunities and evaluation criteria as mechanisms for affecting internal auditor commitment, job satisfaction and turnover intentions. Journal of Managerial Issues, 6 (2), 176-194.

Steenackers, K., & Breesch, D. (2014). Auditors’ length of stay in their first audit firm: An empirical study for the Belgian audit profession using survival analysis. In: Proceedings of the EAA Annual Congress, Estonia, 37.

Tiamiyu, L.; Disner, J. (2009) A Study of the Voluntary External Turnover of Internal Auditors. IAA Research Foundation

Tnay, E., Othman, A. E. A., Siong, H. C., & Lim, S. L. O. (2013). The influences of job satisfaction and organizational commitment on turnover intention. Procedia-Social and Behavioral Sciences, 97, 201-208.

Vannette, D. What Is A Survey? (2015). Disponível em https://www.qualtrics.com/blog/what-is-a-survey/

Umbach, P. D. (2004). Web surveys: Best practices. New directions for institutional research, 2004(121), 23-38.

Waaijer, C. J., Belder, B., Van, B. C., Sonneveld, H., & Van, D. W. I. (2015). Survey on the Labour Market Position of PhD graduates. Working in Paper of Centre for Science and Technology Studies. Holanda.

Yan, H., & Xie, S. (2016). How does auditors’ work stress affect audit quality? Empirical evidence from the Chinese stock market. China Journal of Accounting Research, 9(4).

Downloads

Published

04-07-2019

How to Cite

MIRANDA, C. de S.; LIMA, J. P. R. de . Perceptions about turnover in the internal audit activity: an overview of the Brazilian context. REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte, [S. l.], v. 11, n. 2, 2019. DOI: 10.21680/2176-9036.2019v11n2ID18178. Disponível em: https://periodicos.ufrn.br/ambiente/article/view/18178. Acesso em: 22 nov. 2024.

Issue

Vol. 11 No. 2 (2019): Jul./Dez.

Section

Section 7: International (S7)

License

Authors who publish in this magazine agree with the following terms: 

Authors keep the copyrights and concede the right of its first publication to the magazine. The work piece must be simultaneously licensed on the Creative Commons Attribution Licence which allows the paper sharing, and preserves both the author identity and the right of first publication to this magazine. 

Authors are authorized to assume additional contracts separately, to not-exclusively distribution of the paper version published in this magazine (e.g.: publish in institutional repository or as a book chapter), with the author identity recognition and its first publication in this magazine. 

Authors are permitted and stimulated to publish and distribute their papers online (e.g.: in institutional repository or on their personal webpage), considering it can generate productive alterations, as well as increase the impact and the quotations of the published paper.

Creative Commons - Atribuição-NãoComercial-SemDerivações 4.0 Internacional.