Unit:
Κατεύθυνση Εσωτερικός ΈλεγχοςLibrary of the Faculty of Economics and of the Faculty of Business Administration
Supervisors info:
Πετροδασκαλάκης Μιχαήλ, Ακαδημαϊκός Υπότροφος, Τμήμα Οικονομικών Επιστημών, ΕΚΠΑ
Original Title:
Η επάρκεια του συστήματος εσωτερικού ελέγχου των εισηγμένων στο Χρηματιστήριο Αθηνών εταιρειών μέσα από την πρώτη αξιολόγησή τους για την περίοδο 17.07.2021-31.12.2022 σύμφωνα με το ισχύον κανονιστικό πλαίσιο
Translated title:
The adequacy of the internal control system of companies listed on the Athens Stock Exchange through their first assessment for the period 17.07.2021-31.12.2022 according to the applicable regulatory
Summary:
The adequacy of the internal control system of listed companies on the Athens Stock Exchange was evaluated for the first time in the period 17.07.2021-31.12.2022 and the Companies were obliged, in accordance with the legislative framework, to report the results of the Evaluation Report, the response of the companies' management , as well as their action plans with the relevant timelines in the annual Corporate Governance Statement they published with their financial report until March 30, 2023.
The first part of this paper presents and analyzes the regulatory framework regarding corporate governance through Law 4706/2020 and the directives of the supervisory authority of listed companies, the Capital Market Commission, regarding the process of evaluating the internal control system which is based in the updated COSO Internal Control Integrated Framework model of 2013. The Audit Framework for assessing the adequacy and effectiveness of the Internal Control System as approved by the Hellenic Accounting and Auditing Standards Oversight Board (HAASOB) is then presented and analyzed.
The second part of this paper presents the results from the first evaluation as grouped based on the published financial reports of the year 2022.
Main subject category:
Social, Political and Economic sciences
