{"id":"https://openalex.org/W241360104","doi":"https://doi.org/10.2308/ajpt-340158","title":"Allocating Internal Audit Resources to Minimize Detection Risk Due to Theft.","display_name":"Allocating Internal Audit Resources to Minimize Detection Risk Due to Theft.","publication_year":1998,"publication_date":"1998-03-01","ids":{"openalex":"https://openalex.org/W241360104","doi":"https://doi.org/10.2308/ajpt-340158","mag":"241360104"},"language":"en","primary_location":{"id":"doi:10.2308/ajpt-340158","doi":"https://doi.org/10.2308/ajpt-340158","is_oa":false,"landing_page_url":"https://doi.org/10.2308/ajpt-340158","pdf_url":null,"source":{"id":"https://openalex.org/S75845752","display_name":"Auditing A Journal of Practice & Theory","issn_l":"0278-0380","issn":["0278-0380","1558-7991"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-2","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310316290","host_organization_name":"American Accounting Association","host_organization_lineage":["https://openalex.org/P4310316290"],"host_organization_lineage_names":["American Accounting Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Auditing: A Journal of Practice & Theory","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5081292516","display_name":"David P Newman","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"D. Paul Newman","raw_affiliation_strings":["1"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"1","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5072948361","display_name":"Jaewan Park","orcid":"https://orcid.org/0000-0003-1833-6621","observed_orcids":["https://orcid.org/0000-0003-1833-6621"]},"institutions":[{"id":"https://openalex.org/I205490536","display_name":"Dongguk University","ror":"https://ror.org/057q6n778","country_code":"KR","type":"education","lineage":["https://openalex.org/I205490536"]}],"countries":["KR"],"is_corresponding":false,"raw_author_name":"Jaewan Park","raw_affiliation_strings":["2","Dongguk University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"2","institution_ids":[]},{"raw_affiliation_string":"Dongguk University","institution_ids":["https://openalex.org/I205490536"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5040764287","display_name":"J. Reed Smith","orcid":"https://orcid.org/0000-0003-2289-989X","observed_orcids":["https://orcid.org/0000-0003-2289-989X"]},"institutions":[{"id":"https://openalex.org/I181233156","display_name":"University of Oregon","ror":"https://ror.org/0293rh119","country_code":"US","type":"education","lineage":["https://openalex.org/I181233156"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"J. Reed Smith","raw_affiliation_strings":["3","University of Oregon"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"3","institution_ids":[]},{"raw_affiliation_string":"University of Oregon","institution_ids":["https://openalex.org/I181233156"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":5.2634,"has_fulltext":false,"cited_by_count":11,"citation_normalized_percentile":{"value":0.95778636,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":95},"biblio":{"volume":"17","issue":"1","first_page":"69","last_page":"82"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.8695999979972839,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.8695999979972839,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13957","display_name":"Corporate Governance and Financial Management","score":0.04410000145435333,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10797","display_name":"Accounting and Organizational Management","score":0.016200000420212746,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/employee-theft","display_name":"employee theft","score":0.9419999718666077},{"id":"https://openalex.org/keywords/detection-risk","display_name":"detection risk","score":0.8209999799728394},{"id":"https://openalex.org/keywords/audit-sampling","display_name":"audit sampling","score":0.6330000162124634},{"id":"https://openalex.org/keywords/poisson-approximation","display_name":"Poisson approximation","score":0.843999981880188},{"id":"https://openalex.org/keywords/theft-detection","display_name":"theft detection","score":0.48899999260902405},{"id":"https://openalex.org/keywords/audit-costs","display_name":"audit costs","score":0.5230000019073486}],"concepts":[{"id":"https://openalex.org/C199521495","wikidata":"https://www.wikidata.org/wiki/Q181487","display_name":"Audit","level":2,"score":0.7585180997848511},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.4869895875453949},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4868409037590027},{"id":"https://openalex.org/C140779682","wikidata":"https://www.wikidata.org/wiki/Q210868","display_name":"Sampling (signal processing)","level":3,"score":0.45183265209198},{"id":"https://openalex.org/C24204470","wikidata":"https://www.wikidata.org/wiki/Q6033727","display_name":"Inherent risk (accounting)","level":5,"score":0.42202675342559814},{"id":"https://openalex.org/C100906024","wikidata":"https://www.wikidata.org/wiki/Q205692","display_name":"Poisson distribution","level":2,"score":0.42129838466644287},{"id":"https://openalex.org/C29202148","wikidata":"https://www.wikidata.org/wiki/Q287260","display_name":"Resource allocation","level":2,"score":0.4146703779697418},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.33942317962646484},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.2841760218143463},{"id":"https://openalex.org/C170856484","wikidata":"https://www.wikidata.org/wiki/Q6452684","display_name":"Internal audit","level":3,"score":0.2768304646015167},{"id":"https://openalex.org/C147007100","wikidata":"https://www.wikidata.org/wiki/Q3344190","display_name":"External auditor","level":4,"score":0.26317107677459717},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.16890352964401245},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.15357482433319092},{"id":"https://openalex.org/C106131492","wikidata":"https://www.wikidata.org/wiki/Q3072260","display_name":"Filter (signal processing)","level":2,"score":0.12225136160850525},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.08202910423278809},{"id":"https://openalex.org/C31972630","wikidata":"https://www.wikidata.org/wiki/Q844240","display_name":"Computer vision","level":1,"score":0.0},{"id":"https://openalex.org/C31258907","wikidata":"https://www.wikidata.org/wiki/Q1301371","display_name":"Computer network","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.2308/ajpt-340158","doi":"https://doi.org/10.2308/ajpt-340158","is_oa":false,"landing_page_url":"https://doi.org/10.2308/ajpt-340158","pdf_url":null,"source":{"id":"https://openalex.org/S75845752","display_name":"Auditing A Journal of Practice & Theory","issn_l":"0278-0380","issn":["0278-0380","1558-7991"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-2","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310316290","host_organization_name":"American Accounting Association","host_organization_lineage":["https://openalex.org/P4310316290"],"host_organization_lineage_names":["American Accounting Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Auditing: A Journal of Practice & Theory","raw_type":"journal-article"},{"id":"mag:241360104","doi":null,"is_oa":false,"landing_page_url":"https://www.questia.com/library/journal/1G1-20738860/allocating-internal-audit-resources-to-minimize-detection","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.6601999998092651,"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2049868615","https://openalex.org/W7164644768","https://openalex.org/W2526564250","https://openalex.org/W1998814183","https://openalex.org/W2299096326","https://openalex.org/W2147946770","https://openalex.org/W2957251360","https://openalex.org/W856838832","https://openalex.org/W190025458","https://openalex.org/W2142688506"],"abstract_inverted_index":{"Abstract":[0],"We":[1,231],"analyze":[2],"internal":[3],"audit":[4,48,170,192,250],"resource":[5],"allocation":[6,88,94,216],"strategies":[7,11],"and":[8,46,78,87,93,97,245],"employee":[9,28],"theft":[10,30,77,122,149,237,241],"in":[12,15,54,76,217],"a":[13,26,63,110,166,188,208,218],"setting":[14],"which":[16],"there":[17],"are":[18,60],"many":[19],"asset":[20],"types":[21],"or":[22,116],"\"locations\"":[23],"controlled":[24],"by":[25,107],"single":[27],"where":[29,135],"can":[31],"occur.":[32],"The":[33,125],"term":[34],"\"location\"":[35],"refers":[36],"to":[37,70,163,173,184,213,226],"an":[38,136,214],"auditible":[39],"group":[40],"of":[41,43,89,95,100,109,147,168,176,179,187,193,198],"assets":[42],"equal":[44],"value":[45],"identical":[47],"sampling":[49,65,111,205],"cost":[50,178,186,206],"for":[51],"each":[52,164],"unit":[53],"the":[55,71,85,91,98,105,119,128,142,145,158,169,174,177,181,185,204,221,227,235],"group.":[56],"Theft":[57],"detection":[58,81,114],"likelihoods":[59],"based":[61],"on":[62,84,141],"discovery":[64],"formulation":[66],"(the":[67],"Poisson":[68],"approximation":[69],"binomial":[72],"distribution)":[73],"commonly":[74],"used":[75],"fraud":[79],"scenarios;":[80],"risk":[82],"depends":[83],"extent":[86,92],"auditing,":[90],"theft,":[96,134],"size":[99],"locations.":[101,195],"In":[102],"our":[103],"analysis,":[104],"auditor,":[106],"choice":[108],"strategy,":[112],"minimizes":[113],"risk,":[115],"equivalently":[117],"maximizes":[118,127],"probability":[120],"that":[121,157,202,234],"is":[123,139,201],"detected.":[124],"agent":[126,143],"expected":[129],"net":[130],"gain":[131],"from":[132,242,246],"undetected":[133],"increasing":[137],"penalty":[138],"imposed":[140],"as":[144],"amount":[146],"detected":[148],"increases.":[150],"Using":[151],"these":[152],"behavioral":[153],"assumptions,":[154],"we":[155],"find":[156,233],"auditor's":[159],"strategy":[160,238],"involves":[161,239],"allocating":[162],"location":[165,183,209],"share":[167],"budget":[171],"proportionate":[172],"ratio":[175],"auditing":[180],"entire":[182],"complete":[189],"(100":[190],"percent)":[191],"all":[194],"One":[196],"implication":[197],"this":[199],"result":[200],"if":[203],"at":[207],"increases,":[210],"then,":[211],"contrary":[212],"optimal":[215],"non-interactive":[219],"setting,":[220],"auditor":[222],"allocates":[223],"more":[224,228,240],"resources":[225],"costly":[229],"location.":[230],"also":[232],"agent's":[236],"larger":[243],"locations":[244,247],"with":[248],"higher":[249],"costs.":[251]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2015,"cited_by_count":1}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}