Risks and Controls in a Changing Business Environment: Global Transportation Facility and Concerns About Missing Revenues*

IF 1.6 Q3 BUSINESS, FINANCE Accounting Perspectives Pub Date : 2022-03-21 DOI:10.1111/1911-3838.12295
Ron Messer
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引用次数: 0

Abstract

This case examines the effects of privatization in the aviation industry, specifically as it concerns an airport referred to as the Global Transportation Facility (GTF). In a deregulated environment, it is important for airports to ensure that all revenues earned from aircraft landings and passenger use of its terminal buildings are identified, billed, and collected. This will be a concern to users of financial information, including those holding corporate debt and government authorities, as well as the airport's senior management, board of directors and other stakeholders. Your role as the head of internal audit at GTF is to determine whether aviation-related billings are complete and accurate. You are also concerned about the consequences of errors in reported revenues, including how to identify these and assess their impact.

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变化的商业环境中的风险和控制:全球运输设施和对收入缺失的担忧*
本案例探讨了私有化对航空业的影响,特别是涉及到一个被称为全球运输设施(GTF)的机场。在放松管制的环境下,机场必须确保所有来自飞机降落和旅客使用其航站楼的收入都得到确认、收费和收集。这将引起财务信息使用者的关注,包括那些持有公司债务和政府当局的人,以及机场的高级管理层、董事会和其他利益相关者。作为GTF内部审计主管,您的职责是确定与航空相关的账单是否完整和准确。你们还关注收入报告错误的后果,包括如何识别这些错误并评估其影响。
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来源期刊
Accounting Perspectives
Accounting Perspectives BUSINESS, FINANCE-
CiteScore
2.60
自引率
0.00%
发文量
30
期刊介绍: Accounting Perspectives provides a forum for peer-reviewed applied research, analysis, synthesis and commentary on issues of interest to academics, practitioners, financial analysts, financial executives, regulators, accounting policy makers and accounting students. Articles are sought from academics and practitioners that address relevant issues in any and all areas of accounting and related fields, including financial accounting and reporting, auditing and other assurance services, management accounting and performance measurement, information systems and related technologies, tax policy and practice, professional ethics, accounting education, and related topics. Without limiting the generality of the foregoing.
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