Prelims

Half Title

Contemporary Issues in Public Sector Accounting and Auditing

Series Page

Contemporary Studies in Economic and Financial Analysis

Recent volumes

Title Page

Contemporary Studies In Economic And Financial Analysis  Volume 105

Contemporary Issues in Public Sector Accounting and Auditing

Edited by

Simon Grima

University of Malta, Malta

Engin Boztepe

Ardahan University, Turkey

United Kingdom – North America – Japan – India – Malaysia – China

Copyright Page

Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2021

Copyright © 2021 Emerald Publishing Limited

Reprints and permissions service

Contact: permissions@emeraldinsight.com

No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters’ suitability and application and disclaims any warranties, express or implied, to their use.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-83909-509-2 (Print)

ISBN: 978-1-83909-508-5 (Online)

ISBN: 978-1-83909-510-8 (Epub)

ISSN: 1569-3759 (Series)

Contents

About the Editors

Simon Grima is the Head of the Department of Insurance which he set up and started in 2015 and coordinates the MA and MSc Insurance and Risk Management degrees together with the Undergrad degree in Insurance. He served as the President of the Malta Association of Risk Management (MARM) between 2013 and 2015 and the President of the Malta Association of Compliance Officers (MACO) between 2016 and 2018. Moreover, he is the Chairman of the Scientific Education Committee of the Public Risk Management Organization (PRIMO). His research focus is on Governance, Regulations, and Internal Controls and has more than 30 years of experience varied between Financial Services, academia and public entities. He has acted as a Co-chair and is a Member of the scientific program committee on some international conferences and is a chief editor, editor and review editor of some journals and book series. He has been awarded outstanding reviewer for the Journal of Financial Regulation and Compliance in the 2017 Emerald Literati Awards.

Engin Boztepe received his BSc in Economics (2002) from Dumlupınar University, MSc in Accounting and Auditing (2012) from Okan University and PhD in Business Administration (2017) from İzmir Katip Çelebi University. He is currently an Assistant Professor of Accounting and Auditing in the Department of Healthcare Management Department, School of Health Sciences, Ardahan University, Turkey. He served as the accounting and financial specialist at Turkish Government for many years. His research interests and consultancies are on auditing, forensic accounting, and public sector accounting and auditing.

About the Contributors

Özen Akçakanat was born in Isparta/Turkey in 1979. She received her PhD in Business Administration Department, Suleyman Demirel University. In 2007, she was hired as an Instructor at the rectorate of Suleyman Demirel University. She has been an Assistant Professor in Suleyman Demirel University since 2016. She focused on accounting in her academic studies. Her research interest includes auditing, performance evaluation, public accounting, and financial statement.

Öznur Arslan was born in Sivas/Turkey in 1989. She graduated from the Department of Business Administration, Faculty of Economics and Administrative Sciences, Sivas Cumhuriyet University in 2010. In 2012, she completed her Master’s degree in Accounting and Finance from the Department of Business Administration, Institute of Social Sciences in Sivas Cumhuriyet University. In 2012, she started working as a Lecturer in Hafik Kamer Örnek Vocational High School of Sivas Cumhuriyet University. In 2014, she began her doctorate education in Accounting and Finance from the Department of Business Administration of the Institute of Social Science in Sivas Cumhuriyet University. In 2018, she completed her doctorate study. She is currently an Assistant Professor with Cumhuriyet Vocational High School. She has published 15 articles and 5 presentations.

Lale Aslan graduated from the Environmental Engineering of Faculty of Engineering of the University of Istanbul in 2004. She completed the MBA program at Yildiz Technical University in 2007. She worked in the finance sector between 2006 and 2016 as an Auditor and the Head of Compliance in top international companies such as KPMG, Credit Agricole Cheuvreux, and Yapi Kredi. She completed her PhD degree in Business (Track: Accounting and Finance) from Yeditepe University in 2014 and she has been teaching Accounting and Finance in Istanbul Yeni Yuzyil University as an Assistant Professor since February 2017. Her academic work focuses on auditing and corporate governance.

Esra Atabay completed her Master’s degree at Anadolu University in 2007 by preparing the thesis titled “Auditing in Public-Use Associations.” She worked as a Lecturer at Beykent University in 2007 and Kadir Has University in 2008. In 2009, she was appointed as a Lecturer in Karadeniz Technical University, Vakfıkebir Vocational School. In 2011, she started her PhD in Business Administration at the same university. She is currently the Head of Accounting and Tax Program with the title of Dr Assistant Professor at the Vocational School of Trabzon University.

Orçun Avcı was born in İzmir in 1990. In 2013, he graduated from Celal Bayar University, Faculty of Economics and Administrative Sciences, Department of Public Finance. In the same year, he started the Fiscal Law master program at Celal Bayar University. In 2014, he joined Aksaray University, Department of Public Finance as a research assistant. Graduated from his master’s degree in 2015. In the same year, he started PhD at İzmir Kâtip Çelebi University, Department of Public Finance and Fiscal Management. He graduated from PhD in 2019. He has worked as an Asst. Prof. Dr. at Aksaray University, Department of Public Finance. He is interested in Tax Law, International Taxation and Public Finance.

Francesco Caputo, PhD, is Senior Researcher (Rtd B) Research Fellow at Department of Economics, Management, and Institutions (DEMI) - University of Naples “Federico II”. He is author of more than 100 publications, and he is member of the Editorial Boards of several international journals and he serves as reviewers for several Italian and international journals. He was finalist at the 2012/2013 Emerald/EMRBI Business Research Award and he has won the best presentation award at the 2016 B.S.Lab. Symposium, the best paper award at the 19th Toulon-Verona (ICQSS) Conference, the 2017 Outstanding Reviewer for the journal, and the best commended paper at the 2017 WOSC Congress. His main research interests include but they are not limited to complexity, knowledge management, and systems thinking. He can be contacted at the following email: Francesco.caputo2@unina.it

Zeynep Demirci was born in İstanbul in 1990. In 2012, she graduated from Uludağ University, Faculty of Economics and Administrative Sciences, Department of Public Finance. In the same year, she started the Public Finance master program at Uludağ University. In 2015, she joined İzmir Kâtip Çelebi University, Department of Public Finance as a research assistant. Graduated from her master’s degree in 2015. In the same year, she started PhD in İzmir Kâtip Çelebi University, Department of Public Finance and Fiscal Management. She graduated from PhD in 2019. She has worked as an Asst. Prof. Dr. at İzmir Kâtip Çelebi University, Department of Public Finance. She studies Public Finance, Tax Law and International Taxation.

Serdar Dumlupinar was born in 1990 in Ankara. In 2012, he received his Bachelor’s degree in the Department of Public Finance from Çanakkale Onsekiz Mart University. In 2015, he received his Master’s degree in the Department of Public Finance, Sakarya University. He currently continues doctoral studies with the Department of Public Finance, Ankara Hacı Bayram Veli University. Since 2017, he has been working as a Research Assistant in the Department of Public Finance at Siirt University.

Taner Duran was born 1988 in Malatya/Turkey. He received his undergraduate education in Economics in Çukurova University. He is currently a graduate student with the Department of Banking and Finance at Süleyman Demirel University. In 2015, he successfully passed the Financial Services Assistant Exam held by the Ministry of Finance. He is working as a Financial Services Assistant expert at Süleyman Demirel University since 2016. His professional practice is in the areas of budget and financial planning, strategic planning, quality, internal control, public accounting and reporting.

Gonca Güngör Göksu has been working in Sakarya University, Public Finance Department, since 2010 as a Research Assistant. On November 2017 the author defended her PhD Thesis which name was “Performance-Based Financing in Higher Education and an Evaluation for Turkey.” Thus she has been qualified as a science doctor. The author has studied on different topics related to public finance. Also, she has been assigned as Turkey coordinator of European Union Erasmus Sports Project which name is “Corporate Governance in Sports Organization: A Gendered Approach” since January 2018.

Evlia Hysa (MSc in Finance and Accounting), holds a Bachelor’s degree from the Faculty of Economics and Administrative Sciences, EPOKA University in Albania, and a Master of Sciences degree in Finance and Accounting from the University of New York in Tirana.

A. Kadir Işık completed his undergraduate education at Faculty of Economics and Administrative Sciences, Department of Public Finance, Anadolu University. He took his Master’s degree (MA) and PhD in Public Finance at Marmara University. He studied as a Post-Doctoral Researcher at New York State University, United States.

Rasha Kassem is an internationally oriented academic with 13 years’ experience in Higher Education. Her expertise is in Audit; Corporate Governance and Business Ethics; Fraud; and Financial reporting. She is currently a Senior Lecturer in Accounting at the School of Business and Law at Coventry University in the UK. She has authored numerous publications in Audit, Fraud and Corporate Governance, and has reviewed several manuscripts for a wide range of international peer reviewed journals and book publishers. She is also a Certified Fraud Examiner, a Member of the Cross Sector Advisory Group of the Counter Fraud Profession at the Cabinet Office in the UK, and a Member of the ACFE Fraud Advisory Council.

Yusuf Kaya was born in 1981. He completed his primary and secondary education in Ankara. In 2001, he was graduated from Department of Business Administration, Faculty of Economics and Administrative Sciences, Dokuz Eylül University. He completed his Master’s Degree in Accounting and Finance in 2008 at Başkent University, Institute of Social Sciences. He received his PhD in risk management from the Department of Business Administration in Pamukkale University in 2015. He has been working as an Assistant Professor in Pamukkale University since 2009. His research interests are about risk management and accounting.

Burcu İşgüden Kiliç was born in Balıkesir, Turkey, in 1982. She received the Bachelor’s degree in Business Management from the Anadolu University, Eskişehir, Turkey, in 2004 and the Master’s degree in Business Management from the Balıkesir University, Balıkesir, Turkey, in 2007 and PhD degree in Accounting from the Anadolu University, Eskişehir, Turkey, in 2012. In 2004, she joined the Department of Business Management, Balıkesir University, as a Research Assistant, where she became an Assistant Professor in 2012. Since 2015, she has been with the Department of Business Management, Bandırma Onyedi Eylül University. Her academic research interests include financial accounting, auditing, internal auditing, accounting information systems, and accounting education.

Y. Murat Kizilkaya was born in Turkey. He completed his undergraduate education on Econometrics, Master’s education on Economics and doctorate education on Econometrics. He has been working with the Department of Economics, Ardahan University Faculty of Economics and Administrative Sciences, Turkey. He teaches Statistics, Theory of Decision courses. He has conducted many studies on text mining, machine learning, and social networks.

Emine Seda Koç received the PhD degree (2007–2012) from the Hacettepe University Institute of Educational Sciences and received the Master Degree (2005–2007) from the Hacettepe University Institute of Educational Sciences.

Özlem Kuvat was born in Balıkesir, Turkey, in 1980. She hold the bachelor’s degree from the Department of Industrial Engineering of Eskişehir Osmangazi University, Turkey, in 2002; the Master degree in Quantitative Methods from the Anadolu University, Eskişehir, Turkey, in 2005; and PhD degree Quantitative Methods from İstanbul University, İstanbul, Turkey, 2010. She joined the Department of Business Management, Balıkesir University, as a Research Assistant in 2004 and she became an Assistant Professor in 2011. She is currently working as an Assistant Professor at the Department of Business Management, Balıkesir University. She is scholarly interested in multi-criteria decision-making methods, statistical methods, and artificial intelligence.

Seval Kardes Selimoglu completed her Master’s degree in the Department of Accounting, Institute of Social Sciences Anadolu University, in 1987. She obtained International MBA (IMBA) degree in the United States of America (OHIO-Cleveland) in Baldwin-Wallace University in 1990. She completed her doctorate degree with the Department of Accounting, Institute of Social Sciences, Anadolu University, in 1995. Her doctoral dissertation in the field of audit has been published as a book in 1996 by Capital Market’s Board. She received the title of Professor in the field of Accounting-Finance in 2007. Her main academic studies are in the fields of international independent audit and assurance standards, independent audit, ethics, accounting fraud, corruption, internal audit, financial statements analysis, and accounting.

Agim Mamuti has had a various academic and governmental working experience in the past fifteen years. He has taught business courses at all university levels in few business schools of the South-Eastern Europe and Turkey. He has published four books and more than fifty scientific research papers in international journals and conferences.

Umut Turksen is interested in the practical application of the law in innovation, societal security, and development. He has published several articles and books on financial crime, whistle-blower protection, energy trade and international arbitration. He has provided consultancy and training to prestigious international businesses and government projects. Prof Turksen is currently leading an EU H2020 project, PROTAX (www.protax-project.eu), which aims to provide solutions for the prevention and prosecution of tax crimes. He is also an advisor to the H2020 project, COFFERS, which aims to address deficiencies and opportunities for upgrading in tax law, tax policy development, tax administration and enforcement at the EU level and across Member States.

Mehmet Utku was born in 1983 in Denizli. In 2005, he graduated from Ege University, Faculty of Economics and Administrative Sciences, Department of Economics. He completed his Master’s Degree in Accounting and Finance in 2007 at Pamukkale University, Institute of Social Sciences. In 2010, He received the CPA title. In 2011, he started to work as an instructor at Pamukkale University Çal Vocational School. He completed his PhD in 2015 at Pamukkale University, Institute of Social Sciences, Department of Business Administration. He has been working as an assistant professor at Pamukkale University, Faculty of Economics and Administrative Sciences, Department of Business Administration for the last 3 years. His research interested are financial accounting and cost accounting.

Serap Sebahat Yanik graduated from Department of Business Administration, Faculty of Economics and Administrative Sciences, Gazi University, in 1987. She completed her Master’s and Doctorate degree with the Department of Accounting and Finance, Gazi University, Institute of Social Sciences, in 2011, where she became an Associate Professor in Accounting. Her PhD Thesis is about “Comparing the Government Accounting System in Turkey with International Standards and Proposal of the New Government Accounting System.” She has received the title of Professor in 2017. She is currently working as an Academician at Department of Business Administration, Faculty of Economics and Administrative Sciences, Ankara Hacı Bayram Veli University.

Gul Yesilcelebi is a PhD in the Faculty of Economics and Administrative Sciences, Department of Business Administration (Accounting and Finance) at Gumushane University, Turkey. Her research activities lie in the areas of independent audit, financial accounting, corporate sustainability, and integrated reporting. She graduated in Business Administration in English within the Faculty of Economics and Administrative Sciences, and, afterward, she obtained the Master’s degree in Accounting. She received her PhD with the Department of Accounting from the Anadolu University, Turkey. She wrote her thesis on integrated reporting and combined assurance. She has published a series of papers on her research interests and she has presented papers in various conferences. She currently teaches Financial Accounting and Corporate Accounting in undergraduate degrees at Gumushane University.

Clint Zammit, HDip(Melit.), Executive MBA(Melit.), is an Accounting and Finance Manager within the Ministry for Finance and Financial Services (MFIN). He has been a Public Service Officer since 2011. In 2016, he graduated in the Institute of Public Administration and Management (IPAM) at the University of Malta, with a Higher Diploma in Public Accounting and Finance, where he conducted a study on maximising internal controls and managing risks within a Government Finance Department. In 2019, he graduated with an Executive Master of Business Administration in the Department of Management at the Faculty of Economics, Management and Accountancy (FEMA) at the University of Malta. His areas of interest include those related with internal auditing; governance; risk management; internal controls and compliance.

Emin Zeytinoğlu was born in Kutahya, Turkey, on August 18, 1982 and now studies at Accounting Department, Kutahya Faculty of Applied Sciences, Kutahya Dumlupınar University. He completed his Master’s and PhD degrees with the Accounting Department, Anadolu University. He has almost 30 scientific studies, his studies focuses especially on Accounting Education, Financial Performance, and Public Sector Accounting. He presented many papers in national and international conferences. He lectures Financial Accounting, Cost Accounting, Management Accounting and Packaged Software courses. Besides, he gives Financial Accountancy and Cost Accounting education to accountant candidates who are just going to start work life with the support of Basic Education and Internship Center, which is at the Union of Chambers of Certified Public Accounts of Turkey.

Introduction: Contemporary Issues in Public Sector Accounting, Auditing and Internal Controls