Transfer Pricing and the Internal Audit Role in Intercompany Transactions

October 2009

Abstract

One of the most important and difficult aspects of an audit and review on reliability and integrity of financial statements is the identification for the transactions of related parties. Related party transactions are a normal feature of commerce and business. Their importance concerning reliability and integrity of financial information is always high, especially for highly diversified entities and business structures. Due to this complexity, proper review requires a sound understanding and careful analysis.

Author

Nikolaos Dounis

Cluster Internal Control & Compliance Manager, Imperial Tobacco Group, Greece

Professional experience of more than fifteen (15) years in leading edge Multinational Organizations and Industries (Tobacco, Telecoms, Banking, Manufacturing) in Internal Audit, Risk & Compliance roles. Currently working as the Cluster Internal Control & Compliance Manager of Imperial Tobacco Group, responsible for the South East Europe Cluster (Italy, Greece, Romania, Bulgaria, Cyprus, Malta, Israel, Palestine Markets). Previously worked in Internal Audit and Consulting roles in Cosmote Mobile Telecommunications and PwC respectively. Strong Academic & Theoretical background, encompassing a PhD and MsC in Internal Auditing & Management from a leading edge institution (Cass Business School - City University of London), with continuous development via publications and presentations in International Academic Conferences and Associations. International Professional Qualifications of Certified Internal Auditor (CIA), Certified in Risk Management Assurance (CRMA), Certification of Teaching in Higher Education (City University of London) and Authorized Professional Trainer conducting seminars and trainings.

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Transfer Pricing and the Internal Audit Role in Intercompany Transactions

Abstract

Author

Company

Imperial Tobacco Group

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