Examining Internal Audit Effectiveness through Management Support and Internal Auditors- Competency
Farah Diana Izzuddin (a), Hasni Mohd Hanafi (b*)

a) Faculty of Management, Multimedia University, Malaysia
b) Faculty of Management, Multimedia University, Malaysia hasni.hanafi[at]mmu.edu.my

Abstract

Internal audit function is expected to add value to the organisation by contributing towards the governance and risk management. Internal auditors assist in providing objective and relevant assurance to the management team. Therefore, it is crucial for internal auditors to be effective in carrying out their duties. The purpose of this paper is to examine two factors that may have an effect towards the internal audit effectiveness through the management support and internal auditors- competency. This paper will utilise experimental approach with multiple 2 x 2 factorial designs. Management support will be explored through two variables namely trainings and resources, while the internal auditors- competency will be explored through their professional qualification and experience. Studies have indicated that both management support and internal auditors- competency could lead to a positive relationship towards the effectiveness of internal audit function. The survey will be collected through a questionnaire that will be sent to the members of The Institute of Internal Auditors. Findings from the study should assist the management to focus on the type of resources needed to be deployed in maximising the capability of their internal audit team.

Keywords: Internal Audit Effectiveness, Management Support, Internal Auditors Competency

Topic: Strategic Management & Ecosystem Business

Link: https://ifory.id/abstract-plain/fuzxURw7KTkj

Web Format | Corresponding Author (Hasni Mohd Hanafi @ Omar)