Unit:
Specialty Internal AuditLibrary of the Faculty of Economics and of the Faculty of Business Administration
Supervisors info:
Δημήτριος Καινούργιος, Αναπληρωτής Καθηγητής, Τμήμα Οικονομικών Επιστημών, ΕΚΠΑ
Original Title:
Factors affecting internal audit effectiveness
Translated title:
Factors affecting internal audit effectiveness
Summary:
The purpose of this thesis is to examine basic factors affecting internal audit effectiveness in organizations that operate in Greece. The factors that contribute to the effectiveness of internal audit that are examined here is, namely, internal auditor’s personal characteristics, management’s support and audit environment that could restrict or promote internal audit effectiveness. This survey aims to assess whether those factors are crucial to the internal audit function in order to be effective as well as to provide a basis for further research. In terms of personal characteristics that affect internal audit (IA) effectiveness that examined are the age, the educational level, the work experience and skills and the gender of the internal auditor. Regarding company’s approach as to IA, tone at the top, communication between management and IA department and independency of IA are examined as well. As to the main audit environment, elements that are involved in some way to the effective operation of IA are investigated too. In particular, IA Standards’ establishment along with audit approach of the management and business area within which companies operate, are the main studying points that will examined as to their connection with IA effectiveness. Moreover, equity structure and its effect on IA department as well as resources’ adequacy for the same department are mentioned in this research, with aim to cover the literature gap in those fields.
Main subject category:
Social, Political and Economic sciences
Keywords:
internal audit, effectiveness , internal audit quality, management support, audit environment
