Unit:
Κατεύθυνση Εσωτερικός ΈλεγχοςLibrary of the Faculty of Economics and of the Faculty of Business Administration
Supervisors info:
Κουραντή Φραγκώ, Επίκουρη Καθηγήτρια, Τμήμα Οικονομικών Επιστημών, ΕΚΠΑ
Original Title:
How the Strength of the Internal Audit can affect the Performance of the company
Translated title:
How the Strength of the Internal Audit can affect the Performance of the company
Summary:
This study examines how the financial performance of a company can be affected by the
quality of its internal audit department. We solely focused on internal auditors of Greek
organizations and the data were collected via questionnaires on internal auditors and financial
reports of the companies. The response rate was 51% and the variables used to determine
the quality of the internal audit department, were Objectivity & Independence, Knowledge &
Competence and Work Performance & Monitoring and Controls. The Spearman’s correlation
method was used to test our hypothesis, and findings showed that Internal Audit’s strength
has a positive correlation on the Financial Performance of a company. Concluding that,
Internal Audit does add value to a company.
Main subject category:
Social, Political and Economic sciences
Keywords:
Internal Audit, Financial Performance
