Therefore, it is important to have effective internal audit unit as part of modern governance system in public sector offices. In corporate governance internal audit (IA) issue has received increasing attention in recent years, due to different reasons. To mention some of them, internal audit links to stage, proposal writing to the final dissertation write-up. My sincere thanks are also extended to Dr Kokuberwa of University of Dar es salaam and Dr Akyoo of Sokoine University of Agriculture (SUA) Morogoro for proofreading the dissertation draft. Internal Audit at Local Government Level .. 10 Internal Audit and Efficiency and Effectiveness in Public Sector Auditing: An Evaluation of the Comptroller blogger.com MP , Mount Pleasant, Zimbabwe Abstract The study examines the Government Auditing in Zimbabwe in particular the performance of the Comptroller and Auditor General. The study argues that the legislative framework has a bearing on the
The effectiveness of internal audit in promoting good governance in the public sector in Kenya
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Ashish Khilnani. Download PDF Download Full PDF Package This paper. A short summary of this paper. Table of Content Chapter 1 1. Reseach Background 3 1. Problem Statement 4 1. Research Questions 1. Research Objectives 1. Significance of Study 1. Scope of Study 1.
Operational Definitions 1. Proposed Chapters Chapter 2 2. Introduction 2. Defining Topic 2. Literature Review of the Variables 2.
Auditor Independence 2. Competent and Adequate Audit Staff 2. The Approved Internal Audit Charter 2. Relationship between internal auditor and external auditor 2. Sufficient Funding 2. Literature Gap 2.
Conceptual Framework 2. Research Hypothesis 2. Introduction 3. Pilot Study 3. Research Design 3. Sample Size 3. Target Population 3.
Sampling Technique 3. Research Approach 3. Descriptive Analysis 3. Reliability Test 3. Normality Test 3. Linearity Test 3. Correlation Analysis 3. Multiple Regression Analysis 3. This study is done at various public sector offices and these offices will stand for all other sectors. Questionnaires will be distributed to the management team as well as the internal auditors of these public offices. The internal auditors will act audit dissertation effectiveness government in internal the respondants.
The aim of this investigation is to exhibit the relation of internal audit effectiveness in the public sector with factors like the internal audit independance, internal audit competence, the relationship internal auditors have with external auditors as well as the presence of approved internal audit charter.
Internal audit can help organisations evaluate and improve the effectiveness of risk management, internal controls and corporate governance. The public sector offices in a country are represented by the governement and are financed by the governement budget. The public sector works to provide the public with services like banking, education, transportation, communication as well as health and safety MoFED, The internal audit function in these organisations are important to ensure the efficient use of resources within the companies of these fields Mihret and Yismaw, This research aims to study the determinants of internal audit effectiveness in the public sector of Kuala Lumpur, Malaysia.
The public sector offices studied in this research will include governemnt linked companies financed wholly or partially by the governement budget. This research revolves around internal auditors who are meant to work independently to ensure quality assurance Coram et al, ; Van Peursem ; Belay, However, the internal audit function in Malaysia has proven to disregard the objective at hand and can be seen in several scandals that have occurred over the years.
One of the more prominent ones are the Bank Negara Malaysia Forex Scandal in where the bank used the country's reserves for profit making exchanges Shankar, This kind of noncompliance is what makes internal audit effectiveness a matter of discussion in the public sector. Malaysia is an ever developing country and it is therefore vital that an effective control system is implemented with the internal audit function of the public sector to prevent shortcomings, audit dissertation effectiveness government in internal.
This study was carried out to analyze the determinants of internal audit effectiveness in the public sector in Kuala Lumpur, Malaysia like internal auditor independence, internal auditor competence, the presence of an approved internal audit charter as well as the relationship between an internal auditor and an external auditor. Internal audit effectiveness is encouraged as it helps to identify the weak links while still leaving room for improvement in all fields of a corporation.
There is not enough research carried out in the public of Kuala Lumpur as a base for measuring internal audit effectiveness. This study aims to better understand internal audit effectiveness and identidy the factors that contribute to it in the public sector of Malaysia. This research will help public sector offices examine or even reexamine their operations and policies.
Besides, this research could also help future researchers gain an understanding of the coneceptual literature development of the determinants of internal audit effectiveness studied. However, due to lack of time, audit dissertation effectiveness government in internal, money and authorization, the research focuses on only some public sector offices located in Kuala Lumpur, Malaysia.
It is expected that the data collected from these selected public sector offices will represent all of the other offices as replicated data. Effectiveness can generally be defined as the degree to which something is successful when producing a desired result.
Internal auditor indpendence can be defined as an auditors capability of staying objective or independent from people that may have a financial interest in the business being audited. Internal auditor competence is the ability to apply skills, knowledge and proficiencies as an internal auditor to achieve desired results.
An approved internal audit charter is a written document that defines the scope of internal audit activities, regulations, standards, authorities and responsibility IIA, Chapter 1 consists of the background of the research including definitions, objectives and the scope of the study. Chapter two comprimises the literature review of the study which concerns the determinants in depth, audit dissertation effectiveness government in internal. The topic will be clearly defined, the variables will be evaluated, the gap will be identified and the framework will be discussed.
Chapter three consists of the research methodology using the research instruments and measurements. A pilot study will be done prior to the reseach design and approach after which the tests and analysis would take place. Chapter four will go into the findings of the research using several tests and analysis' to measure the hypotheses that were theorised.
Chapter five consists of the conclusion of the research which includes the overall findings based on the research objectives, the implications, the limitations and recommendations for future research. Tranportation, communication, banking, construction and many more big industries are all economically run by the government which is what makes the public sector a very large medium for economic progression. Specifically, the factors used to measure the effectiveness of internal audit was the main focus of this case study.
By revewing several books, case studies and journals, this literature review is going to feature the definitions of internal audit and the term effectiveness as well as the determinants of improvement towards internal audit which are auditor independence, auditor competence, the presence of an approved internal audit charter and the relationship between internal auditors and external auditors. The typical meaning to internal auditing would be the analysis of corporate governance designed to recognize possible threats by monitoring the company while also acting as a consulting agent for risk management, all audit dissertation effectiveness government in internal the company's best interest Yismaw, Audit dissertation effectiveness government in internal can be defined differently through different perspectives.
Arena and Azzone defined effectiveness as "the capacity to obtain results that are consistent with targets". Through audit dissertation effectiveness government in internal analysis of various, audit dissertation effectiveness government in internal, similar definitions, it is gathered that effectiveness is determined by how well one can acheieve its goals audit dissertation effectiveness government in internal applying the factors that contribute to effectiveness.
For internal audit to be effective, all pre-determined goals and objectives must be met. Dittenhofer and Mihret and Yismaw explained that these goals are usually met using the determinants provided for determining such factors. The effectiveness of internal audit in the public sector is is challenged due to the factors that prevent the growth of internal audit effectiveness.
The potential ability for the following factors is in line with theories employed in the current study based on studies done in the past to see the implications between the factors about to be discussed and its interplay on internal audit effectiveness.
Schneider exclaimed that internal auditors are responsible for assessing internal audit performance. Davies also confirms these results by saying that if the internal auditors accept this role to assess performance, audit dissertation effectiveness government in internal, the internal audit function would be more effective.
Desai, et al. His findings indicated that those factors included work performance, competence and objectivity. This study argues that the internal audit function will play an important role in achieving organisational goals and objectives. Austin Chapter Research Committee looked into how internal auditors use performance measures, audit dissertation effectiveness government in internal.
The results showed various examples of how to measure performance but the use of performance measures is still not universal for the internal audit function.
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contribution of internal auditing on its operations. This should go hand in hand with instituting risk mitigation in council’s internal auditing operation. Staffing of the internal audit should be considered critical for the effectiveness of the council internal audit department Audit the Internal Audit at MDC is on average effective. This is because the unit is understaffing and not being fully independent. It is recommended that, first Top management should increase both monetary and non monetary support to Internal Audit in order for them to handle their activities. Second Internal Audit staff should improve the quality of audit work in order for them to add value to their 4 Effective Internal Auditing in the Public Sector Foreword The public sector plays a major role in society and in most jurisdictions, and the resulting public expenditure forms a significant part of gross domestic product (GDP). In APEC (Asia-Pacific Economic Cooperation)1 encouraged its member economies (which includes Australia)
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