You are not logged in.

Factors associated with attributes of internal audit departments : a canonical analysis

Mihret, Dessalegn Getie 2010, Factors associated with attributes of internal audit departments : a canonical analysis, African journal of accounting, economics, finance and banking research, vol. 6, no. 6, pp. 42-61.

Attached Files
Name Description MIMEType Size Downloads

Title Factors associated with attributes of internal audit departments : a canonical analysis
Author(s) Mihret, Dessalegn Getie
Journal name African journal of accounting, economics, finance and banking research
Volume number 6
Issue number 6
Start page 42
End page 61
Total pages 20
Publisher Global Business Investments and Publications
Place of publication Mansfield, Conn.
Publication date 2010-10-09
ISSN 1933-3404
1933-3463
Keyword(s) Internal audit
internal audit context
corporate governance
canonical analysis
Ethiopia
Summary This study explores internal audit (IA) practices in selected Ethiopian organizations to identify factors associated with attributes of IA departments. Analytical questionnaire survey responses of 188 IA directors and staff from Ethiopian government ministries, state-owned enterprises and private companies were used. Canonical analysis results show that IA proficiency, scope of IA work and quality of IA planning and execution are higher in organizations where organizational policy authorizing IA is clearly defined, organizational risk exposure is high and internal audit's linkage with external audit is strong. The findings suggest that in organizations that are exposed to high risk, management tends to appreciate IA's assistance in managing risk and thus strengthens IA. Results also suggest the importance of internal and external audit linkages and IA charter (or similar organizational policy) to strengthen IA. The study provides further evidence of differences in IA attributes between public and private sector entities.
Language eng
Field of Research 150102 Auditing and Accountability
Socio Economic Objective 910402 Management
HERDC Research category C1.1 Refereed article in a scholarly journal
Persistent URL http://hdl.handle.net/10536/DRO/DU:30065226

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
Connect to link resolver
 
Link to Related Work
 
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Versions
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Scopus Citation Count Cited 0 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 147 Abstract Views, 1 File Downloads  -  Detailed Statistics
Created: Wed, 30 Jul 2014, 16:11:02 EST by Leanne Swaneveld

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.