The Role of Internal Audit in Organization Goals Achievements: A Security of Exchange Commission of Pakistan (SECP) Perspective
Research Journal of Finance and Accounting
View Archive InfoField | Value | |
Title |
The Role of Internal Audit in Organization Goals Achievements: A Security of Exchange Commission of Pakistan (SECP) Perspective
|
|
Creator |
Saud, Shah
|
|
Description |
There is currently considerable interest in the topic of internal audit and its contribution to the organization goals. Internal auditing could be used as mechanisms of risk management, corporate governance and internal control. The paper aims at examining the relation between internal audit and organization goals. In this paper, at first, the conceptual approach of internal audit, which could be used as a mechanism of risk management, corporate governance and internal control, is analyzed. Then, integrated categorization of the responses received from the SECP internal audit staff is depicted in three different tables (i.e. Coded in Common Pattern (Table 1), Word Frequencies (Table 2), and Linked Table (Table 3)). After that the role of internal audit in organization’s goals explanatory model presented. Finally, I suggest these areas for further research. The results point out that internal audit is not only vital in the efficient risk management, internal control and corporate governance but also play a crucial role in the business survival and success. Keywords: The Institute of Internal Auditors (IIA), Internal Auditing (IA), Security of Exchange Commission (SEC), Committee of Sponsoring Organizations of the Treadway Commission (COSO), Corporate Goals.
|
|
Publisher |
The International Institute for Science, Technology and Education (IISTE)
|
|
Date |
2016-01-02
|
|
Type |
info:eu-repo/semantics/article
Peer-reviewed Article info:eu-repo/semantics/publishedVersion |
|
Format |
application/pdf
|
|
Identifier |
http://iiste.org/Journals/index.php/RJFA/article/view/27835
|
|
Source |
Research Journal of Finance and Accounting; Vol 6, No 24 (2015); 13-19
|
|
Language |
eng
|
|
Relation |
http://iiste.org/Journals/index.php/RJFA/article/view/27835/28552
|
|
Rights |
Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Copyrights for articles published are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.
|
|