Factors that contribute to the effectiveness of internal audit in public sector
| dc.contributor.author | RUKAYA ISSAH | |
| dc.date.accessioned | 2024-03-01T08:47:03Z | |
| dc.date.available | 2024-03-01T08:47:03Z | |
| dc.date.issued | 2021 | |
| dc.description | A thesis submitted to the department of accounting and finance college of humanities and social science in partial fulfillment for the award of master of science in accounting and finance | |
| dc.description.abstract | Internal auditing contributes greatly to the performance of an organisation. Available empirical evidence suggests that,factors accounting to internal audit effectiveness include ownership and perception, firm size, the nature of occupational governance and other regulatory factors. To really benefit from internal auditing, managers must ensure that appropriate mechanisms are used to help monitor and motivate auditors to adequately perform their auditing roles to achieve desirable outcomes. The main objective of the study is to explore the factors that contribute to the effectiveness ofinternal audit in some selected public agencies in the Kumasi metropolitan areas of Ghana. Specifically, the study focused on; the effect of internal audit quality, internal audit competency, management support and the effect of organisational setting on internal audit effectiveness. The study adopted quantitative research approach and primary data. Structured questionnaire was used to gather primary data from 75 respondents in public agencies in the Kumasi metropolis of Ghana. The study revealed that, internal audit staff competency was a significant factor that contribute to the effectiveness of internal audit. Moreover, the study found that, internal audit quality was not a significant factor that contribute to the effectiveness of the internal audit. Again, the study found that, internal audit organisational setting was a significant factor that contributes to the effectiveness of internal audit. However, management support for internal audit was not a significant factor that contribute to the effectiveness of internal audit. The study concludes that,internal audit staff competency and internal audit organisational setting significantly influence internal auditeffectiveness. Therefore, the study recommends that,the public sectors should have competent internal auditors who are proactive, have enough education and also attend educational seminars for continuous training in order to enhance the effectiveness of the sector. | |
| dc.identifier.uri | https://ir.knust.edu.gh/handle/123456789/15616 | |
| dc.language.iso | en | |
| dc.publisher | KNUST | |
| dc.title | Factors that contribute to the effectiveness of internal audit in public sector | |
| dc.type | Thesis |