Factors that Affect the Performance of Internal Auditors: The Case of Some Selected Government Ministries in Ethiopia
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Date
2018-03
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Addis Ababa University
Abstract
The main purpose of this study was to investigate factors that affect internal auditor performance
in theEthiopian government ministries. To this end, the following basic research objectives have
been set: to examine the effect of internal auditor’s Competency on performance of internal
auditors, to assess the effect of salary and benefit on performance of internal auditors, to
examine the effect independence on performance of internal auditors, to find out how working
environment influence performance of internal auditors, to assess the effect of management
support on performance of internal auditors and to examine the influence of having industry
specialization on performance of internal auditors.The study was descriptive in nature and data
were gathered through questionnaires. The study was continued byfederal government
ministries. The respondent was 74 internal auditors.The sample was selected 7government
ministries by purposive sampling selection techniques from 23government ministries. Data
collected with thestructured questionnaire was analysis by both descriptive and inferential
statistics.The result of correlation indicated that the correlation between dependent variable and
Salary and Benefits was positively correlated which is highly correlated than the other variables.
This suggests that employees (internal auditors) effectiveness decreases unless they are getting
enough fair salary and benefits. So, Salary and Benefits can highly positively associate with the
performance of internal auditors than the other independent variables. Moreover, all the
independent variables are found to be apositive correlation with dependent variables.
Description
A Project paper Submitted to theDepartment of Accounting and finance College of Business and
EconomicsPresented in Partial Fulfillment of the Requirements for the Degree Master of Science
in Accounting and Auditing
Keywords
Audit competence, Industry Specialization, Independence