Assessment of Internal Audit practices: A Case of Oromia Special Zone in Finfine Area
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Date
2018-01
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Addis Ababa University
Abstract
The purpose of the study was to assess how internal audit practices are applied in the
Internal audit department’s of selected public sectors in oromia special zone around
Finfine. Accordingly internal audit quality, In-dependency, objectivity, Proficiency and
Performance of the audit work has been taken as major parameters for comparison.120
Questionnaires were distributed for population. Questionnaires were designed to
Measure the level of agreement of the respondents on the applicability of each
Parameter.The result shows competency in terms of educational level background and
Experience is in line with the standards. Though majority of the respondents are agreed
That they are working as per internal auditing standards, a number of auditors agreed on The compliance. Auditors responded that there are inherent conflicts in reporting
Responsibilities and most of they agreed that there is no opportunities to undertake Continuous professional development activities because there is no management part
Which prepare the chance rather than attached them with internal functional areas.
Description
A Project Submitted to the Department of Accounting and
Finance in partial Fulfillment of the Requirements for the
Degree of Masters of Science in Accounting and Auditing.