Factors Determining the Internal Audit Effectiveness in Ethiopia in the Case of FDRE Ministries
No Thumbnail Available
Date
2020-03
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
A.A.U.
Abstract
Internal Audit is the backbone of an organization as an internal control method. Where the effective IAD is, the organization is strong and effective in its activities. Internal audit has an essential role in helping a firm to achieve its objectives. The budgetary public sector entities are liable for the appropriate utilization of public resources. Despite the fact is the internal audit system implemented in FDRE ministers in Ethiopia since 1942; the attention given to its effectiveness is too low. Thus, the main purpose of this study is to identify the determinants of internal audit effectiveness in FDRE ministers in Ethiopia.. The study used explanatory research design and mixed research method. The research conducted on all (19) Executive organs. The quantitative method administered through adapted and constructed in 5-point Likert scale questionnaires and distributed to all FDRE excutive organ’s Internal Auditors. From the responses 77 efficient questionnaires, response taken and analyzed using state statistical software. The results of the analysis showed that the management Support and quality of audit work have statistically significant and positive relation with EIA; the organizational independence of internal auditors has statistically not significant and positive relation with EIA.
Description
A thesis Submitted to the Department of Accounting and Finance, College of Business and Economics, Addis Ababa University, In Partial Fulfillment of the Requirement of Master of Science (Msc)
In Accounting and Finance
Keywords
Effectiveness of internal audit, FDRE Ministries, internal auditors