Internal Audit Practices: A Case of Ethiopian Governmental Higher Educational Institutions
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Date
2009-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Addis Ababa University
Abstract
The main purpose of this study was to investigate challenging
factors that has influenced the Ethiopian higher governmental institutions
to pursue their internal audit practice. The study was continued to four
universities, Adama University, Hawasa University, Harama University
and Addis Ababa University. Seven internal auditors were used as data
source which were selected using convenience sampling techniques. To
obtain
the
required
information
open-ended
and
closed
ended
questionnaires were used as data gathering tools. Then qualitative
approaches were employed to analyze and interpret the filled in data.
The findings of the study showed that lack of proper management
commitment, lack of developmental programs for internal auditors and
other organizational factors were critical factors influencing effectiveness
of IAF in the respective universities.
To alleviate those problems, it is recommended that management
and the audit division of the respective universities has to work jointly to
improve the IAF of their respective universities as per requirements of
international standards
Description
Keywords
Partial Fulfillment of MSC in ccounting and finance