Effective Sizing of Internal Audit Activities for Colleges and Universities
- Item No. : 5014
- ISBN : 978-0-89413-689-4
- Publisher : The IIA Research Foundation
- Publish Date : November 2010
- Authors : Urton L. Anderson, Ph.D, CIA, CCSA, CFSA, CGAP
Margaret H. Christ, Ph.D, CIA
Karla M. Johnstone, Ph.D
Larry Rittenberg, Ph.D, CIA
- Media : Paperback with CD/DVD
- Page count : 66
- Dimensions : 7x10
- Member Price : $25.00
- Non-Member Price : $35.00
How much of an institution’s resources should be allocated to the function of internal auditing? It is widely accepted that internal auditing is a key element of internal control, and that it is key to the performance and accountability demands of colleges and universities. Yet, institutions often struggle to know whether the investments they make in resource allocations for internal auditing are appropriate and effective.
The purpose of this research is to develop and test a conceptual model of internal audit effective-sizing.
Characteristics of the college or university.
Characteristics of the governance structure of the college or university.
Mission of the internal sudit activity as seen by management, the Board of Regents, and the internal audit function.
The internal audit value proposition as executed by the internal audit activity.
The alignment of internal audit with management and Board of Regents expectations.
Various characteristics of the internal audit activity (e.g., staffing).
Internal audit service quality.