Effective Sizing of Internal Audit Departments
- Item No. : 5013
- ISBN : 978-0-89413-688-7
- 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
- Page count : 80
- Dimensions : 7x10
- Member Price : $25.00
- Non-Member Price : $35.00
NEW! From The IIA Research Foundation!
How much of a company’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 regulators and stock exchange requirements demand the presence of internal auditing for registered companies. Yet, companies 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 a conceptual model of internal audit effective-sizing.
Characteristics of the company,
Characteristics of the governance structure of the company,
- The mission of the internal audit department as seen by management, the audit committee, and the internal audit department,
- The internal audit value proposition as executed by the internal audit department,
- The alignment of internal audit with management and audit committee expectations,
- Various characteristics of the internal audit department (e.g., staffing), and
Internal audit service quality.