Historically, IA departments have faced many challenges; particularly concerning the satisfaction of employees as low employee satisfaction will lead to a decrease in productivity (Shahnawaz and Jafri, 2009) Similarly, Hodge (2012) mentioned that, many
internal auditors have become dissatisfied with the current jobs, which in turn has led to a reduction in productivity within the organization and has decreased the levels of performance.
Conducted researchs on the role of
internal auditors indicate that
internal auditors have significant role in auditing committees [23].
As per the Institute of
Internal Auditors IPPF (International Professional Practice Framework), 'internal audit is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations.
The book focuses on meeting the requirements of the
Internal Auditors and adapting to his position as an added value for any organization.
As noted in the IIA's Position Statement (Whistle-blowing and the
Internal Auditor), whistle-blowing can bring some difficult ethical decisions for the
internal auditor, in the following circumstances where:
The association's founder, Terry McEachern, got the idea for the ACUIA after attending a professional seminar in 1988 when she met a few other credit union
internal auditors.
Established in 1941, The Institute of
Internal Auditors (IIA) is an international professional association with global headquarters in Altamonte Springs, Florida, USA.
The
internal auditor must be independent from activities that are reviewing.
The role of
internal auditors expanded dramatically with the enactment of the Foreign Corrupt Practices Act (FCPA, 1977).
As
internal auditors, we are not independent of DoN, we are part of it.
The core characteristics of the internal audit function require a brief presentation because in some circumstances some of the internal audit functions are carried out by government employees who do not have the title or the formal responsibilities of an
internal auditor, while in other circumstances, government employees with the title of
internal auditor and the putative internal audit responsibilities, do not perform internal audit functions.
Such reliance requires a determination that the
internal auditor is both competent and objective according to PCAOB Auditing Standard 2201, An Audit of Internal Control Over Financial Reporting That Is Integrated With an Audit of Financial Statements.
