Study on Companies’ Perception Regarding Internal Audit Efficiency
Author:
Mihaela Drăgan Pop, Ph. D.; Univ. Prof. Dumitru Matiş, Ph. D.
JEL:
M42, D22
DOI:
Keywords:
analysis, audit concepts, value-added, internal audit system, study
Abstract:
The current paper represents the result of an expanded research activity involving a case study that uses a questionnaire for determining the companies’ perception regarding internal audit efficiency. Nowadays, the internal audit function becomes more and more important. That is why the authors considered it would be useful for professional accountants to find answers for certain questions, such as: „How satisfied are companies with their current internal audit system?” The results of this study allowed us to achieve a wide perspective of internal audit implementation and organization, reflecting in the same time the motivation for companies to implement an internal audit system. The conclusions of the study reveal that there is a tendency for trading companies to implement the internal audit system, the benefits overwhelming the costs.