Affiliation:
1. Middle Tennessee State University
Abstract
SUMMARY
We examine factors associated with internal audit function (IAF) size in U.S. government and nonprofit (GNP) entities. Our results, based on responses from 345 GNP participants, indicate several factors related to organizational characteristics, IAF characteristics, IAF responsibilities, and information technology (IT) tools and audit activities that are associated with IAF size. Specifically, we find IAF size is positively associated with: (1) mandated IAFs, (2) activity related to audits of general IT risks, (3) use of a rotational staffing model, (4) degree of fraud detection responsibility, (5) conduct of performance audits, (6) extent of sophisticated audit technologies, (7) organization size, (8) opportunity to receive a bonus, and (9) age of the IAF. IAF size is negatively related to (1) extent of access to records and property appropriate for the performance of audits, (2) nonprofit organizations, (3) healthcare institutions, and (4) educational institutions. Additional analysis reveals variation between large and small organizations.
Publisher
American Accounting Association
Reference53 articles.
1. Aikins,
S.
2013.
Government internal auditors: The determinants of quality supervisory review of audit documentation.
International Journal of Public Administration36 (
10):
673–
685.
https://doi.org/10.1080/01900692.2013.791309
2. Aikins,
S.
2017.
An investigation of the relationships between time invested in government internal audit projects and audit outcomes.
Journal of Accounting and Finance17 (
7):
159–
173.
3. Alhajri,
M.
2017.
Factors associated with the size of internal audit functions: Evidence from Kuwait.
Managerial Auditing Journal32 (
1):
75–
89.
https://doi.org/10.1108/MAJ-12-2015-1289
4. Allegrini,
M.,
D'Onza
G.,
Melville
R.,
Sarens
G.,
and
SelimG.
2011.
What's Next for Internal Auditing? Report IV.
Altamonte Springs, FL:
Institute of Internal Auditors Research Foundation.
5. Anderson,
R.,
and
SvareJ.
2011.
Imperatives for Change: The IIA's Global Internal Audit Survey in Action.
Altamonte Springs, FL:
Institute of Internal Auditors Research Foundation.
Cited by
5 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献