Metric and Non-metric Indicators for Assessing the Quality of Internal Audit in the Public Sector: Specificity and Application of the Assessment Scales

Abstract

The overall process of evaluating the quality of internal auditing in the public sector is a systematic collection and processing of different types of data and information. Quantitative and qualitative data are transformed and processed by appropriate quantitative and qualitative methods, using the appropriate metric and non-metric parameters and parameters to characterize the status of the objects surveyed. We believe that for an in-depth examination and determination of the state of internal audit, all available data, facts and circumstances, on the basis of which the relevant quantitative or non-quantifiable information is derived, shall be taken into account. Limiting the scope of the study, based solely on quantitative or non-quantifiable data and information, is a prerequisite for incorrect and inaccurate outlining and formulating conclusions about the state of internal audit. The different types of information sources define both the appropriate forms and methods of internal audit, and respectively, they are a prerequisite for the output of certain results by which both the incentive system and the impact system for the implementation of the regulatory control function are being developed.