Optimizing Internal Audit and Control System Through Absorptive Capacity Development

Abstract

The business environment becomes increasingly complex, organizations must find ways to optimize their internal audit and control systems to keep pace with the changing landscape. Developing absorptive capacity can play a critical role in achieving this goal. By identifying, assimilating and utilizing new knowledge, organizations can improve their internal audit and control systems and increase their chances of success in today's rapidly changing environment. The findings of this research will provide valuable insights for practitioners and researchers on how to improve internal audit and control systems through the development of absorptive capacity. Organizations that can develop their absorptive capacity will be better equipped to identify new risks and opportunities, assimilate new information and technologies, and utilize this knowledge to improve their internal audit and control systems.