Abstract

The article presents the main definitions of the effectiveness of internal audit. The analysis of the regulatory regulation of the effectiveness of internal audit is carried out. The target effectiveness of internal audit is determined. The constituent elements of the effectiveness of internal audit are given. The evaluation of the specific weights of the relevant elements of the effectiveness of internal audit was carried out. The influence of the indicator “plan implementation” on the target effectiveness of internal audit is shown. The substantiation of the number of sample elements subject to detailed audit procedures is presented. A typical formula for calculating the effectiveness of internal audit for an organization is given.

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