The Impact of Internal Audit Efficiency on Financial Performance

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The Impact of Internal Audit Efficiency on Financial Performance

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  • September 14, 2022
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ABSTRACT
The research objective was to examine the impact of internal audit efficiency on financial performance. A descriptive cross-sectional research design was used for this study to analyze data from respondents that were drawn from various firm’s Human resource, Finance, Audit and Procurement departments. These data were evaluated with SPSS 28.0 using simple regression analysis. The study’s findings demonstrated that internal audit and financial performance have significant relationship with each other. Therefore, the findings suggest that for rapid improvement of organization financial performance management of companies must discover new ways of strengthening the internal audit department.

Keywords: Internal Audit Efficiency, Internal Control, Internal Audit Quality

Authorship: Egiyi, M. A. PhD and Okafor, V. I. PhD | FULL PDF

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