Impacts of internal audit on the financial performance of commercial banks in Malaysia

It has been widely accepted that an internal audit is a simple administrative function that involves reviewing documents, calculating assets, and reporting to the Board of Directors, Management, or External Auditors. Due to a lack of personnel and management support, as well as inadequate trainin...

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Bibliographic Details
Main Author: Muhammad Azri Nor Hashim
Format: Thesis
Published: 2022
Subjects:
Online Access:https://library.oum.edu.my/repository/1539/
Description
Summary:It has been widely accepted that an internal audit is a simple administrative function that involves reviewing documents, calculating assets, and reporting to the Board of Directors, Management, or External Auditors. Due to a lack of personnel and management support, as well as inadequate training and development, Malaysia suffers from significant Internal Audit deficiencies. Yet there hasn't been an in-depth examination of the above concerns with a focus on the fundamental causes of successful internal auditing, notably in commercial banks. Therefore, the current study examines the impacts of internal audits on the financial performance of commercial banks in Malaysia. In this regard, a descriptive research approach will be employed to address the research questions. (Absrract by author)