The relationship between internal audit characteristic, audit committee characteristic and interaction between internal audit and audit committee on internal audit contribution / Hasnah Haron and Tong Chue Qun.
Internal auditing has becomes as an important tool in helping an organisation to achieve its objectives. Organisations with internal audit activities capable to identify business risks, and system inefficiencies and ineffectiveness, take appropriate corrective actions, and ultimately support continu...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Teknologi MARA Selangor
2016
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| Online Access: | https://ir.uitm.edu.my/id/eprint/30963/ |
| _version_ | 1848807632762044416 |
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| author | haron, Hasnah Tong, Chue Qun |
| author_facet | haron, Hasnah Tong, Chue Qun |
| author_sort | haron, Hasnah |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | Internal auditing has becomes as an important tool in helping an organisation to achieve its objectives. Organisations with internal audit activities capable to identify business risks, and system inefficiencies and ineffectiveness, take appropriate corrective actions, and ultimately support continuous improvement. Therefore, its contribution must be monitored in order to maintain and enhance the credibility of internal audit. The objectives of this study are, therefore, to investigate the contribution of
internal audit and its determinants of internal audit characteristics, audit committee characteristics, and interaction between internal audit and audit committee. Questionnaires were distributed to 413 public listed companies in Bursa Malaysia and 172 responses were received. The finding showed that internal audit contributed the most in internal control. The result revealed that internal audit competence has a significant effect on internal contribution. Hence, internal audit team should consist of member with different expertise; both in technical and soft skills. Factors related to audit committee and interaction between audit committee and internal audit were not found to be significant. The relationship between audit committee and internal audit needs to be reinforced for better oversight mechanism. The Malaysian Code of Corporate Governance (MCCG) and the International Professional Practice Framework (IPPF) should require higher compliance to IPPF with the disclosure on the audit committee activities. |
| first_indexed | 2025-11-14T22:45:55Z |
| format | Article |
| id | uitm-30963 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:45:55Z |
| publishDate | 2016 |
| publisher | Universiti Teknologi MARA Selangor |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-309632020-06-15T03:32:00Z https://ir.uitm.edu.my/id/eprint/30963/ The relationship between internal audit characteristic, audit committee characteristic and interaction between internal audit and audit committee on internal audit contribution / Hasnah Haron and Tong Chue Qun. mar haron, Hasnah Tong, Chue Qun Accounting. Bookkeeping Auditing. Auditors Internal auditing Internal auditing has becomes as an important tool in helping an organisation to achieve its objectives. Organisations with internal audit activities capable to identify business risks, and system inefficiencies and ineffectiveness, take appropriate corrective actions, and ultimately support continuous improvement. Therefore, its contribution must be monitored in order to maintain and enhance the credibility of internal audit. The objectives of this study are, therefore, to investigate the contribution of internal audit and its determinants of internal audit characteristics, audit committee characteristics, and interaction between internal audit and audit committee. Questionnaires were distributed to 413 public listed companies in Bursa Malaysia and 172 responses were received. The finding showed that internal audit contributed the most in internal control. The result revealed that internal audit competence has a significant effect on internal contribution. Hence, internal audit team should consist of member with different expertise; both in technical and soft skills. Factors related to audit committee and interaction between audit committee and internal audit were not found to be significant. The relationship between audit committee and internal audit needs to be reinforced for better oversight mechanism. The Malaysian Code of Corporate Governance (MCCG) and the International Professional Practice Framework (IPPF) should require higher compliance to IPPF with the disclosure on the audit committee activities. Universiti Teknologi MARA Selangor 2016-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/30963/1/AJ_HASNAH%20HARON%20MAR%20B%2016.pdf haron, Hasnah and Tong, Chue Qun (2016) The relationship between internal audit characteristic, audit committee characteristic and interaction between internal audit and audit committee on internal audit contribution / Hasnah Haron and Tong Chue Qun. (2016) Management & Accounting Review (MAR) <https://ir.uitm.edu.my/view/publication/Management_=26_Accounting_Review_=28MAR=29.html>, 15 (1). pp. 1-28. ISSN 2550-1895 http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/568 |
| spellingShingle | Accounting. Bookkeeping Auditing. Auditors Internal auditing haron, Hasnah Tong, Chue Qun The relationship between internal audit characteristic, audit committee characteristic and interaction between internal audit and audit committee on internal audit contribution / Hasnah Haron and Tong Chue Qun. |
| title | The relationship between internal audit characteristic, audit committee characteristic and interaction between internal audit and audit committee on internal audit contribution / Hasnah Haron and Tong Chue Qun. |
| title_full | The relationship between internal audit characteristic, audit committee characteristic and interaction between internal audit and audit committee on internal audit contribution / Hasnah Haron and Tong Chue Qun. |
| title_fullStr | The relationship between internal audit characteristic, audit committee characteristic and interaction between internal audit and audit committee on internal audit contribution / Hasnah Haron and Tong Chue Qun. |
| title_full_unstemmed | The relationship between internal audit characteristic, audit committee characteristic and interaction between internal audit and audit committee on internal audit contribution / Hasnah Haron and Tong Chue Qun. |
| title_short | The relationship between internal audit characteristic, audit committee characteristic and interaction between internal audit and audit committee on internal audit contribution / Hasnah Haron and Tong Chue Qun. |
| title_sort | relationship between internal audit characteristic, audit committee characteristic and interaction between internal audit and audit committee on internal audit contribution / hasnah haron and tong chue qun. |
| topic | Accounting. Bookkeeping Auditing. Auditors Internal auditing |
| url | https://ir.uitm.edu.my/id/eprint/30963/ https://ir.uitm.edu.my/id/eprint/30963/ |