| Summary: | Corporate governance codes and internal auditing standards released around the globe emphasized
the importance of high quality audit committee-internal auditor relationship. Accumulating
academic research output (eg. Cohen, krishnamoorthy and Wright, 2007; Van-Peursem, 2005)
further reinforce the benefits of such relationship towards the firrm’s, particularly in ensuring
firrm’s financial reporting quality, utilizing materials grounded in auditing and organizational
psychological literature, this paper attempts to (i) conceptually define the quality of audit
committee-internal auditor relationships and (ii) suggests practical approaches in ensuring high
quality relationship could be established in public listed companies.
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