EFFECTIVENESS OF INTERNAL AUDITING PRACTICE (CASE STUDY IN WOLKITE UNIVERSITY)

Abstract

For every organization, establishing and maintaining proper internal audit is unquestionable. Therefore, this study, which is undertaken on the topic of “the effectiveness of internal audit of Wolkite University’’ The main purpose of this study is to investigate effectiveness of internal auditing practice in wolkite university. In addition, the study has the following objectives; To examine the contributions of management support for IAE in wolkite university, To examine the contributions of organizational independence of internal auditors for IAE in wolkite university. To assess the contribution of organization setting on intermarry audit effectiveness in organization. And to assess the contribution of internal audit quality on internal audit effectiveness in the organization.This research incorporates five chapters which deals with the overall problems related to internal audit practices. The first chapter consists of the introduction part including background of the study, statement of the study objectives of the study significant of the study scope and limitation of the study. The second part of the paper deals with the literature review of internal audit role that obtained from different reference materials like researches previously conducted by other researchers and books. In third chapter deal the methodology of the study. For obtaining data regarding the internal audit of the organization, the researcher use primary data. Primary data would be gathering through questionnaire and structured and unstructured interview. The data collected are qualitative and quantitative in nature the technique will use in selecting the respondents is census method. The fourth chapter deals about data analysis and interpretation. And the last chapter deals about conclusions and recommendation.