DETERMINANTS OF INTERNAL AUDIT EFFECTIVENESS IN GURAGE ZONE PUBLIC SECTORS, WOLKITE, ETHIOPIA

Abstract

The main intention of this study was identifying the determinants of internal audit effectiveness in GURAGE zone public sectors offices. The researcher gathered data from primary sources. The primary data has been collected by distributing five point Likert scale questioner to the sampled respondent. The study has been conducted by taking purposive sample and the questionnaires were collected from 80managers, development planning officers, ethics and anti-corruption officers, government finance purchasing and property management department officers and theinternal auditor of purposively selected public sectors offices. To attain the objective of the study descriptive and explanatory research design and qualitative research approach was considered. The correlation and multiple linier regression data analysis part were done by using SPSS version 29 and also OLS was used to test the null hypothesis. The demographic variables were analyzed through descriptive statistics tools. To investigate the effect of independent variables on internal audit effectiveness, correlation and regression analysis were used. Additionally, the finding of this study is to indicate the direct relation effects of internal audit independency, auditor’s proficiency, management support, information technology, approved Internal Audit Charter, effective internal control system and performance measurement of internal audit workwith the internal audit effectiveness within the public sector offices. The regression output showsthat each one independent variable: competency of internal auditors, Information technology, and performance measurement of internal audit work were positively related with and contributed significantly for the interior audit effectiveness. This study is vital for both academicians and managers because it helps to advance the understanding of things determining internal audit effectiveness and may accustom solve the sensible problems facing the inner audit within the public sector offices.