This study aims to examine two aspects of internal audit
quality, namely internal audit competency and internal audit
contribution to financial statement audits. Consistent with the
substitution view, this study predicts a negative relationship
between the competency aspects of internal audit (the tenure of
the existence of internal audit in the organization, internal
audit staff expertise in IT and computer skills, training hours,
internal audit staff professional certifications in accounting
and auditing, and internal audit staff experience in auditing)
and audit fees. Second, this study tests whether the
contribution of internal auditors to financial statement audit
reduces audit fees. The data analysis is based on a
cross-sectional regression model with observations of 73
public-listed firms in Malaysia, which include publicly
available data matched with survey responses from their
internal and external auditors.
This study aims to examine two aspects of internal audit
quality, namely internal audit competency and internal audit
contribution to financial statement audits. Consistent with the
substitution view, this study predicts a negative relationship
between the competency aspects of internal audit (the tenure of
the existence of internal audit in the organization, internal
audit staff expertise in IT and computer skills, training hours,
internal audit staff professional certifications in accounting
and auditing, and internal audit staff experience in auditing)
and audit fees. Second, this study tests whether the
contribution of internal auditors to financial statement audit
reduces audit fees. The data analysis is based on a
cross-sectional regression model with observations of 73
public-listed firms in Malaysia, which include publicly
available data matched with survey responses from their
internal and external auditors.
การแปล กรุณารอสักครู่..