As one of the important tools for improving internal control, internal audit is a structure that supports the efforts of
the entity to achieve its objectives.It contributes to the discovery of items which have special importance in the
performance of the entity, analyzing strengths and weaknesses considering how leadership, culture operation, threats
and opportunities may affect the achievement of objectives.Decisive role in implementing performance
measurement systems is the responsibility of the public managers, but the support of the implementation and feedback, returns to auditors.
For audit function to be effective, it is vital that audit structures are independent, a requirement imposed by the
Lima Declaration (Lima Declaration of Guidelines on Auditing public finances, developed by INTOSAI and adopted
at the Ninth Congress of the organization, held in Lima, Chile, in 1977. Available at
http://www.ccrm.md/file/lima/LIMAro.pdf). This means that internal auditors should be reported to a higher authority
level, as top management.
In the international literature, specialized in the field, and according to studies conducted by
PricewaterhouseCoopers before spreading financial crisis events, it is specified that the period was characterized by
increasing internal audit's role in risk management process.