Document Type
Article
Publication Date
1-1-2016
Publication Source
The Global Internal Audit Common Body of Knowledge (CBOK)
Abstract
Internal audit’s role in organizational governance has become increasingly important in the wake of the recent global financial crisis and the continuing spate of governance failures in both financial and public sectors throughout the world. Informed observers and commentators have asked initially, “Where were the external auditors?” then “Where was the audit committee?” and finally, “Where was internal audit in all this?” This report draws on survey responses from internal auditors in 166 countries to take stock of the current role of internal audit in the governance process and learn how internal audit can better position itself to contribute to effective organizational governance.
Copyright
Copyright © 2016 by The Institute of Internal Auditors Research Foundation (IIARF). All rights reserved.
Publisher
Institute of Internal Auditors Research Foundation
eCommons Citation
Ramamoorti, Sridhar and Siegfried, Alan N., "Promoting and Supporting Effective Organizational Governance" (2016). Accounting Faculty Publications. 100.
https://ecommons.udayton.edu/acc_fac_pub/100
Included in
Accounting Commons, Business Administration, Management, and Operations Commons, Business Law, Public Responsibility, and Ethics Commons, Corporate Finance Commons, Nonprofit Administration and Management Commons
Comments
The document available for download is provided with the permission of the publisher. Permission documentation is on file.
CBOK is administered through The IIA Research Foundation (IIARF), which has provided groundbreaking research for the internal audit profession for the past four decades. Through initiatives that explore current issues, emerging trends, and future needs, The IIARF has been a driving force behind the evolution and advancement of the profession.
The IIA Research Foundation gratefully acknowledges the sponsorship of this report provided by the Raytheon Company.