Abstract:
The purpose of this study is to highlight internal audit strategic role in increasing corporate governance effectiveness. Based on the framework presenting factors contributing to the internal audit effectiveness, this research paper aims to examine those factors in the perspective of Vision 2020. With these characteristics identified, the results of our study are contributing to the improvement of internal audit. Starting from a systemic approach of internal audit and internal control, our research intends to identify the synergies between internal audit functions and their impact on corporate governance quality. Moreover, technological advancement seems to have a crucial influence on internal audit. Our findings suggest that, by means of technologies’ optimization, we will come to change the perspective of internal audit which will require more sophisticated tools and applications. For this goal, we elaborated a conceptual model for the analysis of internal audit effectiveness hoping that the results of our research would open the way for future studies in the operational field. By testing our model, we consider that this issue will determine managers to build appropriate organizational strategies in order to cover organizational risks.
