Monday, June 22, 2015

Internal Audit - Its Role in Corporate Governance

My new article in Social Science Research Network (SSRN)

Abstract:      

In India, appointment of internal auditor has been made mandatory for listed and certain other classes of companies by the Companies Act 2013. This is an inflexion point for the internal audit as the new provision gives an opportunity to internal auditors to claim their rightful position in companies by strengthening their relationship with the audit committee of the board of directors (Board). However, achieving recognition as a valuable function also requires providing services that are needed by the Board to enable it to play an effective role in corporate governance. Contemporary internal audit serves both the management and the Board. This paper examines the scope of internal audit.

6 comments:

  1. This comment has been removed by the author.

    ReplyDelete
  2. Very well written article. It was an awesome article to read. Complete rich content and fully informative. Small Parcel Audit

    ReplyDelete
  3. I liked your work and the way in which you have shared this article here about Business. It is a beneficial and helpful article for us. Thanks for sharing an article like this.Iso 9001 south Dakota

    ReplyDelete
  4. Are you getting tired of experiencing leaks within your home? Do you want to put a permanent solution to that constant problem you’re having whenever the weather is in its extremes?metal roofing pinellas county fl

    ReplyDelete
  5. This comment has been removed by the author.

    ReplyDelete