Perception of the Importance of Internal Audit Effectiveness and Its Impact on Organizational Performance in Public Enterprises: Empirical Evidence from Morocco

Abstract

This study investigates the perception of internal audit effectiveness and its impact on the organizational performance of Moroccan public commercial enterprises (OMPAM). Utilizing a mixed-methods approach, the research draws on data from surveys and in-depth interviews with key stakeholders in Moroccan public enterprises. The findings validate the positive correlation between internal audit effectiveness and organizational performance, emphasizing the significant roles of strategic alignment and auditor independence. The results confirm that an effective internal audit function contributes to higher levels of productivity, profitability, and overall organizational health. Additionally, the study highlights the importance of internal audit in promoting transparent governance and mitigating risks associated with unethical practices and irregularities. However, it also acknowledges the challenges posed by resourceintensive and bureaucratic audit processes. This research provides empirical evidence supporting the critical role of internal audit in enhancing governance and accountability in the public sector, offering valuable insights for policymakers and practitioners aiming to optimize internal audit functions within public enterprises.

Keywords

• public management
• internal audit perception
• internal audit effectiveness
• organizational performance
• hybrid organizations