Requirements for Improving the Quality of Internal Audit in order to Establish the Proper Application of Corporate Governance

Abstract

The objective of this research is to determine the requirements for improving the internal audit quality in order to establish the proper application of corporate governance, where the importance of internal audit function has increased, as well as increased attention to the internal audit quality, and activating corporate governance. The internal audit profession works to help the company to achieve its objectives through providing assurance and advisory services on internal control, risk management and corporate governance. As improving the quality of internal audit reflects its impact on the good application of corporate governance and the establishment of its principles a set of requirements had to be provided that, are considered as factors affecting improving the quality of the internal audit profession, thus promoting the good establishment of corporate governance, adding value to the company and help it to achieve its objectives.

Keywords

• internal audit
• internal audit quality
• requirements to improve internal audit quality
• corporate governance