INTERNAL AUDIT FUNCTION: A COMPARISON BETWEEN PRIVATE AND PUBLIC SECTORS IN BALKH-AFGHANISTAN

Abstract

This thesis was presented at the University of Istanbul Aydin's MBA program. When properly established, administered, and managed, an internal audit may help an organization accomplish its objectives. Companies that effectively established, ran and managed internal audits became better able to spot their business dangers and inefficiencies in the system, allowing them to take corrective steps and reinforce procedures. The core goal of this paper is to analysing IAF and the comparison of private and public sectors in Balkh-Afghanistan. The research employed a selective sample strategy and included internal auditors from Afghanistan's private and public sectors. The analysis was conducted in the manner of a research study, employing quantitative research methodologies. Self-administered questionnaires are a type of quantitative research instrument. These questionnaires were created on a 5-point Likert scale, sent to Balkh's internal auditors in the P&P sector1 , and evaluated with SPSS2 statistical software. According to the findings, increasing the usage of internal audit competence, internal audit independence, internal audit working quality, and internal audit management system improves IAF in the P&P sectors of Balkh Afghanistan. Some good recommendations could be given the importance of internal audit in the corporate organization, future corporate mechanisms such as the audit committee, external audit, and ownership structure should be examined for their impact on IA effectiveness. In addition, future studies could include larger sample size and the discovery of a scale for evaluating the effectiveness of internal auditing. Also, one may use the effect of Sector of organization, outsourcing of internal audit and management training ground over IAF