Audit Tools and Techniques: Crucial Dimensions of Internal Audit Engagements in South Africa

Abstract

The paper presents secondary empirical data from the Common Body of Knowledge study, on the use of audit tools and techniques by internal auditors in South Africa and compared its findings on South African internal audit functions with those of developed regions. It investigates the current use of the audit tools and techniques by the internal auditors in South Africa. This paper also reviewed relevant literature to support arguments for the use of audit tools and techniques by the internal auditors. The study found that internal audit functions in South Africa use audit tools and techniques similar to that of developed regions. The paper also found that internal auditors mostly use audit tools and techniques, such as risk based planning electronic, communication, analytical reviews and working papers. The paper concludes that, while other audit tools and techniques are important to have, the most preferred enhances the quality of the audit process.

Factors affecting the internal auditors’ effectiveness in the Jordanian public sector

“…For example, Tackie et al (2016) found that the support of top management has no effect on IA effectiveness in decentralised local government administrative systems. Nevertheless, the majority of previous studies have evidenced a significantly positive relationship between the top management empowerment and the internal auditors’ effectiveness (Alzeban and Gwilliam, 2014; Endaya and Hanefah, 2016; Ma’ayan and Carmeli, 2015; Motubatse et al , 2015a; Poltak et al , 2019; Usang and Salim, 2016a, 2016b). For instance, Alzeban and Gwilliam (2014) found that the top management support is a key driver for IA effectiveness in the Saudi public sector.…”

Reorentasi Audit Internal Untuk Melawan Korupsi Pengadaan

“…Sebaliknya, Christopher (2015) menyebutkan bahwa Audit internal sendiri memegang peranan penting dalam mendeteksi untuk mengurangi terjadinya perilaku korupsi. Barišić & Tušek (2016) dan Motubatse, Staden, Steyn, & Erasmus (2015) berargumentasi bahwa audit internal juga bagian dari teori agensi (agency theory) yang dapat membantu prinsipal dalam memberikan audit independen. Audit internal juga bagian dari interpretasi teori agensi yang memiliki beberapa alasan di antaranya: hubungan fungsional auditor internal-eksternal, penggunaan pihak ketiga dalam pelaksanaan audit internal, dan restrukturisasi departemen auditor internal (Aikins, 2013;Liston-Heyes & Juillet, 2019).…”