The Modern Internal Audit in The Modern Company

Valeria Dineva

Economic Studies journal, 2018, issue 6, 130-135

Abstract: The mission of the modern internal audit is to support the development of the company and to contribute to the achievement of its objectives. In this context, the need for the internal audit to meet the expectations of stakeholders is becoming increasingly important. Moreover, it requires a proactive role, which includes to provoke needs, provide advice, and to offer opportunities. The modern internal audit must go beyond its traditional role of observer, finder and corrective, and become the engine that inspires changes in the company. In order for this transformation to take place, it is necessary to change the objects and subjects of the internal audit. Corporate culture, corporate social responsibility, ethics, cybersecurity, risk-culture, innovation, strategies, etc. are joined of the objects of internal auditing. All this implies new competences, attitudes and skills of internal auditors.

JEL-codes: G34 M14 M42 (search for similar items in EconPapers)
Date: 2018
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.ceeol.com/search/article-detail?id=745681

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2018:i:6:p:130-135

Access Statistics for this article

More articles in Economic Studies journal from Bulgarian Academy of Sciences - Economic Research Institute Contact information at EDIRC.
Bibliographic data for series maintained by Diana Dimitrova ().