Audit committee characteristics and its role in monitoring internal audit function
The importance of internal audit as internal governance mechanism has been emphasized in the Malaysian Code of Corporate Governance (MCCG) where the companies should establish the internal audit function. To ensure the effectiveness of internal control functions, audit committee is entrusted to mon...
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| Format: | Conference or Workshop Item |
| Language: | English |
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0218
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| Online Access: | https://repo.uum.edu.my/id/eprint/25458/1/ICSTB%202018%20106_1.PDF |
| _version_ | 1803628937135259648 |
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| author | Mohamad Nor, Mohamad Naimi Ishak, Suhaimi |
| author_facet | Mohamad Nor, Mohamad Naimi Ishak, Suhaimi |
| author_sort | Mohamad Nor, Mohamad Naimi |
| collection | UUM |
| description | The importance of internal audit as internal governance mechanism has been emphasized in the Malaysian Code of Corporate Governance (MCCG) where the companies should establish the internal audit function. To ensure the effectiveness of internal control
functions, audit committee is entrusted to monitor andscrutinize internal audit activities. There are several audit committee characteristics that can be considered to determine their effectiveness in monitoring internal audit activities. This article highlighted four characteristics of audit committee that might influence their monitoring role, namely audit committee expertise, business, meeting and independence The article is ended with some suggestions for future research to be undertaken in examining the importance of audit committee and internal audit in Malaysia. |
| first_indexed | 2024-07-04T06:29:53Z |
| format | Conference or Workshop Item |
| id | uum-25458 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:29:53Z |
| publishDate | 0218 |
| record_format | dspace |
| spelling | uum-254582019-01-22T23:42:55Z https://repo.uum.edu.my/id/eprint/25458/ Audit committee characteristics and its role in monitoring internal audit function Mohamad Nor, Mohamad Naimi Ishak, Suhaimi HG Finance The importance of internal audit as internal governance mechanism has been emphasized in the Malaysian Code of Corporate Governance (MCCG) where the companies should establish the internal audit function. To ensure the effectiveness of internal control functions, audit committee is entrusted to monitor andscrutinize internal audit activities. There are several audit committee characteristics that can be considered to determine their effectiveness in monitoring internal audit activities. This article highlighted four characteristics of audit committee that might influence their monitoring role, namely audit committee expertise, business, meeting and independence The article is ended with some suggestions for future research to be undertaken in examining the importance of audit committee and internal audit in Malaysia. 0218 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/25458/1/ICSTB%202018%20106_1.PDF Mohamad Nor, Mohamad Naimi and Ishak, Suhaimi (0218) Audit committee characteristics and its role in monitoring internal audit function. In: Proceeding: 1st International Conference on Sustainability, Technology and Business (ICSTB 2018), 27-28 October 2018, Novotel Hotel, Melaka Malaysia. |
| spellingShingle | HG Finance Mohamad Nor, Mohamad Naimi Ishak, Suhaimi Audit committee characteristics and its role in monitoring internal audit function |
| title | Audit committee characteristics and its role
in monitoring internal audit function |
| title_full | Audit committee characteristics and its role
in monitoring internal audit function |
| title_fullStr | Audit committee characteristics and its role
in monitoring internal audit function |
| title_full_unstemmed | Audit committee characteristics and its role
in monitoring internal audit function |
| title_short | Audit committee characteristics and its role
in monitoring internal audit function |
| title_sort | audit committee characteristics and its role in monitoring internal audit function |
| topic | HG Finance |
| url | https://repo.uum.edu.my/id/eprint/25458/1/ICSTB%202018%20106_1.PDF |
| work_keys_str_mv | AT mohamadnormohamadnaimi auditcommitteecharacteristicsanditsroleinmonitoringinternalauditfunction AT ishaksuhaimi auditcommitteecharacteristicsanditsroleinmonitoringinternalauditfunction |