Role of Internal Audit in Corporate Governance

Abstract

The primary objective of this study is to evaluate to what extent the current and planed internal audit is positioned to contribute towards one of the major objective of the civil service reform program (CSRP) of ascertaining good organizational governance system in public –private sector for public accountability ,service delivery improvement . To assess the basic Problem , the specific aims of this research focus on answering the following questions: - Is the existing of good quality internal audit system help in realizing corporate governance objectives. -Are the internal audit functions help in the practice of non-mandatory and mandatory corporate governance. To serve this study , Researcher utilize :-the deductive method to determine the frame and Nature of problem . and Also the Inductive method to examine study hypothesis . and the analytical method to analyze data . To achieve study objective researcher constructed hypothesis which are : - The existence of internal audit system enhance governance implementation. - IAF improve governance commitment . And after this hypothesis proved , findings reveal that ,the existing IAF in Sudan has les satisfactory involvement to assess the effectiveness of governance structure , due to lack of governance mandatory :lack of internal audit charter ; weakness of internal audit independence ;lack of competent personal . The study concluded with many recommendations ,but the main one is ,the legitimacy of the audit activity and its mission should be supported and understood by aboard range of elected and appointed officials .as well as the media and involved citizen .