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Examining the critical factors of internal audit effectiveness from internal auditors’ perspective: Moderating role of extrinsic rewards

An effective internal auditor can support an organization in achieving its goals and protect its assets and funds. However, to be effective, the internal auditors need to be empowered with relevant resources. This study aims at probing the influence of the empowerments (management support, external...

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Autores principales: Alqudah, Hamza, Amran, Noor Afza, Hassan, Haslinda, Lutfi, Abdalwali, Alessa, Noha, alrawad, Mahmaod, Almaiah, Mohammed Amin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10570590/
https://www.ncbi.nlm.nih.gov/pubmed/37842607
http://dx.doi.org/10.1016/j.heliyon.2023.e20497
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author Alqudah, Hamza
Amran, Noor Afza
Hassan, Haslinda
Lutfi, Abdalwali
Alessa, Noha
alrawad, Mahmaod
Almaiah, Mohammed Amin
author_facet Alqudah, Hamza
Amran, Noor Afza
Hassan, Haslinda
Lutfi, Abdalwali
Alessa, Noha
alrawad, Mahmaod
Almaiah, Mohammed Amin
author_sort Alqudah, Hamza
collection PubMed
description An effective internal auditor can support an organization in achieving its goals and protect its assets and funds. However, to be effective, the internal auditors need to be empowered with relevant resources. This study aims at probing the influence of the empowerments (management support, external auditors' collaboration, independence, size of internal audit units, and extrinsic rewards) on the internal auditors' effectiveness, and to examin whether extrinsic rewards moderate the association between respective empowerments and the effectiveness of Jordanian public sector internal auditors'. The current work relied on 117 surveys collected from Jordan's internal audit and financial managers in the public sectors. According to the Resource-Based View (RBV), the findings show that management support, external auditors cooperation, independence, and extrinsic rewards all have a significant influence on the effectiveness of internal auditor. The of the Internal Audit Department (IAD) size was discovered to be insignificant. Also, the results have revealed partial support for the influence of the extrinsic reward as a moderator. Because of the prominence of the public sector in the Jordanian market, this current research expands on the idea of enabling internal auditor (IA) to accomplish their assigned objectives. The findings might help authorities develop new norms and legislation for the internal audit profession. These empowering characteristics may also improve internal auditors' capacity to execute their duty in saving public monies and limiting corrupt practices inside public sector organizations.
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spelling pubmed-105705902023-10-14 Examining the critical factors of internal audit effectiveness from internal auditors’ perspective: Moderating role of extrinsic rewards Alqudah, Hamza Amran, Noor Afza Hassan, Haslinda Lutfi, Abdalwali Alessa, Noha alrawad, Mahmaod Almaiah, Mohammed Amin Heliyon Research Article An effective internal auditor can support an organization in achieving its goals and protect its assets and funds. However, to be effective, the internal auditors need to be empowered with relevant resources. This study aims at probing the influence of the empowerments (management support, external auditors' collaboration, independence, size of internal audit units, and extrinsic rewards) on the internal auditors' effectiveness, and to examin whether extrinsic rewards moderate the association between respective empowerments and the effectiveness of Jordanian public sector internal auditors'. The current work relied on 117 surveys collected from Jordan's internal audit and financial managers in the public sectors. According to the Resource-Based View (RBV), the findings show that management support, external auditors cooperation, independence, and extrinsic rewards all have a significant influence on the effectiveness of internal auditor. The of the Internal Audit Department (IAD) size was discovered to be insignificant. Also, the results have revealed partial support for the influence of the extrinsic reward as a moderator. Because of the prominence of the public sector in the Jordanian market, this current research expands on the idea of enabling internal auditor (IA) to accomplish their assigned objectives. The findings might help authorities develop new norms and legislation for the internal audit profession. These empowering characteristics may also improve internal auditors' capacity to execute their duty in saving public monies and limiting corrupt practices inside public sector organizations. Elsevier 2023-09-30 /pmc/articles/PMC10570590/ /pubmed/37842607 http://dx.doi.org/10.1016/j.heliyon.2023.e20497 Text en © 2023 The Authors https://creativecommons.org/licenses/by/4.0/This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Research Article
Alqudah, Hamza
Amran, Noor Afza
Hassan, Haslinda
Lutfi, Abdalwali
Alessa, Noha
alrawad, Mahmaod
Almaiah, Mohammed Amin
Examining the critical factors of internal audit effectiveness from internal auditors’ perspective: Moderating role of extrinsic rewards
title Examining the critical factors of internal audit effectiveness from internal auditors’ perspective: Moderating role of extrinsic rewards
title_full Examining the critical factors of internal audit effectiveness from internal auditors’ perspective: Moderating role of extrinsic rewards
title_fullStr Examining the critical factors of internal audit effectiveness from internal auditors’ perspective: Moderating role of extrinsic rewards
title_full_unstemmed Examining the critical factors of internal audit effectiveness from internal auditors’ perspective: Moderating role of extrinsic rewards
title_short Examining the critical factors of internal audit effectiveness from internal auditors’ perspective: Moderating role of extrinsic rewards
title_sort examining the critical factors of internal audit effectiveness from internal auditors’ perspective: moderating role of extrinsic rewards
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10570590/
https://www.ncbi.nlm.nih.gov/pubmed/37842607
http://dx.doi.org/10.1016/j.heliyon.2023.e20497
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