الفهرس 
The Evolution of Internal Audit FunctionOnly 14 pages are availabe for public view
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Abstract
This chapter discussed several important aspects of the standards of professional practice of internal auditing in terms of its role in enhancing corporate governance. The aim is to clarify the criteria that meet the standards in the professional practice with a focus on the standards that is crucial for the internal auditing to have an active role in corporate governance. Internal audit function should be given the appropriate status in the organization to enable the function to exercise organizational independence and individual internal auditors to act objectively. Internal auditors should possess the knowledge, skills, and other competencies needed to perform their individual responsibilities. It is very essential that the management should support the internal audit with resources and commitment to implement the internal audit recommendations in order to achieve internal audit effectiveness. Also, internal audit function needs to expand its traditional activities from compliance assurance and assets safeguarding to value-added assurance and consulting services through its role in monitoring, evaluating, and improving risk management, control, and governance process. There are factors that are associated with compliance with the standards. The length of IIA membership and internal auditing certification are found to be positively related to use of the standards, length of training is positively associated with compliance. There are other significant variables that affect the compliance like that regulations or standards are superseded by the local government, the internal audit function is not perceived as value adding function by the management board, and the compliance is not expected in the country. These factors should be taken into consideration to enhance the adherence to the standards of internal audit.