Current Issue
Volume
27
year
2021
Issue
1

Archive

AUTHOR'S GUIDELINES

ABSTRACT GUIDELINES

SUBMIT AN ARTICLE

SCIENTFIC AND RESEARCH PROFILE

PUBLICATION ETHICS

PEER REVIEW POLICY

ABSTRACTING AND INDEXING

EDITORIAL BOARD

INTERNATIONAL EDITORIAL BOARD


ADDRESS OF THE EDITORIAL OFFICE

ISSN (print): 1312-7462
ISSN (online): 2367-9409
4 issues per year


The conceptions of the authors express their personal opinion and do not engage the editors of the journal.

Every manuscript received will be checked for plagiarism.

Typeset by:

UNWE Publishing Complex

Printed by:

UNWE Publishing Complex

The Effects of the Qualitative Parameters of Internal Auditing Works on the Preferences of Investment Funds’ Analysts Economic Alternatives
year
2021
Issue
1

The Effects of the Qualitative Parameters of Internal Auditing Works on the Preferences of Investment Funds’ Analysts

Abstract

This article documents the direct relation between the internal auditing reports that are revealed to the investors with facts of fraud in an entity and investor confidence for investing such companies. The contents of the internal auditing reports, which have been prepared specifically in response to the fraud signal in a company, provide evidence that there is a considerable correlation. This paper argues that the observed correlation fluctuates depending on the contents, independence, and objectivity of an internal auditing report. The strength of the established correlation varies according to the provided confidence to investors. With the said confidence, the investors decide to retain their investments in a company, to invest new funds in a company, not to invest any funds, or to withdraw invested funds from a company. The flow of the preferences of investment fund experts is affected: (i) If the internal auditing process and report is concluded by experienced auditors; (ii) If the internal auditing work is processed objectively; (iii) If the internal auditors act independently during the auditing process.

Keywords

Internal auditing, internal control systems, auditing measures
Download EA.2021.1.04.pdf