Unification of independence, authoritativeness and efficiency ‐ organizational form of internal audit

Abstract

Describes the ingredients for internal audit success in a large state‐integrated petroleum company. With 1,600 auditors and 25,000 audits performed, a varied contribution has been made across all areas of the business. Significant factors have been the interrelationships of independence, authoritativeness and efficiency and this theme pervades. The outworkings of this formula has actually led to demand from the top to establish an additional audit division branch.

Citation

Weizhong, C. and Shourong, S. (1997), "Unification of independence, authoritativeness and efficiency ‐ organizational form of internal audit", Managerial Auditing Journal, Vol. 12 No. 4/5, pp. 196-199. https://doi.org/10.1108/02686909710173876