INDEPENDENCE AND OBJECTIVITY OF INTERNAL AUDITORS AS DETERMINANTS OF THEIR EFFECTIVENESS

Milica Đorđević, Tadija Đukić

DOI Number
10.22190/FUEO1703231D
First page
231
Last page
242

Abstract


The aim of this paper is to highlight the issue of independence and objectivity of internal auditors, which, given the place and role of internal audit in the system of corporate governance, is increasingly gaining in importance. In determining these concepts, the difference between them is pointed out, with particular emphasis their importance for internal audit effectiveness. By introducing circumstances in which internal audit functions, the paper especially emphasizes the challenges that internal auditors face in achieving independence and objectivity in their work. In this process, they receive significant support from regulatory decisions regarding the position of internal audit in companies, and especially directions to invest efforts and eliminate all factors that threaten to undermine their independence and objectivity.


Keywords

internal audit, independence, objectivity, specifics and efforts to ensuring independence and objectivity

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References


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DOI: https://doi.org/10.22190/FUEO1703231D

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