The Nature Of Internal Audit System In Educational Institution Regulatory Organization

CHAPTER ONE 1.0   INTRODUCTION 1.1   BACKGROUND OF STUDY Given today complex and rapidly changing management climate, most large companies, major institution and governmental agencies are implementing continuous improvements to achieve efficiency and assure all concerned parties of solid corporate governance. The nature of interval audit system simply means explaining some of the  key terms in the project topic, the internal system. According to the Institute of Internal Auditors (IIA) definition of internal auditing the internal audit system should provide independen…