Internal Audit Structure And Perceived Financial Statement Fraud

ABSTRACT This study is motivated by a desire to examine internal audit structure and perceived financial statement fraud. In light of the empirical review and other discussions, a number of questions arose as to whether users perceived greater financial statement fraud prevention when internal auditors function reports to the audit committee than when it reports to senior management, to verify if there is lack of evidence supporting enhanced user confidence resulting from outsourcing the internal audit function as well as to determine if internal auditors consider to be more and more important…