Improving Internal Auditing Productivity in Taiwan’s Business

• Main Authors: Cheng-Tsung Lu, 盧正宗
• Other Authors: none
• Format: Others
• Language: zh-TW
• Published: 2003
• Online Access: http://ndltd.ncl.edu.tw/handle/96139500259774812993

碩士 === 靜宜大學 === 會計學系研究所 === 91 === This study attempts to investigate the primary factors that improve internal auditing productivity of public companies in Taiwan. All independent variables are divided into two dimensions: (1) Human dimension (stress, motivation, self assessment, teamwork, management support); (2) Auditing policy and technology dimension (revising auditing structure, improving auditing techniques, making sound auditing plans, computerizing internal auditing process, and implementing value-added suggestions about internal auditing); (3) External environmental dimension (complying with legal requirements and coordinating with external auditors). This study also analyses the interaction between the human dimension and the organization culture (innovation, supportiveness, team orientation). The dependent variable is internal auditing productivity, which is evaluated by individual managers’ perception. The surveys for this study were conducted on managers in both internal auditing departments and general departments. There were 112 valid surveys on managers in internal auditing departments and 124 valid surveys on managers in general departments in Taiwan’s public companies. The samples cover a wide range of industries in Taiwan and a multiple regression was used to test the hypotheses. The result of this study is that: 1. Managers think that revising auditing structure, improving auditing techniques, making sound auditing plans, computerizing internal auditing process and implementing value-added suggestions about internal auditing can improve internal auditing productivity. 2. Only internal auditing department managers agree that complying with legal requirement are able to improve internal auditing productivity. 3. Managers agree that it will improve internal auditing productivity when the company puts emphasis on the factors of motivation and teamwork in the innovation culture. On the other hand, general department managers point out that it will improve internal auditing productivity when the company puts emphasis on the factors of motivation in the supportiveness culture. 4. In the team orientation culture, all factors of human dimension are not significant towards the internal auditing productivity. 5. Internal auditing managers state that the Internal Auditing Association’s professional ethic standards, Statements of Financial Accounting Standards (SFAS) and Statements of Auditing Standards (SAS) can assist the internal auditors in advancing auditing capability.