Internal Audit
Introduction
This report aims to investigate the role Internal Auditors (IA) plays in certain aspects of corporate governance. The report also aims to investigate what is considered as good corporate governance.
“Corporate governance is the system by which companies are directed and controlled. It deals largely with the relationship between the constituent parts of a company - the directors, the board (and its sub-committees) and the shareholders”
(Berr, 2008)
Corporate governance is necessary because of the problems caused by the divorce of ownership and control in modern organisations. In order to protect the stakeholders of an organisation, regulators addressed the problem by introducing corporate governance frameworks that managers had to follow. Below are the Principles of corporate governance:
i. “ The corporate governance framework should protect shareholders’ rights
ii. The corporate governance framework should ensure the equitable treatment of all......
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Approximate Word Count: 2204
Approximate Pages: 9 (250 words per double-spaced page)
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