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A Theoretical Discussion of Internal Audit Effectiveness in Kuwaiti Industrial SMEs

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  • Awn Metlib Al-Shbail
  • Turki A. A. Turki

Abstract

This paper aims to scrutinise the association between the internal audit effectiveness and the four factors associated with International Standards for Professional Practice of Internal Auditing (ISPPIA): independence of internal auditors, scope of internal auditors, management support, and audited cooperation. The relationship between these factors and Satisfaction of internal auditors is also examined. Further, the moderating effect on the relationship between these factors (if present) and the effectiveness of IA among industrial SMEs in Kuwait are investigated through satisfaction of internal auditors. By ascertaining the effectiveness of IA at the industrial firms via theories as well as variables, this paper broadens the available literature on the effectiveness of IA.

Suggested Citation

  • Awn Metlib Al-Shbail & Turki A. A. Turki, 2017. "A Theoretical Discussion of Internal Audit Effectiveness in Kuwaiti Industrial SMEs," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(1), pages 107-116, January.
    • Handle: RePEc:hur:ijaraf:v:7:y:2017:i:1:p:107-116
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    References listed on IDEAS

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