Methodological Foundations of the Assessment of Internal Audit

The assessment of internal audit in the public sector has always been a fundamental issue, since on the basis of the assessment process there are identified many of its distinctive features, such as: quality, efficiency, effectiveness, economy, reliability, etc. In the controlling practice there exist different assessment models, which, due to their specific character, are very often applied incorrectly. For that reason, the aim of the present article is to present systematically the distinctive features of the established methods of assessment of internal audit. The article is of a theoretical orientation towards the variation of the control methods for assessing the quality of the internal audit in the organizations from the public and the non-public /private/ sector. Through induction, deduction and the comparative approach as research methods, the aim is to fulfil the main task of the article, namely to make a comparison between assessment methods. The absence of a piece of practical and applied research work is one reason for limiting the scope of the article and not verifying in detail the purpose of the respective method of determining the quality of internal audit.