Hhe Quality of audit in appreciating the corporate governance system

Abstract

In a changing society, the direction of all organizations must be channeled towards evolution, development and growth. This cannot be achieved without a good governance. In our study we intend to prove that through an internal audit based on independence, objectivity and competence, the corporate governance of the entity can be improve. For this purpose, we analyzed the most representative empirical studies conducted in the field carried out at national and international level. The evolution of corporate governance principles in Europe and the entire world underlines the close connections between internal audit, governance and enterprise business continuity. The easiest way to convince someone of the importance and the purpose of internal audit is to demonstrate the value that it brings to the organization. The conclusion we reached is that we cannot talk about corporate governance without internal audit and we cannot talk about internal audit without three pillars: independence, objectivity and competence.