Building an Effective Internal Audit Function: Learning from SOX Section 404 Reports

Authors

Dana R. Hermanson, Kennesaw State UniversityFollow
Daniel M. Ivancevich, University of North Carolina - Wilmington
Susan H. Ivancevich, University of North Carolina - Wilmington

Department

School of Accountancy

Document Type

Article

Publication Date

Winter 2008

Abstract

In the wake of the major accounting scandals, internal auditing has emerged as a powerful force in promoting effective controls, risk management, and governance in U.S. companies. This article highlights recent internal audit-related problems that were revealed in SOX Section 404 reports and offers specific recommendations for building an effective, value-adding internal audit function.

Journal Title

Review of Business

Journal ISSN

0034-6456

Volume

28

Issue

2

First Page

13

Last Page

28