The Impact Of Interaction Between Audit Committee And Internal Audit Of Enhance The Corporate Governance At Listed Palestinian Companies

Abstract

Purpose – this paper aims to offer an empirical evidence about the effect of internal audit and audit committee interaction of enhance the corporate governance on listed Palestinian companies.

Design/methodology/approach – a number of questionnaires were sent to chef internal audit executives of 44 listed Palestinian companies, and to enhance the depth of variables measurement tools the questionnaire was sent to 3 accounting professors and high experienced internal auditor at big Palestinian companies to take there feedback about the questions included in questionnaire.

Finding – this paper found that the interaction between audit committee and internal audit have significant positively effect to enhance the corporate governance. And 97% of study sample agreed the direct line of access for internal auditor to audit committee that enhance the corporate governance, at the same percentage the sample was agree that the (the review of internal audit work result, and plane of internal audit by the audit committee was effect the corporate governance).

Value and contribution – to the best of the authors knowledge, this paper fill one of the major topics of auditing literature. This the interaction role between audit committee and internal audit as an institution of internal auditor IIA require. And to measure this interaction on corporate governance.