The Impact of Cooperation between Internal and External Auditors: Empirical Evidence from the Internal Auditor’s Perspective

• Main Author: Badara, Mu’azu Saidu
• Format: Conference or Workshop Item
• Language: English
• Published: 2017
• Subjects: HD28 Management. Industrial Management
• Online Access: http://repo.uum.edu.my/23874/1/CBMM%202017%201478%201489.pdf; http://repo.uum.edu.my/23874/
• Institution: Universiti Utara Malaysia

Nowadays, empirical evidence has revealed the significance of cooperation between internal auditors and external auditors in their respective duties.Cooperation between the two auditor simplifying their auditing activities, enable quick objective achievement of the two auditors, improve the confidence of the two auditors; reduce the cost implication for the auditing exercise and improve the professionalism of the two auditor.In line with this, the objective of this paper to examine the impact of cooperation between internal and external auditors: Empirical evidence from the internal auditor’s perspective.Data of the study were collected through research assistant employed, in which 220 questionnaires were sent to internal auditors in the South West geo-political zone local government in Nigeria, The study used simple random sampling technique; data were analyzed using Statistical Package for Social Science (SPSS) version 21. Descriptive statistic, factor analysis, correlation matrix and finally, simple regression analysis were carried out. The result finding of the analysis revealed that, cooperation between internal and external auditors has a significant positive relationship with internal audit effectiveness.Finally, conclusion was provided and the direction for future research was also provided.