Factors Affecting the Performance Effectiveness of Internal Auditors Office in Auditee's Perspective of the National Economic and Social Development Council

Abstract

          This research paper aims to study factors affecting internal audit performance standards from the auditor's perspective of the Office of the National Economic and Social Development. 240 auditees of the Office of the National Economic and Social Development are randomly selected as the sample group. A questionnaire is used as a research instrument and the statistics used in the data analysis are descriptive statistics, frequency, percentage, mean and standard deviation. The hypothesis test uses an Inferential Analysis, Pearson Product Moment Correlation and Multiple Regression Analysis.
          The research shows the overall and the aspects of operational factors, which are the independent and impartiality, with average of 4.27 (s.d.=0.539). The counseling and advice with average of 4.26 (s.d.=0.458) are at highest. In terms of knowledge, the expertise is at high level, with average of 4.14 (s.d.=0.521). The overall and aspects of standard performances are the inspection performance, with average of 4.25 (s.d.=0.496), inspection report, with average of 4.23 (s.d.=0.516) at the highest level, and followed by high level in planning performance, with average of 4.15 (s.d.=0.495). The hypothesis test results found that factors of independent and impartiality and the factors of advisory have a positive outcome on internal audit standards in planning and audit reporting. The factors of advisory also have a positive outcome on internal audit standards in audit performance, with statistical significant of 0.05.