Measuring Internal Audit Function Via Balanced Scorecard

Abstract

Internal audit is considered to be a critical factor in the performance of any firm besides itself being affected by a firm’s internal business processes. Hence, it is important to deliberate upon the relevance of internal audit to enhance a firm’s effectiveness. The objective of the present study is to probe into the internal audit function from the lens of a Balanced Scorecard. The findings reveal that internal audit depends upon the traits of internal auditors and forms an important dimension of a firm’s performance.