The role and impact of the internal audit function in contributing to improving the quality of external auditing

Abstract

This study seeks to identify the role and impact of the internal audit function in contributing to improving the quality of external auditing. to achieve the objective of the study, a questionnaire tool was developed as a means of collecting the necessary data and then statistically analyzing and testing it. The questionnaire was distributed to a sample of external auditors in the city of Benghazi, numbering fifty – nine external auditors. To test the hypotheses of the study, the (Z) test was used, and the data obtained from the study sample were descriptively analyzed using the measures of central tendency and dispersion in addition to the percentage. The results of the study concluded that there is a role and impact of the function and tasks of the internal audit in contributing to improving the quality of the external audit, and some recommendations related to the subject of study were proposed.