{"id":3476,"date":"2022-09-14T12:03:04","date_gmt":"2022-09-14T12:03:04","guid":{"rendered":"https:\/\/eraf.deqepub.org\/?post_type=journal_article&amp;p=3476"},"modified":"2022-09-14T12:03:04","modified_gmt":"2022-09-14T12:03:04","slug":"the-impact-of-internal-audit-efficiency-on-financial-performance","status":"publish","type":"journal_article","link":"https:\/\/deqepub.org\/eraf\/journal_article\/the-impact-of-internal-audit-efficiency-on-financial-performance\/","title":{"rendered":"The Impact of Internal Audit Efficiency on Financial Performance"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>ABSTRACT<br \/>\n<\/strong>The research objective was to examine the impact of internal audit efficiency on financial performance. A descriptive cross-sectional research design was used for this study to analyze data from respondents that were drawn from various firm\u2019s Human resource, Finance, Audit and Procurement departments. These data were evaluated with SPSS 28.0 using simple regression analysis. The study\u2019s findings demonstrated that internal audit and financial performance have significant relationship with each other. Therefore, the findings suggest that for rapid improvement of organization financial performance management of companies must discover new ways of strengthening the internal audit department.<\/p>\n<p style=\"text-align: right;\"><strong>Keywords:<\/strong> Internal Audit Efficiency, Internal Control, Internal Audit Quality<\/p>\n<p style=\"text-align: right;\"><strong>Authorship:<\/strong> Egiyi, M. A. PhD and Okafor, V. I. PhD | <a href=\"https:\/\/eraf.deqepub.org\/wp-content\/uploads\/2022\/09\/ERAF-61.13-22.pdf\">FULL PDF<\/a><\/p>\n","protected":false},"author":1,"template":"","journal_article_cats":[147],"class_list":["post-3476","journal_article","type-journal_article","status-publish","hentry","journal_article_cat-vol-6-no-1"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v26.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Impact of Internal Audit Efficiency on Financial Performance - European Review in Accounting and Finance<\/title>\n<meta name=\"description\" content=\"The research objective was to examine the impact of internal audit efficiency on financial performance. A descriptive cross-sectional research design was used for this study to analyze data from respondents that were drawn from various firm\u2019s Human resource, Finance, Audit and Procurement departments. These data were evaluated with SPSS 28.0 using simple regression analysis. The study\u2019s findings demonstrated that internal audit and financial performance have significant relationship with each other. Therefore, the findings suggest that for rapid improvement of organization financial performance management of companies must discover new ways of strengthening the internal audit department. Keywords: Internal Audit Efficiency, Financial Performance, Internal Control, Internal Audit Quality\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/deqepub.org\/eraf\/journal_article\/the-impact-of-internal-audit-efficiency-on-financial-performance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Impact of Internal Audit Efficiency on Financial Performance\" \/>\n<meta property=\"og:description\" content=\"The research objective was to examine the impact of internal audit efficiency on financial performance. A descriptive cross-sectional research design was used for this study to analyze data from respondents that were drawn from various firm\u2019s Human resource, Finance, Audit and Procurement departments. These data were evaluated with SPSS 28.0 using simple regression analysis. The study\u2019s findings demonstrated that internal audit and financial performance have significant relationship with each other. Therefore, the findings suggest that for rapid improvement of organization financial performance management of companies must discover new ways of strengthening the internal audit department. Keywords: Internal Audit Efficiency, Financial Performance, Internal Control, Internal Audit Quality\" \/>\n<meta property=\"og:url\" content=\"https:\/\/deqepub.org\/eraf\/journal_article\/the-impact-of-internal-audit-efficiency-on-financial-performance\/\" \/>\n<meta property=\"og:site_name\" content=\"European Review in Accounting and Finance\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/deqepub.org\/eraf\/journal_article\/the-impact-of-internal-audit-efficiency-on-financial-performance\/\",\"url\":\"https:\/\/deqepub.org\/eraf\/journal_article\/the-impact-of-internal-audit-efficiency-on-financial-performance\/\",\"name\":\"The Impact of Internal Audit Efficiency on Financial Performance - European Review in Accounting and Finance\",\"isPartOf\":{\"@id\":\"https:\/\/deqepub.org\/eraf\/#website\"},\"datePublished\":\"2022-09-14T12:03:04+00:00\",\"description\":\"The research objective was to examine the impact of internal audit efficiency on financial performance. A descriptive cross-sectional research design was used for this study to analyze data from respondents that were drawn from various firm\u2019s Human resource, Finance, Audit and Procurement departments. These data were evaluated with SPSS 28.0 using simple regression analysis. The study\u2019s findings demonstrated that internal audit and financial performance have significant relationship with each other. Therefore, the findings suggest that for rapid improvement of organization financial performance management of companies must discover new ways of strengthening the internal audit department. 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