This report on Internal Audit Reporting Lines is provided as a service to members of The IIA.
IIA members: Please LOGIN to download a FREE copy (PDF).
Non-members: Add this item to your shopping cart to purchase a copy for download. Please allow 48-72 hours after placing the order to receive an email containing the link and access code to download your purchased product.
Learn more about the value of an IIA Membership.
Please note: This secured PDF document does not allow printing.
The independence of the internal audit function of an organization has been the topic of a considerable amount of attention since the collapse of several large American organizations. Passage of the U.S. Sarbanes Oxley Act of 2002 and associated stock exchange regulations gave the audit committee substantial oversight responsibility and authority over firms’ internal audit functions.
It is possible that these increases in audit committee power have created new independence and objectivity threats to internal auditors that have not previously been considered. Based on these potential threats, this study examines the effects of internal audit reporting lines on the judgments and decisions of internal auditors.
The Internal Audit Foundation is a 501(c)(3) corporation formed to expand knowledge and understanding of internal auditing by providing relevant research and educational products to advance the profession globally. Learn more about the Foundation.