The internal audit practices within public organizations: an essential governance mechanism

Abstract

The optimization of public expenses has become increasingly essential, as a result, public organizations are permanently obliged to use tools that allow them to ensure better management and governance of these, in this context, the adoption of internal auditing is essential, thanks to its capacity to ensure compliance with regulations, the inefficiency problems detection, the recommendations propositions and their implementation monitoring. It is therefore not only a question of presenting a control mechanism, but also a catalyst for organizational excellence.

The main objective of this article is to explore in depth the essential role of internal audit at the level of governance of public organizations, by proposing a conceptual model, which focuses on the study of the relationship between the two concepts, which is based the literature review  related to the contribution of the internal audit function to the public organizations governance, through the improvement of Risk management and the reduction of asymmetry information, while highlighting the role of the support of the general management and the audit committee at the level of the internal audit function.