The role of internal audit function in Corporate governance: a case of vocational Education and training authority (veta) of Tanzania

dc.contributor.author	l Mgimba, Witnes Michae
dc.date.accessioned	2016-03-18T04:48:46Z
dc.date.available	2016-03-18T04:48:46Z
dc.date.issued	2013
dc.identifier.uri	http://hdl.handle.net/11192/940
dc.description	The Research Report is submitted in Partial Fulfillment of the Requirements for Award of the Degree of Master of Science in Accounting and Finance	en_US
dc.description.abstract	This study assessed the role of internal audit in corporate governance taking Vocational education and training authority as the case study. The study employed the case study design accompanied by qualitative research approach with quantitative aspects. Using purposive sampling, a total of 20 respondents took part in the study involving the audit function staff member, finance and procurement department and the senior staff. Methods of data collection used were documentary analysis, interview, observation and focus group discussion. Tools or instruments used were interview questions, questionnaires, observation schedule, documentary review and focus group discussion. All the generated data were subjected to content analysis for the purpose of obtaining themes and sub-themes of the study. The study indicated that (i) VETA have well established board and audit committee (ii) internal audit is a vital catalyst machine for the corporate governance operation to be successful. (iii) The corporate governance rely on the internal audit information to make their strategic decisions.(iv) the internal audit function must be supported to ensure that audit function is done effective(vi) the organization system should not undermine the power of the internal audit. The study recommends that, (i) there should be effort to make all parties involved in the internal audit function understand the role of the internal audit in the betterment of the organization thus create understanding which will enhance the corporation of the internal audit and its parties. (ii) Also having in mind the role that internal audit play in corporate governance, there should be initiative to ensure that the system does not act as a hurdle to the audit function. (iii)The organization should have its own audit charter for internal audit functions which clearly articulate both the functional and administrative reporting lines for the function as well as its principle activities	en_US
dc.language.iso	en	en_US
dc.publisher	Mzumbe University	en_US
dc.subject	internal audit	en_US
dc.subject	Corporate governance	en_US
dc.title	The role of internal audit function in Corporate governance: a case of vocational Education and training authority (veta) of Tanzania	en_US
dc.type	Thesis	en_US