Accounting and Auditing Studies

Accounting and Auditing Studies

The impact of audit committee characteristics on the implementation of internal audit recommendations in companies listed on the Tehran Stock Exchange

Document Type : Original Article

Authors
Reza Jamei 1
Sedigh Jafari 2
1 Faculty member University of Kurdistan (UOK), Iranian Certified Public Accountant (ICPA), Iran
2 Master of Accounting, University of Kurdistan, Iran
10.22034/iaas.2020.107632
Abstract
The main objective of this study is to evaluate the impact of the implementation of the recommendations of the Audit Committee characteristics of internal auditing in companies listed on the Tehran Stock Exchange. The sample included 150 companies listed in the Tehran Stock Exchange. To test the hypothesis using multiple linear regression is used. The findings show that; between the characteristics of the audit committee; independence, expertise and knowledge, meetings, the size of the Audit Committee, and implement the recommendations of the internal audit, there is a significant positive relationship. The results show that also between senior management features; support for the management of the internal audit unit and reduce the influence of management on the appointment of the head of internal audit units by implementing internal audit recommendations, there is a significant positive relationship.
Keywords
Audit Committee characteristics
the implementation of internal audit recommendations
companies listed on the Tehran Stock Exchange
Accounting and Auditing Studies
Volume 9, Issue 33
Spring 2020
Pages 57-74