The Influence of Individual Voice, Psychological Capital, and Independence on Internal Audit Effectiveness (IAE)

Abstract

Effective internal audit functions are one of the main requirements for organizational success. Effective and efficient internal audits can add value to an organization by helping management improve internal controls to achieve better governance processes. The effectiveness of internal audits is influenced by many factors, both external and internal to the auditor. Therefore, it is necessary to discuss the factors that influence the effectiveness of internal audits through Individual Voice, Psychological Capital, and Independence. Determining the hypothesis of the effects between factors for additional investigation is the aim of this study. This literature review article's findings are: 1) The efficiency of internal auditing is influenced by individual voice; 2) Internal audit effectiveness is influenced by psychological capital; 3) Internal audit effectiveness is impacted by independence.

Keywords: Internal Audit Effectiveness_1, Individual Voice_2, Psychological Capital_3,  Independence_4