Abstract
Universities have been experiencing maladministration, declining standards and academic fraud, hence their search for proactive partners to help reverse this situation, and to achieve more favourable ranking in the world of learning. External auditors, though have a well-defined legal duty to report on the accuracy and reliability of records, however, do not provide management with information that is required to keep abreast with changes within a 21st century university environment. This article discussed the modern role of the internal auditor as a university partner that can add real value to the effectiveness and efficiency of university administration by identifying and analysing risks factors. It details a practical approach that should be adopted in respect of new skills, tool-kits, and a change of attitude. The systems approach is hereby proposed as the most appropriate approach that should be adopted by internal auditors to remain relevant in the current global business environment.
Original language | English |
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Pages (from-to) | 248-267 |
Number of pages | 20 |
Journal | International Journal of Education Economics and Development |
Volume | 9 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2018 |
Keywords
- Corporate governance
- Fixed assets
- Internal audit
- Risk assessment
- Risk management
- Systems approach
- Value added
- Work study
ASJC Scopus subject areas
- Education