A Review on Independence and Authority of Internal Auditor

The position of internal auditor within the internal governance structure may influence the level of independence and authority of internal auditors. The position of governance participants varies due to different governance structure of an organisation (field) and competency and capability of an individual (capital), as elaborate by Bourdieu's Theory. The governance structure created by the top leaders determines the role and position of internal auditors within an organization. The paper aims to review on the concept of independence and authority of internal auditors. The authority of internal auditors may influence the force and independence of internal auditors towards fulfilling its unique roles and responsibilities effectively. The internal auditors have to be responsible for both the audit committee and the management which creates role conflict and ambiguity.