Internal Auditing Functions and Good Governance in the Banking Sector of Ghana

Authors

  • Abu Yakubu Tamale Technical University, Tamale, Ghana
  • Ibrahim Abdul-Rashid Tamale Technical University, Tamale, Ghana
  • Ibrahim Musah Tamale Technical University, Tamale, Ghana
  • Abdallah Baba Ibrahim Tamale Technical University, Tamale, Ghana
  • Alhassan Abdul-Rauf Tamale Technical University, Tamale, Ghana

Keywords:

corporate governance, internal auditors, competence, management support, independence, risk assessment

Abstract

Corporate governance is critical for banks performance and survival. The purpose of this study is to explore the impact of internal auditing on good corporate governance in the banking sector. With 200 respondents, questionnaire was used to collect the primary data. It was also quantitative and correlational design. In all, 4 hypotheses were formulated. The results show that internal auditors’ competence, management support, independence and risk assessment and control make up the internal auditors’ work effective and leads to good corporate governance. It was therefore, concluded that internal auditing is very important to the successful management of the banking sector in Ghana.

Downloads

Download data is not yet available.

Downloads

Published

2022-06-30

How to Cite

Yakubu, A. ., Abdul-Rashid, I. ., Musah, I. ., Baba Ibrahim, A. ., & Abdul-Rauf, A. (2022). Internal Auditing Functions and Good Governance in the Banking Sector of Ghana. ADRRI Journal of Arts and Social Sciences, 19(2 (7), April, 2022- June), 38-50. Retrieved from https://journals.adrri.org/index.php/adrrijass/article/view/883

Issue

Vol. 19 No. 2 (7), April, 2022- June (2022)

Section

Article