The study seeks to ascertain the practices of the audit committee and internal audit improving corporate governance among companies in Ghana, with specific attention to analysing the audit committee's impact on improving internal audit operations, identifying the relationship between the internal audit unit and the audit committee members. Moreover, the author analyzes the impact of the internal audit department and audit committee members on the risk management strategy of companies.
The author aims to exam the relationship that exists among the audit committee, internal audit, and its part in the corporate governance system. A critical analysis of the circumstances leading to the collapse of businesses shows that the majority of these corporate failures could be avoided if effective audit committees and internal audit departments are in place to check management activities, especially concerning financial reporting and other accounting practices.
The study results were obtained by using data gathered from the internal auditors and audit committee members through the questionnaire survey method.
Table of contents
1 INTRODUCTION
2 LITERATURE REVIEW
2.1 THEORETICAL REVIEW
2.2 EMPIRICAL REVIEW
2.3 Summary of Literature Review
3 RESEARCH METHODOLOGY
3.1 Study Design
3.2 The Population Size, Sample and Sampling Technique
3.3 Research Collection and Validity of the Research Instrument
4 RESULTS AND DISCUSSION
4.1 Demographic Characteristics
5 Conclusion
5.1 Recommendation
6 REFERENCES
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