(Strathmore University, 2014-06) Muhwa, Gideon Gonzi
The auditing function as part of the corporate governance structure in many organizations plays
an increasingly important role in monitoring the control system of a company and its financial
reporting systems (Cattryse, 2005). Auditing was identified as one of the key participants to
promote good governance in the corporate sector (Brownbridge, 1998); hence, the management
should realize the importance of the internal audit function in their institutions.