Study on Externalization of Internal Audit in Universities——A Case Analysis Based on Logit Model
This paper analyses the factors which affect the universities choice of the mode of externalization of internal audit based on correlative work practices in universities of Jiangsu Province.The conclusions were reached as follows: the important factors to affect the univercities choice of externalization of internal audit are the independence and authoritativeness of internal audit organization in colleges and universities,the loyalty of internal audit personnel and the risk of audit.There are some other influential factors including the benefit of audit,the education level of internal audit personnel,and the size of the colleges and universities.Not all of colleges and universities like externalization of internal audit.The colleges and universities must insist on the principle of cost benefit,and choose appropriate mode of externalization of internal audit under the condition of influencing factor.