The Role of Internal Auditing in Controlling the Performance for Jordanian Industrial Companies: Empirical Evidence
The aim of this study is to investigate the role of internal auditing in controlling the performance of Jordanian industrial companies. To achieve the study objective, the researcher distributed a questionnaire to (150) of the employees in the Jordanian industrial companies, (91) questionnaires were returned which was (60.67%). In addition, the study attempted to verify the basic hypotheses and that of the study. On order to analyze the data, the researcher used the Mean, Standard Deviation, Percentages, and T-test. The result of the study revealed the presence of a very high degree relationship between the independence and objectivity of the internal auditor and his ability to control financial and administrative performance with (89.2%), also there is a very high degree relationship between the adoption of clear criteria-tools for internal auditor and his ability to control the financial administrative performance with (75.76%). Based on the result of hypotheses tested, the two null hypotheses of the study were rejected. In the light of the finding, the researcher gave a number of recommendations that are necessary to achieve the competitive advantages and quality assurance. The results of this study revealed that the internal audit function is one of the basic functions in Jordanian industrial companies and the internal auditor has the ability to discrimination indicator mistakes and distortions in the records and financial statements.