INTERNAL AUDIT PERFORMANCE MODELING USING COST BENEFIT ANALYSIS. SENSITIVITY OF INTERNAL AUDIT SURPLUS VALUE WITHIN THE CONTEXT OF THE FINANCIAL CRISIS

The article looks into the performance issues, and the cost – benefit approach on audits, viewed in a broader sense (project management) but also analyses the limits of this approach, that can provide a quantitative dimension to the surplus value. With this purpose, the quantitative analysis will observe from a theoretical and illustrative point of view a project management theoretical model used to quantify the surplus value of an audit, using the net added value method, project management and balanced scorecard method. Finally, conclusions were drawn regarding the sensitivity of surplus value brought by internal audit within the context of the economic crisis.