Carcello, Joseph V.; Hermanson, Dana R.; Raghunandan, K. - 2005
Internal auditing has been the focus of much attention in recent years. This study examines factors associated with U ….S. public companies' investment in internal auditing. Data from a survey administered to Chief Audit Executives of mid-sized U …, ability to pay for monitoring, and auditing characteristics. Specifically, we find evidence that internal audit budgets are …