Top Management Awareness of Knowledge Development in IAP and Its Impact on the Role of the Internal Auditor: An Analytical Empirical Study in the Jordanian Business Organizations

Abstract

The present researcher, attempt to study trends knowledge development related in the internal audit profession (IAP) at both the scientific, professional level as well as the practical level. The purpose is to identify the duties of (IAP) in Jordanian business organizations, following the issue of the new framework for the practice of internal auditing published by (IIA) in USA in 2004. The present researcher came to the conclusion that internal auditors in the 21^st  century will be required to audit all activities in an organization. Besides the facts that, the (IAP) has acquired integrated knowledge which makes it qualified to become a recognized full professional. Furthermore, the present researcher carried out an empirical study on 111 companies aiming to measure the degree of awareness of the top management of knowledge development in the (IAP) and its impact on the role of the internal auditor in Jordanian Business Organizations. He drew out several conclusions, the most important of which is that the Banking sector in Jordan is considered the most committed to establishing an internal audit department however, it is less knowledgeable on knowledge development in (IAP).