Chief Editor
  • Prof. Christina Nikolova, PhD
Editorial Board
  • Prof. Christina Nikolova, PhD - UNWE
  • Prof. Elka Todorova, DSc. - UNWE
  • Prof. Maya Lambovska, DSc. - UNWE
  • Assoc. Prof. Todor Nedev, PhD - UNWE
  • Assoc. Prof. Dorina Kabakchieva, PhD - UNWE
  • Assoc. Prof. Paskal Zhelev, PhD - UNWE
Scientific Secretary
  • Assoc. Prof. Aleksandar Valkov, PhD - UNWE
  • Assist. Prof. Veselina Lyubomirova, PhD - UNWE
International Editorial Board
  • Damian Stantchev, PhD
    Edinburgh NAPIER University, UK

  • Ivaylo Vassilev, PhD
    University of Southampton,UK

  • Prof. Irina Kuzmina-Merlino, PhD
    Transport and Telecommunication Institute, Riga

  • Milan Zdravkovic
    University of Niš, Serbia

  • Prof. Niculae Mihaita, PhD
    Bucharest Academy of Economic Studies, Romania

  • Prof. Ricardo Jardim-Gonçalves, PhD
    UNINOVA institute, New University of Lisbon, Portugal

  • Prof. Ing. Jaroslav Belás, PhD
    Tomas Bata University in Zlín, Czech Republic

  • Prof. John Rijsman, PhD
    Tilburg University

  • Prof. Ing. Zdenek Dvorák, PhD
    University of Zilina, Slovak Republic

  • Prof. Zoran Cekerevac, PhD
    “Union – Nikola Tesla” University in Belgrade, Serbia

Function and Role of Internal Audit. Comparative Study Based On the Process, Report and Value Added of the Audit
year 2022
Issue 2


Internal audit protects the organization from potential risks and damage to reputation, financial operations, fraud and non-compliance with the legal and regulatory framework. The objectivity, independence, and broad perspective that internal auditors have throughout the organization make internal auditors very useful to management and the board of directors. Internal audit has emerged as one of the organizational areas that should have a complete assessment tool, oriented not only towards finding business errors, but towards improving business performance. Around the 20th century, the creation of a formal internal audit function, whose responsibilities could be delegated, was seen as the most logical answer. An important aspect of the history of audit theory is the role and functions of auditors. Auditing is an important business function that involves evaluating evidence and documentation related to an organization's economic activities and transactions.

JEL: H83, M42


internal audit, function, role, report, value added
Download YB.2022.2.02.pdf

ISSN (print): 1312-5486
ISSN (online): 2534-8949