Factors Affecting Internal Audit Independence: A Case Study of Technical University of Mombasa

Abstract

The main objective of the study was to establish the factors affecting internal audit independence at the Technical University of Mombasa and the various variables that compromised it. Literature review has been conducted on the various independent variables that affect the dependent variable. A descriptive technique was used as the research design. The sampling procedure that was used is stratified sampling technique. Primary data was collected by use of self-administered questionnaire and it was purely quantitative. Data collected was analyzed with the aid of Statistical Package for Social Scientist (SPSS) and the findings of the study has been presented in pie charts, bar graphs, diagrams and figures. Tables were used to summarize responses for further analysis and facilitate comparison.

The study concluded that internal audit independence is crucial to the institution to help to enhance accountability and performance the institution by its employees.

Keywords: Accountability, Audit, Independence, Governance.