Managing Internal Audit Teams: The Role of Auditor Attributes and Co‐ordination Mechanisms

Abstract

Addresses two important aspects which need to be considered when attempting to maximize excellence in an internal audit department. Suggests that individual auditors′ risk‐taking propensity and tolerance for ambiguity can adversely affect many important decisions, such as sample size selection, which in turn leads to costly as well as ineffective audits; and that internal audit directors utilize interpersonal methods of control, personality assessment of audit team members, and continuous evaluation of budgeted with actual audit hours, to overcome any such adverse effects.

Citation

Gupta, P.P. and Ray, M.R. (1993), "Managing Internal Audit Teams: The Role of Auditor Attributes and Co‐ordination Mechanisms", Managerial Auditing Journal, Vol. 8 No. 1. https://doi.org/10.1108/02686909310023533