Internal audit effectiveness in Libyan fully owned oil and petroleum companies: the moderating role of continuous learning

The main purpose of the current study is to determine the factors that impact on internal audit effectiveness (IAE). In addition, the moderating effect of continuous learning on the relationship between internal auditors’ independence, top management support, relationship with external auditors, au...

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Main Author:	Hasan, Mustafa A Abduenabe
Format:	Thesis
Language:	eng eng eng
Published:	2019
Subjects:	HF5667 Professional Ethics Auditors.
Online Access:	https://etd.uum.edu.my/9425/1/depositpermission_s92586.pdf https://etd.uum.edu.my/9425/2/s92586_01.pdf https://etd.uum.edu.my/9425/3/s92586_references.docx
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id	my-uum-etd.9425
record_format	uketd_dc
spelling	my-uum-etd.94252022-05-29T10:25:11Z Internal audit effectiveness in Libyan fully owned oil and petroleum companies: the moderating role of continuous learning 2019 Hasan, Mustafa A Abduenabe Derashid, Chek Saidin, Siti Zabedah Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Puteri Intan Safinaz School of Accountancy (TISSA) HF5667 Professional Ethics. Auditors. The main purpose of the current study is to determine the factors that impact on internal audit effectiveness (IAE). In addition, the moderating effect of continuous learning on the relationship between internal auditors’ independence, top management support, relationship with external auditors, audit committee and auditees, funding and internal audit effectiveness is tested using empirical data. The contingency and agency theory are used to support the framework of the current research. Data was collected from internal auditors of oil and petroleum companies operating in Libya using a self-administered questionnaire. The collected data was analysed using SPSS by employing exploratory factor analysis (EFA) for selecting items of measurements. After preliminary data analysis and EFA, a sample of 126 internal auditors was used to test the proposed hypotheses with the help of multiple regression analysis. In addition to that, hierarchical multiple regression was employed to test the moderating effect of continuous learning on IAE. The results indicate that among the factors, internal auditors’ independence, top management support, relationship with external auditors, audit committee and auditees and funding, significantly influence IAE. Moreover, continuous learning significantly moderates the relationship between relationship with the auditees and external auditors and IAE in Libyan Fully Owned Oil and Petroleum Companies. This study contributes to the existing literature in the field of IAE and extends the application of the contingency and agency theories in the context of oil and petroleum companies. The results of the study can be used to enhance IAE, in general, and in oil and petroleum companies, in particular. The chief financial officers can use these results to enhance IAE and provide continuous learning to their internal auditors. This study provides several suggestions on how future studies can extend the current framework to uplift the knowledge related to auditing, especially internal auditing. 2019 Thesis https://etd.uum.edu.my/9425/ https://etd.uum.edu.my/9425/1/depositpermission_s92586.pdf text eng public https://etd.uum.edu.my/9425/2/s92586_01.pdf text eng public https://etd.uum.edu.my/9425/3/s92586_references.docx text eng public other doctoral Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Derashid, Chek Saidin, Siti Zabedah
topic	HF5667 Professional Ethics Auditors.
spellingShingle	HF5667 Professional Ethics Auditors. Hasan, Mustafa A Abduenabe Internal audit effectiveness in Libyan fully owned oil and petroleum companies: the moderating role of continuous learning
description	The main purpose of the current study is to determine the factors that impact on internal audit effectiveness (IAE). In addition, the moderating effect of continuous learning on the relationship between internal auditors’ independence, top management support, relationship with external auditors, audit committee and auditees, funding and internal audit effectiveness is tested using empirical data. The contingency and agency theory are used to support the framework of the current research. Data was collected from internal auditors of oil and petroleum companies operating in Libya using a self-administered questionnaire. The collected data was analysed using SPSS by employing exploratory factor analysis (EFA) for selecting items of measurements. After preliminary data analysis and EFA, a sample of 126 internal auditors was used to test the proposed hypotheses with the help of multiple regression analysis. In addition to that, hierarchical multiple regression was employed to test the moderating effect of continuous learning on IAE. The results indicate that among the factors, internal auditors’ independence, top management support, relationship with external auditors, audit committee and auditees and funding, significantly influence IAE. Moreover, continuous learning significantly moderates the relationship between relationship with the auditees and external auditors and IAE in Libyan Fully Owned Oil and Petroleum Companies. This study contributes to the existing literature in the field of IAE and extends the application of the contingency and agency theories in the context of oil and petroleum companies. The results of the study can be used to enhance IAE, in general, and in oil and petroleum companies, in particular. The chief financial officers can use these results to enhance IAE and provide continuous learning to their internal auditors. This study provides several suggestions on how future studies can extend the current framework to uplift the knowledge related to auditing, especially internal auditing.
format	Thesis
qualification_name	other
qualification_level	Doctorate
author	Hasan, Mustafa A Abduenabe
author_facet	Hasan, Mustafa A Abduenabe
author_sort	Hasan, Mustafa A Abduenabe
title	Internal audit effectiveness in Libyan fully owned oil and petroleum companies: the moderating role of continuous learning
title_short	Internal audit effectiveness in Libyan fully owned oil and petroleum companies: the moderating role of continuous learning
title_full	Internal audit effectiveness in Libyan fully owned oil and petroleum companies: the moderating role of continuous learning
title_fullStr	Internal audit effectiveness in Libyan fully owned oil and petroleum companies: the moderating role of continuous learning
title_full_unstemmed	Internal audit effectiveness in Libyan fully owned oil and petroleum companies: the moderating role of continuous learning
title_sort	internal audit effectiveness in libyan fully owned oil and petroleum companies: the moderating role of continuous learning
granting_institution	Universiti Utara Malaysia
granting_department	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate	2019
url	https://etd.uum.edu.my/9425/1/depositpermission_s92586.pdf https://etd.uum.edu.my/9425/2/s92586_01.pdf https://etd.uum.edu.my/9425/3/s92586_references.docx
_version_	1747828594161221632

Internal audit effectiveness in Libyan fully owned oil and petroleum companies: the moderating role of continuous learning

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