Applying principles to report preparation of an internal audit focusing on users’ expectation

Abstract

Internal audit reporting is the final step in the process of internal audit performance. Internal audit report exhibits
different components relating to the nature and purpose of an internal audit. Although the report is normally a formal
disclosure of the internal audit performance and audit results, it impacts on top managers’ care about the development
of internal audit function within a business. Since, the function’s quality needs to be improved itself including the
improvement of internal audit reporting preparation. This study considers applications of relating principles for building
an internal audit report to its user positively concerning the current situation of internal audit function in Viet Nam