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Analysis Study Research Paper | Accounting | Ghana | Volume 13 Issue 4, April 2024

Audit Committees and Internal Audits: Has Corporate Governance Improved in the Ministries' Department and Agencies?

Stella Adjei

Abstract: This research aimed to determine whether corporate governance has improved since implementing an Audit Committee. Primary data was collected through questionnaires to facilitate analysis. The study utilized the PLS - SEM method with smart - PLS to examine the relationship between variables. The results revealed a positive correlation between the corporate governance of Ghana's Ministries Departments and Agencies (MDAs) and the audit committee and team characteristics since the introduction of the Audit Committee. Additionally, the findings indicated that an efficient audit process is closely tied to the audit committee, internal audit function, and corporate governance of MDAs. These results provide valuable insights for generating policies related to corporate governance, using audit committee and internal audit function characteristics.

Keywords: audit, MDAs

Edition: Volume 13 Issue 4, April 2024,

Pages: 478 - 483