Downloads: 1
Research Paper | Accounting | Volume 15 Issue 4, April 2026 | Pages: 221 - 226 | Papua New Guinea
Systematic Review of the Strategic Role of External and Internal Audit in Enhancing Corporate Governance and Organisational Accountability
Abstract: This study examines the role of internal and external audit in strengthening corporate governance and organisational accountability, highlighting how linking these audit functions to governance outcomes can influence practical decision-making and policy development. It addresses the lack of integrated empirical and theoretical evidence on these audit functions in prior literature by conducting a systematic literature review of studies published between 2020 and 2025. The analysis identifies that both audit types contribute significantly to improving transparency, compliance, risk management, and control systems. Findings further indicate that integrating internal and external audit enhances governance effectiveness and supports informed decision-making. The study proposes a novel conceptual framework linking audit mechanisms to governance outcomes and highlights implications for organisations seeking to strengthen accountability. These findings contribute to the existing literature by bridging fragmented audit perspectives and provide a basis for future empirical research on governance systems.
Keywords: External audit, internal Audit, corporate governance, risk management, Compliance, audit integration, control systems, organisational Accountability
How to Cite?: Frank Oki, Dr Sivanathan Sivaruban, "Systematic Review of the Strategic Role of External and Internal Audit in Enhancing Corporate Governance and Organisational Accountability", Volume 15 Issue 4, April 2026, International Journal of Science and Research (IJSR), Pages: 221-226, https://www.ijsr.net/getabstract.php?paperid=SR26323121912, DOI: https://dx.dx.doi.org/10.21275/SR26323121912