ENHANCING CORPORATE MANAGEMENT AND AUDIT QUALITY THROUGH EFFECTIVE INTERNAL AUDIT PRACTICES: EMERGING TRENDS AND INNOVATIONS

Abstract

This study investigates the critical role of internal audit practices in strengthening corporate management and enhancing audit quality. Recognizing that sound audit practices are fundamental to corporate management, the research explores emerging trends, such as technological advancements, automated compliance tools, and agile auditing methods. By employing a conceptual and descriptive research design and analyzing secondary data, this study identifies key factors influencing the effectiveness of internal audits. Findings indicate that high-quality internal audit practices significantly improve transparency, reduce external audit fees, and foster stakeholder confidence. The paper concludes with recommendations for organizations to adopt innovative internal audit practices to enhance their management frameworks and ensure the integrity of financial reporting.