Testing of the Value Added Metric of the Internal Audit for the Municipality of Varna for the Period 2011–2016
The previous chapter of this work presents the metrics for internal audit quality assessment. The indicators were grouped in terms of indicators that characterize only the audit unit; indicators that characterize the overall audit unit (i.e. the organization concerned); and indicators that refer to the characterization of the audit process and the financial management and control system (FMCS). Due to the specificity of the components that make up the individual indicators and because of the limitations of the information for the survey, the sources that are available according to the Access to Public Information Act are the mainly used ones. In this part of the research, we will mainly examine the indicators that characterize the change of the audited object under the influence of the internal audit.