Statements

Mean

SD

Rank

1

Internal auditor of my firm/audited firms is independent.

4.02

1.073

4

2

Internal auditor contributes to the activation of corporate governance.

3.94

1.092

5

3

Internal auditors have sufficient knowledge of the standards that are necessary to activate the principles of governance.

3.66

1.027

14

4

Internal audit process contains procedures to ensure that the principles of corporate governance are applied.

3.79

0.999

11

5

Internal auditor examines the firm’s procedures to ensure compliance with policies, plans, systems, laws and regulations and the extent of contribution to activating the principles of corporate governance.

3.94

1.009

5

6

Internal audit unit provides mechanisms for improving the performance levels of the company through corporate governance.

3.62

0.945

15

7

Internal audit unit ensures that shareholders have the right to participate and obtain information about the fundamental changes in the company.

3.55

0.951

16

8

Internal auditor reports specify clearly recommendations/potential of problems arising from audit findings.

3.89

0.866

7

9

Management seriously views recommendations and corrective actions from audit report as an avenue for improvements.

4.06

0.845

3

10

Compliance with corporate governance regulations improves the internal audit recommendations for better corrective actions.

4.19

0.647

1

11

Board of directors has an audit committee responsible for monitoring financial and non-financial compliance activities of management.

4.15

0.780

2

12

Internal audit unit and audit committee disclose any event that may affect the shareholders.

3.89

0.840

7

13

Internal auditor submits a report to the board of directors and the audit committee about the company’s commitment to implementing the rules of corporate governance.

3.89

0.759

7

14

Audit committee provides the necessary recommendations to activate the governance.

3.83

0.892

10

15

Internal audit in my firm/audited firms plays an important role to activate corporate governance.

3.79

0.883

11

16

Internal audit of my firm/audited firms is effective and there is reasonable assurance that corporate governance goals achieved.

3.77

0.865

13

Average

3.87

0.905