حسابرسی داخلی و کمبود اطلاعات مالی در بخش بانکی اسپانیا

The internal audit function (IAF) has taken on a major role in the regulation of corporate governance. In this sense, the quality of financial information is essential in order to supervise the reliability of financial reporting. This paper examines whether the structure and characteristics of the IAF affect the quality of financial reporting. An analysis has been made on the internal audit departments of Spanish banks, using a sample of 47 entities. The results show that the financial reporting quality has a positive and significant relationship with some characteristics of IAF quality that contribute to the entities presenting higher quality financial information, namely, qualified and independent internal auditors.