The Valances of the Internal Audit in Relationship with the Internal Control – Corporate Governance

In a market which is competitive and affected by systemic risks that endanger the good, secure and continuous functioning of activities, the entities generate behaviours which mark rights and obligations that highlight the necessity of adequate leadership and control systems, through which a rigorous management of the risks that could affect the targeted objectives is insured. Actually, these objectives are facilitated by the existence of an independent function that evaluates the processes of governance, internal control and risk management. From this perspective, the internal audit, which is an objective and independent function, through its formulated opinions and recommendations, it supplies reasonable insurances to the management, which gives it an essential role in the frame of the analysed relationship. This study proposes testing this hypothesis, so that the carried research has focused on the identification of new valences through which the internal audit could contribute to the improvement of the corporate governance.