Research in Internal Control Evaluation.

Key Points

• This review aims to summarize existing research on the evaluation of internal accounting controls and identify gaps for future investigation.
• Categorization of research activities into documentation, evaluation, and reevaluation.
• Distinction between practice description and theory building/testing.
• Discussion of various research technologies used in the field.
• Research on internal controls has shown significant progress in developing a cohesive body of literature.
• Several opportunities for further research in internal control evaluation practices are highlighted.
• The review outlines gaps in theory building and practical applications.