Understanding the Identity of Internal Auditors Using Grounded Data Theory and Iceberg Theory of Organizational Culture

Abstract

Internal auditing, as a key activity in organizations, plays an important role in ensuring transparency and accountability. Given the rapid changes in the business environment, the need for internal auditors with high competencies is felt more than ever. This article examines the identity of internal auditors using role theory and the iceberg model. Role theory examines social and professional expectations of internal auditors, and the iceberg model shows that many characteristics related to this profession lie below the visible surface. Professional competencies include analytical skills, effective communication, and in-depth knowledge of laws and regulations that can affect audit quality. The identity of internal auditors is considered one of the key factors in improving the transparency and efficiency of organizations. Internal auditors are not only responsible for assessing and monitoring financial and operational processes, but also play an important role in risk management and ensuring compliance with laws and regulations. However, their true identity goes beyond formal and specific duties and includes both overt and covert aspects that are essential to understand for the effective exploitation of internal auditors’ capabilities. Ultimately, understanding the identity of internal auditors and the factors affecting it can lead to improved performance and increased value added for organizations.