1.5 Significance of the study The study revealed sufficient information to the public on how integrity, objectivity, confidentiality and competence of internal auditors influence internal audit effectiveness. Hence, public institutions will benefit from the study findings to improve their internal audit functions. Also, the study provided useful information which assist national and international professional bodies in reviewing and recommending best approaches of applying code of ethics for internal auditors in their public sectors.
Likewise, the study provided reference materials for students on internal audit courses and consequently contributes to their professional development. Furthermore, the study is very important to academic researchers as the information provided will assist them in developing research papers focusing on the relationship between internal audit effectiveness and code of ethics for internal auditors. The findings of the study show that, there is a slightly linear relationship between the effectiveness of internal audit function and the elements of the code of ethics for internal auditors.
Thus, this kind of findings will ultimately help academic researchers in the fields of auditing and accounting.
