Authors: Andreas Koutoupis

Title: The impact of Internal and External Audit on the employees’ performance

Abstract

The complexity and the consecutive changes in the market, as well as the achievement of company goals led to the increasing need for the adoption of adequate Internal Control Systems as well as more effective Internal and external audit activities.

Apart from the benefits that these audits add to the economic entity, they also interact with the employees. This specific paper aims to determine and analyse whether or not, and if so to what extent, the performance of the employees is affected by internal or external audit (positively or negatively). This project was carried out in shipping companies whose registered offices are in Greece and the conclusions are various and quite interesting.