Thinking Global: Factors and Challenges Influencing the Audit Function

Abstract

Over the last decade, the desire to find solutions, achieve objectives and add value to increase performance has led to a focus shift towards programmes, projects and strategic instruments among policy and decisions makers, auditors, researchers, external consultants and why even every employee who bears responsibility in implementing processes and activities. There is also a need to improve the image of audit processes regarding strategic thinking in accordance with new and global directions. Yet society and the environment in general have become over the past decades less and less predictable, increasingly unstable, and dynamic. Therefore, the objective of this research is to understand the factors that have an impact on audit system capacity and to explore opportunities and challenges affecting this strategic resource in the Romanian public administration. The combined research methods of this analysis corelated with our findings represent the basis of this study.