The Analysis of the Relationship between the Public Domain of the Ministry of Public Finance and the Risk Level in the Public Internal Audit

Author:Gabriela ŢUŢUEANU, Ph. D. Student

JEL:H39

DOI:

Keywords:risk level, public internal audit, control in the Ministry of Public Finance

Abstract:
The objective of the present research paper is to define the relationship between the public relations departments of the Ministry of Public Finance and the risk level of the public internal audit. The statistical analysis method based on the identification procedure of the existence of a relationship between the variables, by means of the function noted χ2, as well as of the intensity of this relationship, by means of the Pearson coefficient – as an association coefficient noted C, is used by the audit teams in order to identify the existence of a relationship between the audited working areas (X variable) and the level of the encountered risks (Y variable). Based on the intensity of the existent relationship, auditors either feel certain that all the audit methods have been used and all the phases have been followed, so that the audit engagement has been well performed, or they carry out a more thorough analysis of the primary documents, meant to identify the risk generating causes, the circumstances of their generation and the auditor’s recommendations, in order to provide the management with a reasonable assurance on the resource administration and fraud detection. \r\n

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