Recommendation

1. The researchers recommend a reward and punishment system in order to give

reward to Internal Auditors who are complying with the management`s standard
policies and procedures as well as aligning their works with the mission and
vision of the management. When it comes punishment system, they should set
rules and regulations and when an Internal Auditor committed mistake or done
something that is not the standard procedure the Human Resource Manager
should implement proper action to the Internal Auditor. It may be a memo, a
recall or a termination.

2. The researchers recommend future studies to dig in to the risk assessment

procedures that an internal control department have in the management nowadays
and assess where there is in need of improvement. To know where these factors
can somehow lead to certain crimes such as fraud and theft to the management.

3. The researchers recommend future researchers to aim to formulate new and

innovative internal auditing standards and policies for the betterment of the
management. To help them achieve a reliable and credible standing on the
industry and help them manage losses that can and may occur though the
incompetence of their employees and staff.

4. The researchers recommend future researchers to assess different situations that

an internal auditor may enter into and to identify certain loopholes that can lead
to manipulation of their reports and cause serious problem to the company.