Ineffective Audit Committees Undermine Public Sector Accountability in Emerging Economies
The article looks at how well audit committees and internal audit functions work in South Africa's public sector. The researchers found that while these functions exist, they are not very effective. This is because they lack advice, don't act on recommendations, and don't have enough resources. To improve, audit committees need to oversee internal audit functions better. When both units work well, resources are used efficiently for the benefit of everyone involved.