Internal Auditing and Organizational Performance in Rama Rwanda

ABSTRACT The purpose of this research is to find out the relationship between internal audit and the organizational performance of public companies in Rwanda with reference to Ia Rwandaise d’Assurance Maladie (RAMA). The objective of the study was to prove out whether internal auditing is contributing or not on the performance of La Rwandaise d’Assurance Maladie. The related literature was reviewed to understand the concepts and to show the relationship between different concepts under study. Primary data was collected by use of questionnaire and interviews. Both open and closed ended questions were also used. In the process of collecting primary data, universal sampling technique was employed, where all 125 respondents of RAMA staff were taken in the side of auditees whereas for auditors we dealt with the whole population i.e three. The data were later analyzed and interpreted in form of statistical tables and percentages by the use of SPSS and correlations. The research findings revealed that internal audit unit in RAMA is complying with international standards of auditing and contributes highly to the organizational performance of RAMA in spite of some challenges such us top management interferences or delay in implementing the agreed audit recommendations In a bid to come up with these impediments, a number of recommendations have been made to increase the performance of the internal audit and the organizational performance consequently.