INTERNAL AUDIT REGULATIONS IN ROMANIA
          AND THEIR CONVERGENCE TO EUROPEAN EXIGENCIES

                     Victor Munteanu, Romanian-American University of Bucharest
                      Marilena Zuca, Romanian-American University of Bucharest
                        Alice Ţînţă, Romanian-American University of Bucharest


ABSTRACT: The aim of our approach is to clarify the role and position of the internal audit in the
functioning of the organizational systems within the present social and economic context.
On the one hand, the research had in view a systematization and reassessment, and, on the other
hand, a synthesis and analysis of the opinions found in the specialty literature about the above
mentioned subject and the regulations established by the various professional organizations and
national and international authorities existing in the field of research.
The internal audit is a dynamic process that should evolve together with the society and should be
strongly connected with its economic stage.

Key words: internal audit, corporative governance, management-audit relation.

JEL Code: M42