This paper explores the views of managers and independent auditors to audit institutes and organizations associated with the need for a new report entitled Report of the useful internal controls and its impact on the overall improvement of financial reporting, to compare the deals. The method used descriptive survey. According to the study population consisted of directors of listed companies in Tehran Stock Exchange as well as auditors and audit organizations working in the public audit firms and certified public accountants Iran is the Securities and Exchange. The required information was collected using a questionnaire. To analyze the data from the test was used to compare means. The results show that managers and auditors have focused on the usefulness of this type of report. Administrators voluntary reporting on internal control, management, financial reporting improves. The auditors also believe that mandatory reporting of management on internal control, financial reporting does not improve. Other results show that between administrators and auditors in connection with the internal control reporting, there is a significant difference.
International Letters of Social and Humanistic Sciences (Volume 64)
S. Mohammadi and A. Shirzad, "The Effectiveness of Internal Control Reporting on Improving Financial Reporting", International Letters of Social and Humanistic Sciences, Vol. 64, pp. 52-65, 2015