Internal Audit Personal Statement

On completion of my higher education, I am going to continue my career in internal audit sector, to combine theory and practice and apply international experiences in the field. The knowledge and skills that I gain from the course are essential for practitioner in developing country like me in order to provide more effective assistance to local counterparts and communities. Together with other internal auditors, I would like to set up an association to connect to the network of institutes around the world and support internal audit activities in Vietnam.

The very first objective of my study in the United States of America is to research on the methods to build a strategic internal audit function, especially in developing countries. With time,

This system has been applying widespread in Western countries while in Vietnam, there is still no official regulations that control internal audit activities in organizations granted that internal audit is an emerging sector which was appeared the first time in 1997. Moreover, in a recent survey, most of chief audit executives argue that the international standards do not fit their organization’s operation and they do not have detailed plans to apply them. I believe that it is necessary to have national standards in foreseeable future as well as a long-term plan to apply international standards in further future. However, another striking feature of internal audit field in Vietnam is the lack of national professionals, a phenomenon leading to more difficulties for the development of standards in the country. Therefore, it is obvious that the combined skills and knowledge the course offers will give me valuable resources to take home and contribute for not only my own organization growth but also my

In developed countries, Brink and Witt noted that “internal auditing group moved to very high levels in all operational areas and has established itself as a valued and respected part of the top management effort”. In contrast, internal audit is still in the very first stage of development in Vietnam and the statement of responsibility of internal audit function indicates that they mostly deal with accounting and financial matters. Few large Vietnamese enterprises have internal audit department and nearly none of them act as strategic consultant to the management. Therefore, I target to make a penetrative study of successful examples of US enterprises. During my time in the US, I plan to enrich my experience by taking an internship in an American company if possible which is encouraged by the Mays Business School. These critical academic and practical skills will enable me and other Vietnamese colleagues with whom I will share my knowledge upon return home to gain renewed strength and insight in understanding the way to boost the role of internal audit function in both international and national contexts.

In conclusion, I would like to reiterate that it is a long travel to the destination in my career and it will take a lot of time and effort to achieve since there are many things out there for me to study to become an internal audit expert. Therefore, the Master’s Program of