Effective's internal controls in Investment companies from the viewpoint of independent auditors

This research examines the effective internal controls in Investment firms from the viewpoint of external auditors. Due to the special nature of investment firms and complex transactions (online Transactions and future Transactions and …) and also lack of resources for internal controls being responsive to investment firms, research in this area seems necessary. In this research using library resources and query and consulting with investment firm's managers and the independent auditors responsible for auditing investment firms, a questionnaire containing effective internal controls in investments firms has been provided for the external auditors to express their opinion. The sample consists of 100 external auditors. This study is descriptive and the questionnaires have been used for research purposes. To analyze the data, the mean and a binomial test (ratio) by software SPSS have been used. The results of research display a list (Transactions Regulations adopted by the Board, Separation of duties, Periodic review by the Office of transactions and compliance with the CEO and…) of internal controls in investment firms.