Anna Królak, Patrycja Kurowska, Wojciech Giermaziak

How does the internal audit fit into the theory of business psychology and behavioral economics?
2018-07-10

DOI: 10.32383/farmpol/118763

Management is the general scope of activities of processes and decisions the use of which is to ensure conditions leading to the achievement of set goals. Nowadays concept of management is inextricably linked to behavioral economics and business psychology. In the light of behavioral economics, emotions are the basis for making decisions. To implement his tasks, the auditor must act in an independent and objective manner. However, a number of factors can influence the effectiveness of decisions made by him. The decisions made by man are not free of errors and what seems crucial, especially to internal auditor, is their awareness and understanding.

Keywords: internal auditing, managerial psychology, behavioral economics, decision-making, nudge

© Farm Pol, 2018, 74 (7): 398–404