Abstract

This research sought to investigate the impact of internal auditing systems on profit performance.
The main objective is to find out what strategies can company managers use to strengthen
internal auditing systems in the organization. A descriptive research design was used, where a
qualitative and quantitative data collection approach was used in designing a semi structured
questionnaire. The targeted population size was 60 employees. The researcher made use of
probability and non- probability sampling which consist of accountants, senior managers,
procurement officers, auditors and a sample size for the study was 50 employees who were
available to respond at NSSA in Harare. The research instrument which is the questionnaire, was
distributed online for data collection. Data collected was presented, analyzed and interpreted
using figures, tables and graphs. The research method was a descriptive survey designed of
which quantitative and qualitative methods were used. Package for Social Science was used for
statistical analysis and charts, tables and graphs were used for data presentation. The findings
were that internal auditing systems are used to safeguard company assets, help in meeting
company objectives, ensure compliance to procedures, monitor organizational performance and
minimize risk of fraud. The research concluded that internal auditing systems has to be efficient
and give a strong impact on profit performance of an organization. The major recommendation
for NSSA in Zimbabwe is to maintain strategies to strengthen auditing and comply to enhance
profit performance.