Abstract:
The primary purpose of this study is to investigate the level of internal audit practices
in the state universities of Sri Lanka. The researcher selected two high, middle, and
bottom national and international-rank Sri Lankan state universities to find out
significant mean differences regarding internal audit practices among the selected top,
middle, and bottom rank state universities in Sri Lanka. The researcher used mean
difference analysis; the t-test confirmed that there are no significant mean differences
regarding internal audit practices among selected top, middle, and bottom-rank state
universities in this study. Descriptive analysis shows that internal audit practices in state
universities are below than moderate level in selected state universities in Sri Lanka.
