THE ROLE OF INTERNAL AUDITOR IN ENHANCING RISK MANAGEMENT: AN APPLIED STUDY IN IRAQI BANKS

Abstract

This study aimed to investigate the impact of internal auditing on risk management in light of internal auditing standards. The study was conducted on a sample of banks operating in Iraq, where data was analyzed through an empirical study and a questionnaire was conducted, using international internal auditing standards as a tool. The results of the study showed a strong positive relationship between internal auditing and risk management by contributing to improving risk management procedures and enhancing internal control in banks. The study recommended the importance of enhancing the role of internal auditing as an effective tool in improving risk management in public banks.