Implementation of a Risk-Based Internal Audit Approach According to International Internal Audit Standards
Year: 2025
Type: article
Abstract: Risk-based internal auditing (RBIA) is at the forefront of internal audit practices.Consequently, there remains limited consensus on the best method for its implementation.This study aims to analyze how to implement the risk-based internal audit approach in accordance with the requirements of international internal audit standards.The study details all stages of implementing this approach through an organized methodology that contributes to achieving the organization's objectives.The findings indicate that adopting this approach enhances the efficiency of internal auditing by focusing on inherent risks that may affect the achievement of organizational goals.The study also demonstrates that compliance with international standards improves the accuracy of risk auditing and enhances the effectiveness of resource allocation.Finally, the study emphasizes the necessity of integrating internal auditing with risk management strategies to ensure the organization's success in achieving its objectives.
DOI: 10.56334/sei/8.4.16
Authors: Fekir Nadia, Fekir Samia, Chikhi Billal
Institution: University Mohamed Boudiaf of M'sila
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4410403258