The effectiveness of internal audit procedures in banks in reducing administrative and financial corruption
Year: 2021
Type: article
Study design: Observational Study
Abstract: The research aims to demonstrate the effectiveness of internal audit procedures in banks in reducing administrative and financial corruption, and to achieve the goal of the research, (100) questionnaires were prepared and distributed to a sample of internal audit employees working in Iraqi banks, and the research hypothesis was tested and the data analyzed through the use of some methods. Appropriate statistic The most important results were reached: The existence of an effective and efficient internal audit in banks helps to discover administrative and financial corruption and thus reduce it. The study concluded with a set of recommendations, the most important of which were: the need to increase interest in internal auditing, after which one of the most important elements of effective internal control, and the need to adopt continuous training for internal audit workers to keep pace with modern audit mechanisms, and the observations of internal auditing from the bank management should be responded to quickly.
DOI: 10.31272/jae.i129.64
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4407289751