Reflection of Internal Control Evaluation on the Quality of Internal Auditing

Аннотация

The internal auditing function is considered one of the most important functions in organizations, as the internal audit department is directly linked to senior management. It audits all financial and non-financial matters and evaluates how departments adhere to internal control policies and procedures. This is achieved by using internal control evaluation tools. The internal auditor provides an impartial, fair technical opinion in the reports submitted to senior management to achieve the set goals. In return, a program is developed to improve quality, monitor the internal auditors' adherence to professional ethics, assess the efficiency and effectiveness of internal audit activities, and identify available opportunities for improvement. The research problem lies in identifying the role of internal auditing in evaluating internal control in general and at Al-Nahrain University in particular. It also aims to investigate whether a program for quality improvement contributes to enhancing the effectiveness and efficiency of internal audit activities. The research aims to determine the necessity of the internal audit function in institutions and the ability of the organization to achieve its objectives through evaluating internal control, as well as the importance of having a quality improvement program. One of the most important conclusions and recommendations reached is that the number of staff does not match the volume of work, as the number of students admitted to our university exceeds the planned capacity. Additionally, the lack of a substitute performing the duties of the authorized person in their absence leads to the authorized person taking the laptop outside the university without obtaining the proper approvals to perform the work. It is essential to provide sufficient staff working in the departments (colleges) to avoid mistakes and complete tasks on time. Furthermore, a substitute should perform the tasks in the absence of the authorized person to prevent taking the laptop outside the institution. Keywords: Evaluation, Internal Control, Internal Audit, Quality, Internal Auditor. Introduction: Internal control is one of the most opinions through reports to senior management in important pillars that enable organizations to carry out order to achieve objectives. The problem of the their activities in the best possible manner, as it research lies in clarifying the role of internal auditing in includes internal control departments (internal evaluating internal control in general and at Al-Nahrain auditing, accounting control, administrative control, University in particular, and whether a quality and internal auditing). It is considered one of the active improvement program contributes to enhancing the arms of senior management in protecting its assets effectiveness and efficiency of internal auditing from theft and loss, ensuring data accuracy and activities. reliability, adherence to the established administrative Research Problem policies, and improving productivity efficiency. The The research problem lies in clarifying the role of internal auditor uses evaluation methods to identify internal auditing in evaluating internal control in weaknesses and flaws and raises fair and neutral International Journal of Management and Economics Fundamental 59 https://theusajournals.com/index.php/ijmef International Journal of Management and Economics Fundamental (ISSN: 2771-2257) general, and specifically at Al-Nahrain University. Does field of application for the practical aspect of this a quality improvement program contribute to research. enhancing the effectiveness and efficiency of internal 2. Temporal scope: The period from 2020 to 2021, auditing activities? which witnessed changes in the university's Research Importance organizational environment The importance of the research stems from the fact that the internal auditing function has become one of Method and Tools for Data Collection the most important roles and pillars in organizations, as Theoretical Aspect it is a control tool that activates all the controls governing the institution's work. As an independent 1. Laws, regulations, and official documents. department directly linked to the senior management 2. Arabic and foreign books. of the institution, it provides a neutral technical opinion 3. Theses, dissertations, and scientific research papers. about the observations made during its work in order Practical Aspect to improve the institution's performance and achieve the desired goals. Furthermore, it helps the 1. Direct interviews with specialists from the organization realize these goals into actual results departments and sections involved in the research through evaluating internal control. sample. Research Objective 2. Observations and inquiries made by the researcher 1. To determine the necessity of the internal auditing function in organizations. The Conceptual Framework for Internal Control and 2. To assess the ability of organizations to