Academy of Accounting and Financial Studies Journal (Print ISSN: 1096-3685; Online ISSN: 1528-2635)


The Use of Internal Audit Standards to Achieve Strategic Audit Performance for Bank Departments, a Study Applied to the International Development Bank

Author(s): Qabas Abdulrazzaq Ahmed Alsalmani, Bayan Jowmer Maykan Al-Mandalawi, Ihsan Deab Abid

The study aims to demonstrate and present the ability and potential of banking institutions in general and the Internal Audit Division of the International Development Bank in particular to achieve and develop sustainable audit performance of bank departments, by measuring the extent to which they apply international standards of professional practice for internal audit (Institute of Internal Auditors (with sustainable aspects related to attribute standards) and performance to diagnose areas of strength and weakness, where the theoretical and inductive approach to the practical aspect has been followed, and one of the most important conclusions of the study is that the application of international internal audit standards (IIA) with environmental, social and economic aspects, works to achieve and develop management with sustainable thinking and strategic orientation, but it turns out that the reality of practicing the procedures of the profession of the Internal Audit Division/International Development Bank was fluctuating and weak in accordance with international professional standards of internal audit.

Get the App