Abstract

Using Modern Strategic Audit Tools to Develop and Improve Internal Auditing in the Iraqi Environment

Karar Jasim Najm

Volume: 12 Issue: 3 2022

Abstract:

It is necessary to take into account the development that occurred in the business environment of organizations, which required the internal audit function to evolve to include aspects of operational auditing and providing administrative and technical advice. This is done by expanding the scope of audit to include the study of the external environment in addition to the internal environment of the organization. Strategic audit and the use of its tools. The problem of the research is the incompatibility of the traditional internal audit programs for organizations with their internal and external environment, and it also aims to identify the concept of strategic auditing for business organizations, as well as design a proposed work program for the development of internal audit procedures that includes procedures and steps for strategic auditing . The research reached a set of conclusions and recommendations , where the most prominent conclusions were : The research revealed that internal auditing devices can be developed by adopting an audit program that includes steps and procedures for strategic auditing by internal auditors , and this was evident through the descriptive analysis of the research variables, and that Internal audit does not add value to the company without taking into consideration the study of its objectives and strategies when planning and implementing the internal audit process. The most important recommendations of the research are: The need to use strategic audit tools by internal auditors and work to expand the scope of the internal audit work to include the external environment of the facility in addition to its internal environment and to adopt the proposed internal audit program . The internal auditor must also audit the company’s strategic goals and verify its consistency with the company’s vision and mission as well as with the plan In addition to the necessity to involve internal auditors in training and qualification courses in the field of strategic auditing methods such as the SWOT analysis tool and to develop their scientific and practical skills.

DOI: http://doi.org/10.37648/ijrssh.v12i03.011

Back Download

References

• Ibrahim, Ihab Nazmi, Business Risk-Based Audit: Modernity and Evolution, Arab Society .Library, first edition, Amman, Jordan, 2009
• Arens, Alvin and Lobeck, James, revision, integrated entrance, translated by Muhammad Abdul Qader Al-Dusti and Ahmed Hamid Hajjaj, Dar Al-Marikh for Publishing and .Distribution, Riyadh, Saudi Arabia, 2009
• Ismail, Hussein Muhammad, Marketing in a nutshell, first edition, Dar Al-Hamid for Publishing and Distribution, Amman, Jordan, .2013
• Al-Awsi, Faten Khalil Majeed, The Role of Internal Audit Standards in Raising the Efficiency of Internal Auditing, Master’s Thesis, Higher Institute for Accounting and Financial Studies , University of Baghdad, .2008
• Al-Bishtawi, Suleiman Hassan Suleiman, performance evaluation according to theBSC system using the integration between the costing and management systems based on activities, a case study of Jordanian banks, a doctoral thesis, College of Administration and Economics, Al-Mustansiriya University, .2001
• Thomson, Arthur A and Strickland, A, G, Strategic Management: Concepts and Practical Cases, Part One, First Edition, Library of Lebanon Publishers, Lebanon, .2006
• El-Gazzar, Mohamed, Internal Control - The Method of Achieving Preventive Control and Developing Competence, Ain Shams Library, .Cairo, 1987
• Gomaa, Ahmed Helmy, Government Internal Audit, first edition, Dar Al-Safa Publishing .and Distribution, Amman, Jordan, 2011
• Hussein, Asaad Mubarak and Al-Sir, Mona Taj, Accounting information systems and their role in applying strategic auditing in the banking sector, Red Sea University Journal, Sixth Issue, Faculty of Economics and .Administrative Sciences, Sudan, 2014
• Khalaf, Salah Nouri, The importance of internal auditing and the extent to which the Financial Supervision Bureau has relied on it as an external auditor, PhD thesis, Higher Institute of Accounting and Financial Studies, .University of Baghdad, 2004
• Dahmash, Naim and Aburs, Afaf Ishaq, Controls and Internal Auditing in the Information Technology Environment, Fifth Annual International Scientific Conference Knowledge Economy and Economic ) Development), Faculty of Economics and Administrative Sciences, Al-Zaytoonah .University, Jordan, 2005
• Al-Douri, Zakaria Mutlaq, Strategic Management, Concepts, Operations and Case Studies, Arabic Edition, Al-Yazuri Scientific and Distribution House, Amman, Jordan, .2005
• Al-Thneibat, Ali Abdel Qader, Auditing Accounts in the Light of International Standards - Theory and Application, Third Edition, National Library Department, .Amman, Jordan, 2010
• Roehl, Janice. M and Bragg, Anderson Stephen, The Function of the Financial Controller, translated by Ahmed Muhammad Zamil, Research Center at the Institute of .Public Administration, Riyadh, 2001
• Al- Ziyadi , Salima Idan, Internal Audit of Operational Activities and Its Impact on Supporting the Effective Operation of Health Units, PhD thesis, Higher Institute for Accounting and Financial Studies, University .of Baghdad, 2015
• Suleiman, Ahmed Shawky, Strategic Review in Business Organizations, International Journal of Islamic Economics, Issue 40, .Manama, Al-Bukhrain, 2015
• Jumaili, Waad Hussein Shallal, the features of applying strategic auditing in Iraq, a study in a sample of companies in Nineveh Governorate, Anbar University Journal of Economic and Administrative Sciences, Volume 4, Issue 9, .2012
• Al-Sabbagh, Zuhair and Abu Nabaa, Abdel Aziz, Strategic Audit of Manpower Management, King University Journal, .Administrative Sciences, No. 2, 1990
• Suncor, Adel Hamid, auditing the strategist and his role in to improve Expectations futuristic for prices oil raw Iraqi using SWOT ,Analysis , PhD ThesisHigher Institute for Accounting and Financial Studies , University .of Baghdad , Iraq, 2015
• Abdullah, Heba Mahmoud Hussein, The extent of commitment toSix Sigma in controlling the quality of internal auditing, Master’s thesis, Islamic University, College of .Commerce, Gaza, Palestine, 2012
• Abdullah, Khaled Amin, The Science of Auditing - Theoretical and Practical Perspectives, Dar Wael for Printing and Publishing, first edition, Amman, Jordan, .2000
• Al-Obaidi, Nada Asaad Ismail, Evaluating Strategic Performance Using the Balanced Score Card, PhD thesis, Higher Institute of Accounting and Financial Studies, University .of Baghdad, 2009
• Al-Afifi , Abeer Muhammad Fathi , Obstacles to work Internal Audit Units and Suggested Mechanisms To increase its effectiveness , Master's Thesis, The Islamic University, .College of Commerce, Gaza, Palestine, 2007
• Othman, Abdul Razzaq Muhammad, The Fundamentals of Auditing and Internal Control, second edition, Dar Al-Kutub for .Printing and Publishing, Mosul, Iraq, 1999
• Ali, Moqbel Ali Ahmed, “Using the economic value added to measure and evaluate the performance of joint stock companies, an accounting approach,” PhD thesis, Faculty of Administration and Economics, Aleppo .University, Syria, 2010
• Al-Omari, Ahmad Muhammad and AbdulMughni, Fadel Abdul-Fattah, “The Extent of Application of the Accepted Internal Audit Standards in Yemeni Commercial Banks, The Jordanian Journal of Business Administration, .Volume Two, Issue Three, 2006
• Al-Esawy, Muhammad Hussein and Al-Ardi, Jalil Kazem and Al-Abadi, Hashem Fawzi, Sustainable Strategic Management: An “ Introduction to Managing Organizations in the Third Millennium” First Edition, Al-Warraq Publishing and Distribution, Amman, Jordan, .2011
• Crows, Fatima Saleh Mahdi, the relationship between internal auditing and the environment of economic units, PhD thesis, College of Administration and Economics, University of .Baghdad, 2009
• detector , Mahmud Youssef , Toward Framework integrated To develop effectiveness Review interior as an activity Host For value , The Scientific Journal of Economics and Trade, Faculty of Commerce, Ain Shams University, Fourth Issue, Cairo, .2000
• Kaabi, Haider Mutashar Muaijel, ' The Impact of Strategic Audit on the Performance of Tax Accounting ' Master's Thesis, The Higher Institute for Accounting and Financial .Studies , University of Baghdad, Iraq, 2016
• Makhlouf, Ahmed Muhammad, Internal Auditing under International Standards for Internal Auditing in Jordanian Commercial Banks, Master Thesis, Faculty of Economics and Management Sciences, University of .Algiers, Algeria, 2007
• Al-Mudallal, Youssef Saeed, The role of the internal audit function in controlling financial and administrative performance, Master's thesis, Faculty of Commerce, Islamic .University, Gaza, 2007
• Al-Madhoun, Ibrahim Rabah, The Role of the Internal Auditor in Activating Risk Management, Master Thesis, The Islamic University, Faculty of Commerce, Gaza, .2011
• Albert, K, The strategic management handbook, New york: MacGraw Hill, 1983.
• Arjan , J. , Van weele , 'Purchasing & Supply Chain management : analysis , strategy planning and practice 'Eindhoven university of technology , Natherlands, 2010
• David, Fred R., (2011), 'Strategic Management: Concept & Cases', 13th ed., prentice Education, Inc., New Jersey, USA.
• Heidi Lehtonen & Liisa Sipilä , 'Competitors analysis and strategic marketing planning in a Hvac company-case company' : Lvi-kallio oy, international business and marketing logistics, April, 2007
• Hohmann, Carlo, 'Telenium-Gaining knowledge in the German It market: Chances and Risks, A case study,' 2013.
• Lenz, Sheila, 'Harley-Davidson, Inc.: A Strategic Audit,' Western Michigan University, Honors Theses, Paper, 1853, October, 2010.
• Moller, Robert & N. with ''Brink's Modern Internal Auditing'' Wiley & sons, 1999 .
• Raj, Radha, (2007), 'Corporate planning and strategic human resources management', First Edition, Pune, India.
• Tony Grundy, 'Strategic audit: why it's vital to give your strategy a health check', 2007 Gale, Cengage Learning, Chartered Institute of Management Accountants (CIMA).