مسار بولونيا

فالح ماجد حسن

السنة عنوان البحث نشر البحث
2024 The role of internal audit in enhancing governance in economic institutions: a field study Scientific Research Journal of Economics and Business Management
This paper seeks to examine how internal audit contributes to good governance in economic institutions especially in adverse conditions of Algeria. Due to the complexity involved in the design and implementation of, financial and operation systems, internal audit has become a strategic process that can go beyond the simple identification of financial irregularities and misstatements. The findings demonstrate how internal audit supports the application of governance principles and how it enhances the management of risks, the level of transparency and organisational performance. Cross-sectional research was done of which involved internal auditors and senior management on a sample of Algerian economic institutions. The study established positive and significant correlation between the quality of internal audit and governance. In addition, the research discovered that institutions with good internal audit mechanism in place benefit from better transparency, enhanced risk management and organizational performance. According to these findings, institutions should improve internal audit mechanisms with a view to being sustainable and gain competitive advantage.