Abstract

The aim of this study is to assess the effectiveness of internal auditing in evaluating the internal control system. It is clear through the study that internal auditing plays an effective role in the restructuring of the internal control system. The aim of the study is to establish the role of this internal audit in implementing the concept of corporate governance. It also dealt with internal auditing and internal control in an institutional environment that applied the concept of corporate governance and highlighted the role of governance in coordination among them. In this study, the researchers relied on the contemporary scientific method, which is based on the combination of the inductive and the deductive approaches, where the researchers extrapolate the literature from the research and publications of the organizations related to the subject. The researchers reached several conclusions , the most important of which is to demonstrate the role of effective internal audit in evaluating the internal control system, and to show the evolution of the concept of internal audit in light of corporate governance. The main recommendations are that the role of internal auditing should be developed in a way that shows how it affects the evaluation of internal controls and the need to issue specific standards for corporate governance.

DOI:10.52113/6/2017-7-4/118-128