The importance of internal auditing in the decision-making process (an exploratory study of the opinions of a sample from the technical colleges complex at Sulaimani Polytechnic University)

Volume 20 , Issue 3 , December 2019 , Pages 325-356

Authors

پەیمان ڕفیق محمد 1 ; ناجی افراسیاو فتاح 2

1 قسم تكنولوجيا المالية والمحاسبة، كلية تكنولوجيا الإدارة، جامعة السليمانية التقنية

2 وحدة الشؤون العلمية والتعليم العالي، كلية إدارة التكنولوجيا، جامعة السليمانية التقنية

DOI logo 10.17656/jzsb.10919

Keywords

Abstract

Internal audit plays an important role as one of the main pillars that seek to provide reliable and
correct information to managers at all administrative levels in order to arrive at the appropriate and
timely decision. Therefore, this process is considered one of the most difficult responsibilities in the
institutions in light of the economic conditions that are dynamic and in crisis and financial scandals.
Therefore, financial decision makers should rely on internal audit reports. This study aimed at
identifying the role and importance of internal auditing in decision making in the institutions under
study, on this basis, the Technical College Campus of Sulaymaniyah Technical University was chosen
to prove its validity.
The study has reached to a number of results, the most important of which are: The most personal
factors influencing the role of the internal auditors are their continuous qualifications. There is
weakness in the auditors' understanding of their role in the institution and their ability to accomplish
the tasks assigned to them. Which prevent their effective participation in the decision-making
process .
Based on the results obtained, a number of recommendations were proposed. The most important
of these recommendations are: Institutions should make the internal auditors sense the effective role
that the auditing profession can play in minimizing negative practices and fraud which positively
affects the decision making process, considering internal auditing to be a mean which it is aim is to
watch employee’s behavior within institution, practitioners must put the public interest above all
considerations away from dependence on management.

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  • Published at26 December 2019

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