The contribution of the internal auditing in the banking system to support and success the Risk Management

Abstract

The change of the structure and environment of the system of Iraqibank and great new management to conform and to convenient with thoseinternational bank requirements, therefore and that management helpingthe bank to achieve its objective and growth. The research focuses on thestudy of structure of the bank system according to internationalrequirement formed by to development Risk Management, what its typesand concept and the relation between the risk management and internalaudit. The practical part has used questionnaire, which distributed on thetwo bank, first one belong the public sector AL-Rasheed Bank –mainbranch and the second belong the private sector United bank forInvestment –main branch. The questionnaire consist of two part, first partregards with the procedures which followed by the internal audit in auditingand evaluating risk management and the second part specific with the roleof the internal auditor to success the risk management. The comparativestudy has hold between the two banks, the result of the comparative studyfound there was no significant difference with part one, but there hassignificant with second part .United bank for Investment shall provide asufficient number of auditors and employee with experiences inaccounting, management and financial banking field ,the central bank asan observing side shall ensure that the bank committed to provide andimplementation the basic requirement for management risks.