Evaluation of the internal control system of audited person

Abstract

At present, when fierce competition is taking place in almost all industrial markets, it is crucial for many organizations to address the challenge of finding the best direction for development that will achieve the maximum The economic impact of their work. This requires the strengthening and development of a management system, of which internal auditing is an effective tool, because it is the one that ensures that financial losses are minimized from various fraudulent acts, as well as Increase the efficiency of the Organization by optimizing the processes that occur within it.