THE ISSUES OF INTERNAL AUDIT VALUE-CREATING MEASUREMENT IN THE BANKING SYSTEM

Abstract

Abstract: Internal auditors add value by helping commercial banks achieve their tactical and strategic objectives. They provide useful assurance, identify competitive advantages, protect bank assets, act as a third line of defense, and ensure effective banking performance. In this regard, the article proposes approaches to measure the impact of internal audit on banking performance and assess the impact of internal audit on the progress of commercial banks.