The Internal Auditor Role in Risk Assessment Process in Jordanian Industrial Listed Companies (An Internal Auditor - Oriented Study)

Abstract

This study is aimed to find out the role of internal auditor of enhancing the risk assessment process. For this study purposes a questionnaire was designed as an instrument to collect data. The sample of study included 50 internal auditors of industrial companies listed in ASE. The findings of this study showed that there is a statistically significant at 5% in terms of the effectiveness of audit process on the one hand and the role of internal audit of risk assessment on the other hand. As well as the importance of education level and experience to increases the effectiveness of risk assessment process. Further the role of other parties such as managers and external auditor to promote the audit process and then risk assessment process. Based on the above findings, the recommendations of this study are; companies should increase the skills of internal auditors, promote the collaborative work environment and review the way that company pursues to appoint external auditors.