The Contribution of internal audit in banking risk management under International Standards of

Abstract

In this study, we aim to identify the different concepts of internal auditing, risk management and the relationship between them and examining the extent to which Algerian banks apply internal audit in risk management, under the international standards of internal audit and Code of professional conduct. Through a field study covering all the general directorates of banks approved in Algeria which estimate 20 banks located in Algiers. The main results of this study are the absence of risk committee at public banks compared to private banks, in addition the public banks are less independent than the private banks due to the nature of their organizational structures which will affect the task of internal auditors and the results of their reports, we also found that the public banks do not keep up the updates of Basel committee compared the private banks.