The Role of Applying International Internal Audit Standards in Reducing Fraud in the Economic Unit

This study examines the role of international internal auditing standards in reducing fraud in the economic unit. In view of the global trend towards international internal audit standards in order to enhance transparency and for internal audit to play its full role in reducing fraud and adding strength and reliability to the work performed by it. This research seeks to understand the role of these standards in reducing fraud in the economic unit within a unit characterized by its economic and organizational challenges. A questionnaire was distributed to 100 Iraqi academics and professionals specializing in economics, accounting and finance to collect their opinions on the impact of adopting international standards for internal auditing. Through careful statistical analysis, the study concluded that there is a significant role and impact of applying and adopting international standards for internal auditing in reducing fraud in the economic unit. These results contribute to the ongoing debate on the effectiveness of the application and role of the International Standards on Internal Auditing in audit work and provide valuable insights for policy makers, regulators and practitioners who aim to improve the quality of audit work. The study emphasizes the importance of considering local economic conditions and the level of support for applying international standards for internal auditing when evaluating the role of applying standards in reducing fraud in economic units. This research gives prospects for further investigation and investigation into the factors that mediate the relationship between adopting the application of international internal audit standards to organize audit work and the role and contribution to reducing fraud in economic units, with the aim of enriching information about the role of international internal audit standards in achieving quality audit work and reducing Fraud cases.