The Role of Internal Audit in Strengthening Corporate Governance

Abstract

The study dealt with the role of internal audit in strengthening corporate governance in
Giad Industrial Group working in Sudan, by identifying the impact of the efficiency of internal audit
in activating the role of corporate governance, and identifying the impact of the independence of the
internal auditor in terms of appointment and non-participation company upon his oversight role,
which supports the corporate governance system. In order to achieve the aims of the study, three
hypotheses were tested: there the impact of efficiency’s internal auditor in verbalizing of the
corporate governance system, there the impact of independence’s internal auditor in verbalizing of
the corporate governance system, and there the impact quality’s internal auditor in verbalizing of the
corporate governance system. The study followed the descriptive analytical method. The study
population was represented by auditors and administrators working in the Giad Industrial Group, and
the study sample was randomly selected from the population, their (60) questionnaires were
distributed and (48) questionnaires were valid for analysis, as 80%, by using Statistical Package for
Social Sciences. The study concluded to a number of findings confirm reliability of the hypotheses
as follows: Corporate governance ensures accurate and full disclosure, by providing information on
the company's financial and operations results. The role of internal audit in activating corporate
governance depends on the necessity of having a common understanding of the internal auditors and
the parties benefiting from the corporate governance of how to make the internal audit an activity
that add-value to the company and protects their rights The study reached the following
recommendation: that the necessity of working on publishing the culture of corporate governance
among of all parties related to the company by issuing paper and electronic pamphlets and brochures
that contain the rules and foundations necessary to improve performance.