Authors : Razzaq Sadeq Razzaq and Ali Mohammed Thijeel
Abstract: The changes in the internal and external business environment have created risks that may impede the achievement of the strategic objectives of the organizations, thus, it’s threaten their survival and continuity. So, the role of the organization’s control should be activated to limit the effects of these risks. This role has become an internal audit function. While the internal audit departments are deficient in auditing many aspects of the organization’s activities including studying and analyzing the external environment of the organization to determine the strategic situation of the organizations in order to achieve that we must develop the procedures and programs internal audit work and expand the scope of research. The study aimed to demonstrate the impact of the use of strategic audit on increasing the role of internal audit. Also, the study adopted SWOT analysis on the sample of the study which is the company for Rubber Industries and Tires in Iraq. The study concluded that the internal audit plays a major role in the strategic plan auditing of the company when the internal auditors use the steps and procedures of the strategic audit. Besides, they will have the vision and insight in the strategic position and also, the ability to identify the appropriate strategy of the company.
Razzaq Sadeq Razzaq and Ali Mohammed Thijeel, 2019. The Role of Internal Audit in Auditing the Strategic Plan of the Organization using Strategic Audit: An Applied Research in the State Company for Rubber Industries and Tires. Journal of Engineering and Applied Sciences, 14: 4116-4123.