EVALUATING THE EFFECTIVENESS OF INTERNAL CONTROL SYSTEMS IN IRAQI COMMERCIAL BANKS

Oday Jasim Almaliki; Mustafa Osamah Al-saedi; Maytham Abd AL-Hussien Bandar

EVALUATING THE EFFECTIVENESS OF INTERNAL CONTROL SYSTEMS IN IRAQI COMMERCIAL BANKS

Authors

Oday Jasim Almaliki Department Business of Administration, college of Administration and Economics, University of Misan, Amarah, 62001, Misan, Iraq.
Mustafa Osamah Al-saedi Department Business of Administration, college of Administration and Economics, University of Misan, Amarah, 62001, Misan, Iraq
Maytham Abd AL-Hussien Bandar Department Business of Administration, college of Administration and Economics, University of Misan, Amarah, 62001, Misan, Iraq

Keywords:

commercial banks, internal contro, Iraq, COSO

Abstract

Commercial banks are important players in the country's financial system. Due to the country's rapid development, various problems have been identified in the area of internal control and risk management. This has prompted people to pay more attention to the issue. They are hoping that the banks can improve their internal control systems and prevent potential risks. The goal of this study is to analyze the internal control framework of Iraq's commercial banks. It uses the five elements of the COSO framework to identify the key factors that can affect the bank's operations and risk management. Through a comprehensive analysis of the bank's control environment, we can identify the areas where we can improve the system

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Published

2023-03-26

How to Cite

Oday Jasim Almaliki, Mustafa Osamah Al-saedi, & Maytham Abd AL-Hussien Bandar. (2023). EVALUATING THE EFFECTIVENESS OF INTERNAL CONTROL SYSTEMS IN IRAQI COMMERCIAL BANKS. World Economics and Finance Bulletin, 20, 114-122. Retrieved from https://scholarexpress.net/index.php/wefb/article/view/2373