The Role of Risk Management’s Internal Audit Procedures on the Financial Reporting Reliability (Field Study in Private Banks)

This resaerch aims at studying the relationship between internal audit procedures related to risk management and financial reporting reliability in private banking sector which is considered as the most important one affected directly by the economical development; and which its results are reflected on the whole financial society. That occurs by clarifying the procedures contribution in examining and evaluating risk management effectiveness, besides their roles in enhancing and developing it to increase financial reporting reliability. The study concluded that: Examining and evaluating risk management by internal audit enhances financial reporting reliability according to internal and external auditors. Also There is no significant differences in opinins between internal and exernal auditors about the effet of risk management’s internal audit procedures on the financial reporting reliability.