Effect of Risk-Based Auditing on Internal Control (Case Study on Ethio Telecom)
No Thumbnail Available
Date
2025-06-17
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
A.A.U
Abstract
Scholars are noted that effective internal-auditing Control serving as guaranty and consulting activity to supports organizational goals by improving governance, oversight and risk mitigation. This study was conducted to achieve objective stated as investigate the impact of Risk-Focused Auditing of Internal Controls effectiveness in the case of Ethio Telecom. The research used qualitative and explanatory research methods and collected data through primary and secondary source by using survey method to collect data from 70 internal audit and management staff in the head office of Ethio telecom. The Study employed methods for census sampling. Multiple regression analysis uses descriptive statistics to identify the causal relationship between Risk based Auditing and internal audit activity. The finding indicates that internal audit department gap Lack of BOD support, resource, training and certify auditor, The scope of risk management and control systems implemented by internal auditors interferes with daily operations, No Audit committee establish, Limitation Publishing audit reports and recommendation. According to the regression output all independent variable effect the company performance and making of the contribution for company performance. The Board of Directors (BOD) of the organization is committed to enhancing development capacity through the provision of training and certification via short-term programs. This initiative aims to ensure there is an adequate number of officers while effectively mitigating resource constraints. The internal audit division of the firm plays a crucial role in the effective identification and analysis of risks, offering suitable risk recommendations, and implementing robust governance and internal control measures.