The Assesment of Internal Audit Practices in Dashen Bank
| dc.contributor.advisor | Abebe Y. | |
| dc.contributor.author | Kirubel Woldegebreal | |
| dc.date.accessioned | 2026-11-14T10:18:20Z | |
| dc.date.available | 2026-11-14T10:18:20Z | |
| dc.date.issued | 2026-02-02 | |
| dc.description.abstract | The Ethiopian banking sector is undergoing rapid transformation driven by technological advancement, regulatory reform, intensifying competition, and the expansion of digital financial services — developments that demand internal audit functions move beyond traditional compliance-focused approaches toward more strategic and risk-oriented practices. This study assesses the internal audit practices of Dashen Bank S.C., examining the extent to which its audit function has adapted to this evolving environment. A descriptive research design supported by a mixed-methods approach was employed; quantitative data were gathered through structured questionnaires distributed to 94 internal auditors, yielding 86 valid responses (91.49% response rate), while qualitative data were obtained via semi-structured interviews with four senior audit executives, supplemented by document reviews of audit manuals, policy documents, and compliance reports. The findings reveal that internal audit effectiveness is constrained by limited management support, inadequate budget allocation, insufficient resources, and delayed implementation of audit recommendations. Auditor independence was found to be weak, with inadequate organizational separation between audit and operational functions, while professional competency gaps persist due to low certification rates and limited professional development support. Existing audit manuals were found insufficiently updated to address risks arising from digital banking operations, and the majority of respondents identified skill gaps in modern banking technologies as the most critical future challenge. The study concludes that a considerable gap exists between the rapidly evolving external banking environment and the relatively static internal audit framework at Dashen Bank, undermining effective risk management, governance, and assurance. Strengthening professional development, investing in audit technologies, enhancing auditor independence, and adopting risk-based auditing approaches are recommended as priority measures. | |
| dc.identifier.uri | https://etd.aau.edu.et/handle/123456789/9648 | |
| dc.language.iso | en | |
| dc.publisher | Addis Ababa University | |
| dc.subject | Internal audit | |
| dc.subject | audit effectiveness | |
| dc.subject | auditor independence | |
| dc.subject | professional competency | |
| dc.subject | risk-based auditing | |
| dc.subject | Dashen Bank | |
| dc.subject | Ethiopia | |
| dc.title | The Assesment of Internal Audit Practices in Dashen Bank | |
| dc.type | Thesis |