Effect of Internal Audit on Organizational Performance: the Case Study of Nib International Bank
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Date
2025-06-04
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A.A.U
Abstract
This research paper the effect of internal audit on organizational performance at Nib
International Bank with a specific focus on examining how internal auditor independence, audit
quality, management support, and auditor risk evaluation practices influence the bank's
performance. The research methodology employed a quantitative research approach, data were
collected from 71 respondents across the internal audit, finance, and risk departments using
structured questionnaires. Descriptive and inferential statistical tools, including correlation and
regression analyses, were used to analyze the data. the findings reveal that internal auditing
plays a significant role in enhancing organizational performance by strengthening risk
management, improving internal controls, and increasing operational efficiency. The study also
highlights that auditor independence and management support are critical factors in ensuring
audit effectiveness. In addition, the correlation study demonstrates a strong and positive
relationship between the organization's audit performance and the elements influencing
auditing. Based on the findings, this paper proposes recommendations to strengthen internal
audit practices for improved performance. This research contributes to the understanding of
internal auditing's role in the organization.