Birehanu, Habtamu (Phd)Kassaw, Aschalew2021-07-192023-11-042021-07-192023-11-042021-04http://etd.aau.edu.et/handle/123456789/27252The overall objective of this study was to examine the role of internal audit in achieving organizational objectives in terms of profitability with focus on Dashen bank Share Company. Therefore, it investigates the relationship between the roles of internal audit and profitability of the organization. The dependent variable was organizational objectives measured in terms of profitability and the independent variables were independency of internal audit activity, competency of internal auditors, internal control system, and management support and risk management practice. This research was conducted on Dashen bank Share Company by collecting primary data. Questionnaires were prepared using Likert scale and distributed to 120 internal auditors of Dashen bank S.C. and interviews for top management. The researcher utilized purposive sampling techniques to select the participants. The descriptive statistics was used to analyze the roles of internal audit of the organization and inferential analysis to determine the cause and effect relationship between dependent variable and independent variables. According to regression output the internal auditor competency, independency of internal audit activity and internal control system affect the organization profitability significantly and positively. And also management support affects the profitability of the organization significantly and negatively. The remaining variable was negatively related with organizational profitability but its contribution was statistically insignificant. Thus, the researcher recommended that the organization top management and board of directors should work together with internal audit department, provide budget and appropriate training to enhance their competency and add value for the organization profitabilityenProfitability of the organizationIndependency, competencyThesis