The Role of Joint Audit in Reducing Banking Risks: An Applied Study in the National Islamic Bank

Abstract

     The research aims to develop a proposed model to assess the compliance of auditors with the controls of the joint audit work to help reduce bank risks by studying the following problem "The weakness of the audit programs approved by the auditors' offices regarding the audit of the disclosure of the banking risks contained in the financial statements and the annual report of the management, which adversely affected the necessary professional attention and increase the responsibility of the external auditor as a result.

   The research community is the audit offices that conduct joint audits in Iraq, and the auditors who practice the audit of the National Islamic Bank will be taken. The Researcher was noticed that the auditors who supervise the National Islamic Bank did not apply some of the paragraphs of the work controls No. (298) for 2016 and he recommended The auditors of the National Islamic Bank shall implement all the controls of work No. (298) for the year 2016.