nvestigating The Effect of using Risk-Based Internal Audit on The Effectiveness of The Risk Management Process

Considering that risk management is an essential element of corporate governance and management is responsible for establishing and applying the risk management framework by the board. In this regard, considering the central role of internal audit in relation to risk management in the organization and providing the necessary assurance for the board in relation to the effectiveness of risk management, implementation and application of risk- based internal audit in organizations is necessary. Therefore, the purpose of this study is to investigate the effect of using risk-based internal audit on the effectiveness of organizational risk management. The present research is a descriptive research in terms of applied purpose, descriptive research in terms of nature in terms of data analysis method. Data collection was done through library and field methods. The statistical population of this research includes senior managers, middle managers, members of risk committees and auditing companies whose companies have used internal audit services in the field of risk management. Due to the small size of the data, the statistical sample was assumed to be equal to the statistical population, which after removing the incomplete items was equal to 208 questionnaires. Kolmogorov-Smirnov, KMO, Bartlett, factor analysis and structural equations were used to analyze the data. The appropriateness of fit indices in structural equations shows that the main hypothesis of the research is confirmed, meaning that risk-based internal audit has a significant effect on the effectiveness of the risk management process. Ahso the results of the significant impact of a different effect of risk-based internal audit include: evaluating the design of the risk management process and its internal controls, evaluating the effectiveness of the performance of the risk management process and its internal controls, providing independent and impartial consulting services. Demonstrates the effectiveness of the risk management process