INTERNAL AUDIT, RISK DETECTION TOOL FOR CONTEMPORARY CRISIS

The current economic and financial crisis appeared without the anticipation of audit and control organizations, without objecting its manifestation or denouncing the practices that triggered it, that's why the limits and the potential were highlighted. To maximize the internal audit function, to expand the spectrum of risk management, to protect business and to deliver measurable values at world level, have been made a number of studies that have contributed by solving the fundamental causes of the emergence of the recession. In this sense, our research aims to discover the extent in which the scope of internal audit has expanded and strengthened along the current economic and financial crisis manifested globally and based on the recent large national and international studies regarding the state function of internal audit and its role in detecting risks. At the same time we want to highlight the opportunities for value creation by internal audit as well as opportunities to improve risk management process leading to the implementation of corrective and constructive solutions.