How to cite this paper
Hussin, H., Ali, M., Mohamed, H., Humeida, A., Elnour, O., Alajab, A & Ali, J. (2025). The effect of strategic audit on improving financial performance and risk management: Field study on Sudanese banks.Decision Science Letters , 14(2), 275-282.
Refrences
Abbas, H. F., & AL-Tamimi, A. H. Y. (2020). The role of strategic auditing in improving the efficiency and effectiveness of government units. International Journal of Research in Social Sciences and Humanities, 10(3), 282–293.
Abdulameer, S., & Obaid, N. K. (2023). The role of strategic auditing in achieving sustainable performance and its impact on improving the competitive advantage of the product (a practical study in some organizations registered in the IRAQ stock exchange). World Bulletin of Management and Law, 22, 75–87.
Abdullatif, M., & Kawuq, S. (2015). The role of internal auditing in risk management: evidence from banks in Jordan. Journal of Economic and Administrative Sciences, 31(1), 30–50.
Abuaddous, M., Hanefah, M. M., & Laili, N. H. (2015). Audit structure, time pressure and judgment accuracy: A comparison between strategic system audit and traditional audit. International Journal of Economics and Finance, 7(8), 53.
Agoraki, M. K., Giaka, M., Konstantios, D., & Patsika, V. (2023). Firms' sustainability, financial performance, and regulatory dynamics: Evidence from European firms. Journal of International Money and Finance, 131, 102785.
Albertini, E. (2013). Does environmental management improve financial performance? A meta-analytical review. Organiza-tion & Environment, 26(4), 431–457.
Alqahtani, H. A., Alqubaysi, R., Musa, A. M. H., & Boreik, D. A. S. (2024). The effect of financial technology on the financial performance of national Saudi banks. International Journal of Data and Network Science, 8(3), 1399–1404. https://doi.org/10.5267/j.ijdns.2024.4.003
Alnadi, L. T. (2019). Strategic Audit Of Human Resource Management And Its Effect On The Efficiency Of Employees In The Jordanian Customs Department. International Journal Of Academic Research In Business And Social Sciences, 9(3).
Bhimani, A., & Langfield-Smith, K. (2007). Structure, formality and the importance of financial and non-financial infor-mation in strategy development and implementation. Management Accounting Research, 18(1), 3–31.
Bollen, K. A. (2011). Evaluating effect, composite, and causal indicators in structural equation models. Mis Quarterly, , 359–372.
Brazel, J. F., Jones, K. L., & Zimbelman, M. F. (2009). Using nonfinancial measures to assess fraud risk. Journal of Account-ing Research, 47(5), 1135–1166.
Bushuyev, S., Kozyr, B., & Zaprivoda, A. (2019). Strategic audit of infrastructure projects and programs. Технологический Аудит И Резервы Производства, 2(2 (46)), 4–11.
Coelho, R., Jayantilal, S., & Ferreira, J. J. (2023). The impact of social responsibility on corporate financial performance: A systematic literature review. Corporate Social Responsibility and Environmental Management, 30(4), 1535–1560. https://doi.org/10.1002/csr.2446
De Zwaan, L., Stewart, J., & Subramaniam, N. (2011). Internal audit involvement in enterprise risk management. Managerial Auditing Journal, 26(7), 586–604.
Fatihudin, D. (2018). How to measure financial performance. International Journal of Civil Engineering and Technology (IJCIET), 9(6), 553–557.
Fonrouge, C., & Bolzani, D. (2019). Motivations and barriers to crowdlending as a tool for diasporic entrepreneurial finance. International Journal of Entrepreneurship and Innovation Management, 23(6), 667–688.
Fuada, N. (2023). The Role of Internal Auditor of Government Companies: Perceptions of the Auditee. Advances in Manage-rial Auditing Research, 1(1), 35–45.
Gilmour, P. (1999). A strategic audit framework to improve supply chain performance. Journal of business & industrial marketing, 14(5/6), 355-366
Goodwin‐Stewart, J., & Kent, P. (2006). The use of internal audit by Australian companies. Managerial Auditing Journal, 21(1), 81–101.
Grant, M. C., Galante, D. J., Hobson, D. B., Lavezza, A., Friedman, M., Wu, C. L., & Wick, E. C. (2017). Optimizing an enhanced recovery pathway program: development of a postimplementation audit strategy. The Joint Commission Journal on Quality and Patient Safety, 43(10), 524-533
Hair Jr, J. F., Howard, M. C., & Nitzl, C. (2020). Assessing measurement model quality in PLS-SEM using confirmatory com-posite analysis. Journal of Business Research, 109, 101–110.
Hair Jr, J. F., Babin, B. J., & Anderson, R. E. (2010). A global perspective. Kennesaw: Kennesaw State University,
Hazaea, S. A., Tabash, M. I., Khatib, S. F., Zhu, J., & Al-Kuhali, A. A. (2020). The impact of internal audit quality on the fi-nancial performance of Yemeni commercial banks: an empirical investigation. The Journal of Asian Finance, Economics and Business, 7(11), 867–875.
IIA, T. (2009). The role of internal auditing in enterprise-wide risk management. IIA Position Paper, Institute of Internal Au-ditors, 1–8.
Jokic, M., Laban, B., Arnautović, I., Popovic, D., & Popović, S. (2020). The importance of preparing an internal audit report in reporting to the top management of a company that makes key management decisions in its work. Annals-Economy Series, Constantin Brancusi University, Faculty of Economics, 2, 37–44.
Karim, A. H. M., AL-Shatnawi, H. M., Jaf, R. A. S., Al-Kake, F., & Hamawandy, N. M. (2020). The role of adopting strategic audit to improve audit quality. Management, 7(11), 2020.
Kochetova-Kozloski, N., & Messier Jr, W. F. (2011). Strategic analysis and auditor risk judgments. Auditing: A Journal of Practice & Theory, 30(4), 149–171.
Levytska, S., Pershko, L., Akimova, L., Akimov, O., Havrilenko, K., & Kucherovskii, O. (2022a). A risk-oriented approach in the system of internal auditing of the subjects of financial monitoring. International Journal of Applied Economics, Fi-nance and Accounting, 14(2), 194–206.
Levytska, S., Pershko, L., Akimova, L., Akimov, O., Havrilenko, K., & Kucherovskii, O. (2022b). A risk-oriented approach in the system of internal auditing of the subjects of financial monitoring. International Journal of Applied Economics, Fi-nance and Accounting, 14(2), 194–206.
Lindow, P. E., & Race, J. D. (2002). Beyond traditional audit techniques. Journal of Accountancy, 194(1), 28.
Ljubisavljevic, S., & Jovanovic, D. (2011). Empirical research on internal audit position of companies in Serbia. Economic Annals, 56(191), 123–142.
Molina‐Azorín, J. F., Claver‐Cortés, E., López‐Gamero, M. D., & Tarí, J. J. (2009). Green management and financial perfor-mance: a literature review. Management Decision, 47(7), 1080–1100.
Musallam, S. R. (2020). Effects of board characteristics, audit committee and risk management on corporate performance: ev-idence from Palestinian listed companies. International Journal of Islamic and Middle Eastern Finance and Management, 13(4), 691–706.
Nguyen, Q. K. (2022). Audit committee structure, institutional quality, and bank stability: Evidence from ASEAN countries. Finance Research Letters, 46, 102369.
Otia, J. E., & Bracci, E. (2022). Digital transformation and the public sector auditing: The SAI's perspective. Financial Ac-countability & Management, 38(2), 252–280.
Prasad, V., Biswas, M., & Vishal, S. (2014). Is 505 (b)(2) filing a safer strategy: avoiding a known risk? International Journal of Intellectual Property Management, 7(1-2), 1–14.
Salehi, M., Arianpoor, A., & Salehi, F. (2013). Investigating the Effect of Internal Audit on the Performance of Private Banks' System. Journal of Accounting, Business & Management, 20(1)
Schultz Jr, J. J., Bierstaker, J. L., & O'Donnell, E. (2010). Integrating business risk into auditor judgment about the risk of ma-terial misstatement: The influence of a strategic-systems-audit approach. Accounting, Organizations and Society, 35(2), 238–251.
Shibli, A. T., Rahma, N. G. A., & Salih, J. I. (2024). The Role of Artificial Intelligence in Improving Sustainable Audit Quali-ty. Paper presented at the International Conference on Explainable Artificial Intelligence in the Digital Sustainability, 352–364.
Shiu, P., & Yeh, M. (2008). Risk-Based Internal Auditing in Taiwanese Banking Industry.
Tofeeq Shible, A., Salih, I., Ghalib, N., & Rahma, A. (2020). The Role of the Strategic Audit in Improving Industrial Companies’ Performance: A Field Study of Companies Operating in Basra Province, Iraq. International Journal of Innovation, Creativity and Change. Www.Ijicc.Net, 13(5), 2020. www.ijicc.net
Wahl, M. F. (2015). Strategic audit and ownership strategy. International Journal of Business and Social Research, 5(9), 93–100.
Weekes‐Marshall, D. (2020). The role of internal audit in the risk management process: A developing economy perspective. Journal of Corporate Accounting & Finance, 31(4), 154–165.
Abdulameer, S., & Obaid, N. K. (2023). The role of strategic auditing in achieving sustainable performance and its impact on improving the competitive advantage of the product (a practical study in some organizations registered in the IRAQ stock exchange). World Bulletin of Management and Law, 22, 75–87.
Abdullatif, M., & Kawuq, S. (2015). The role of internal auditing in risk management: evidence from banks in Jordan. Journal of Economic and Administrative Sciences, 31(1), 30–50.
Abuaddous, M., Hanefah, M. M., & Laili, N. H. (2015). Audit structure, time pressure and judgment accuracy: A comparison between strategic system audit and traditional audit. International Journal of Economics and Finance, 7(8), 53.
Agoraki, M. K., Giaka, M., Konstantios, D., & Patsika, V. (2023). Firms' sustainability, financial performance, and regulatory dynamics: Evidence from European firms. Journal of International Money and Finance, 131, 102785.
Albertini, E. (2013). Does environmental management improve financial performance? A meta-analytical review. Organiza-tion & Environment, 26(4), 431–457.
Alqahtani, H. A., Alqubaysi, R., Musa, A. M. H., & Boreik, D. A. S. (2024). The effect of financial technology on the financial performance of national Saudi banks. International Journal of Data and Network Science, 8(3), 1399–1404. https://doi.org/10.5267/j.ijdns.2024.4.003
Alnadi, L. T. (2019). Strategic Audit Of Human Resource Management And Its Effect On The Efficiency Of Employees In The Jordanian Customs Department. International Journal Of Academic Research In Business And Social Sciences, 9(3).
Bhimani, A., & Langfield-Smith, K. (2007). Structure, formality and the importance of financial and non-financial infor-mation in strategy development and implementation. Management Accounting Research, 18(1), 3–31.
Bollen, K. A. (2011). Evaluating effect, composite, and causal indicators in structural equation models. Mis Quarterly, , 359–372.
Brazel, J. F., Jones, K. L., & Zimbelman, M. F. (2009). Using nonfinancial measures to assess fraud risk. Journal of Account-ing Research, 47(5), 1135–1166.
Bushuyev, S., Kozyr, B., & Zaprivoda, A. (2019). Strategic audit of infrastructure projects and programs. Технологический Аудит И Резервы Производства, 2(2 (46)), 4–11.
Coelho, R., Jayantilal, S., & Ferreira, J. J. (2023). The impact of social responsibility on corporate financial performance: A systematic literature review. Corporate Social Responsibility and Environmental Management, 30(4), 1535–1560. https://doi.org/10.1002/csr.2446
De Zwaan, L., Stewart, J., & Subramaniam, N. (2011). Internal audit involvement in enterprise risk management. Managerial Auditing Journal, 26(7), 586–604.
Fatihudin, D. (2018). How to measure financial performance. International Journal of Civil Engineering and Technology (IJCIET), 9(6), 553–557.
Fonrouge, C., & Bolzani, D. (2019). Motivations and barriers to crowdlending as a tool for diasporic entrepreneurial finance. International Journal of Entrepreneurship and Innovation Management, 23(6), 667–688.
Fuada, N. (2023). The Role of Internal Auditor of Government Companies: Perceptions of the Auditee. Advances in Manage-rial Auditing Research, 1(1), 35–45.
Gilmour, P. (1999). A strategic audit framework to improve supply chain performance. Journal of business & industrial marketing, 14(5/6), 355-366
Goodwin‐Stewart, J., & Kent, P. (2006). The use of internal audit by Australian companies. Managerial Auditing Journal, 21(1), 81–101.
Grant, M. C., Galante, D. J., Hobson, D. B., Lavezza, A., Friedman, M., Wu, C. L., & Wick, E. C. (2017). Optimizing an enhanced recovery pathway program: development of a postimplementation audit strategy. The Joint Commission Journal on Quality and Patient Safety, 43(10), 524-533
Hair Jr, J. F., Howard, M. C., & Nitzl, C. (2020). Assessing measurement model quality in PLS-SEM using confirmatory com-posite analysis. Journal of Business Research, 109, 101–110.
Hair Jr, J. F., Babin, B. J., & Anderson, R. E. (2010). A global perspective. Kennesaw: Kennesaw State University,
Hazaea, S. A., Tabash, M. I., Khatib, S. F., Zhu, J., & Al-Kuhali, A. A. (2020). The impact of internal audit quality on the fi-nancial performance of Yemeni commercial banks: an empirical investigation. The Journal of Asian Finance, Economics and Business, 7(11), 867–875.
IIA, T. (2009). The role of internal auditing in enterprise-wide risk management. IIA Position Paper, Institute of Internal Au-ditors, 1–8.
Jokic, M., Laban, B., Arnautović, I., Popovic, D., & Popović, S. (2020). The importance of preparing an internal audit report in reporting to the top management of a company that makes key management decisions in its work. Annals-Economy Series, Constantin Brancusi University, Faculty of Economics, 2, 37–44.
Karim, A. H. M., AL-Shatnawi, H. M., Jaf, R. A. S., Al-Kake, F., & Hamawandy, N. M. (2020). The role of adopting strategic audit to improve audit quality. Management, 7(11), 2020.
Kochetova-Kozloski, N., & Messier Jr, W. F. (2011). Strategic analysis and auditor risk judgments. Auditing: A Journal of Practice & Theory, 30(4), 149–171.
Levytska, S., Pershko, L., Akimova, L., Akimov, O., Havrilenko, K., & Kucherovskii, O. (2022a). A risk-oriented approach in the system of internal auditing of the subjects of financial monitoring. International Journal of Applied Economics, Fi-nance and Accounting, 14(2), 194–206.
Levytska, S., Pershko, L., Akimova, L., Akimov, O., Havrilenko, K., & Kucherovskii, O. (2022b). A risk-oriented approach in the system of internal auditing of the subjects of financial monitoring. International Journal of Applied Economics, Fi-nance and Accounting, 14(2), 194–206.
Lindow, P. E., & Race, J. D. (2002). Beyond traditional audit techniques. Journal of Accountancy, 194(1), 28.
Ljubisavljevic, S., & Jovanovic, D. (2011). Empirical research on internal audit position of companies in Serbia. Economic Annals, 56(191), 123–142.
Molina‐Azorín, J. F., Claver‐Cortés, E., López‐Gamero, M. D., & Tarí, J. J. (2009). Green management and financial perfor-mance: a literature review. Management Decision, 47(7), 1080–1100.
Musallam, S. R. (2020). Effects of board characteristics, audit committee and risk management on corporate performance: ev-idence from Palestinian listed companies. International Journal of Islamic and Middle Eastern Finance and Management, 13(4), 691–706.
Nguyen, Q. K. (2022). Audit committee structure, institutional quality, and bank stability: Evidence from ASEAN countries. Finance Research Letters, 46, 102369.
Otia, J. E., & Bracci, E. (2022). Digital transformation and the public sector auditing: The SAI's perspective. Financial Ac-countability & Management, 38(2), 252–280.
Prasad, V., Biswas, M., & Vishal, S. (2014). Is 505 (b)(2) filing a safer strategy: avoiding a known risk? International Journal of Intellectual Property Management, 7(1-2), 1–14.
Salehi, M., Arianpoor, A., & Salehi, F. (2013). Investigating the Effect of Internal Audit on the Performance of Private Banks' System. Journal of Accounting, Business & Management, 20(1)
Schultz Jr, J. J., Bierstaker, J. L., & O'Donnell, E. (2010). Integrating business risk into auditor judgment about the risk of ma-terial misstatement: The influence of a strategic-systems-audit approach. Accounting, Organizations and Society, 35(2), 238–251.
Shibli, A. T., Rahma, N. G. A., & Salih, J. I. (2024). The Role of Artificial Intelligence in Improving Sustainable Audit Quali-ty. Paper presented at the International Conference on Explainable Artificial Intelligence in the Digital Sustainability, 352–364.
Shiu, P., & Yeh, M. (2008). Risk-Based Internal Auditing in Taiwanese Banking Industry.
Tofeeq Shible, A., Salih, I., Ghalib, N., & Rahma, A. (2020). The Role of the Strategic Audit in Improving Industrial Companies’ Performance: A Field Study of Companies Operating in Basra Province, Iraq. International Journal of Innovation, Creativity and Change. Www.Ijicc.Net, 13(5), 2020. www.ijicc.net
Wahl, M. F. (2015). Strategic audit and ownership strategy. International Journal of Business and Social Research, 5(9), 93–100.
Weekes‐Marshall, D. (2020). The role of internal audit in the risk management process: A developing economy perspective. Journal of Corporate Accounting & Finance, 31(4), 154–165.