. Demonstrating the role that internal auditing function can have in supporting of corporate governance implementation.
3. Trying to protect the assets of the company from inappropriate and criminal use and from illegal actions.
4. Evaluating the effectiveness of internal observation system.
1.5. Study Presumptions
In this study, we will find out the points of view of the participants about the role that internal auditing can have in Libyan industrial companies which contribute in activating corporate governance where the study is based on the following main presumption:
The function of internal auditing in Libyan industrial companies can contribute in activating corporate governance. This main presumption can be tested through the following sub presumptions:
The first sub presumption:
The function of the internal auditing in Libyan industrial companies can do the activities related to assessment of internal observation system.
The second sub presumption:
The function of the internal auditing in Libyan industrial companies can perform activates that contribute in evaluating the management operating risks.
The third sub presumption:
The function of the internal auditing in Libyan industrial companies can do the activities that lead to forming good relations with the rest of governing parties.
1.6. The Study Approach
We will use both extrapolating and devising methods through the style of theoretical and practical study as follows:
1.6.1. The theoretical study (the theoretical aspect):
In this aspect, the aspects of the study problems shall be examined by relying on some previous studies made in this field. By perusing the references, articles, periodicals and published researches which treated the evolution of the function of internal audit for the purpose of building a theoretical framework for the modern role of internal audit in backing the implementation of governance. We present in the theoretical study, the study of some Libyan industrial companies and through this study, several important points shall be examined in the governance of companies, including: