Bank Auditing in Accordance with International Standards on Auditing -Analytical Study of the Reality of the Environment of Algeria-

Houari Mansouri, Fahed Al Duwailah

Abstract

This study attempts to analyze the practices of banking auditing in Algerian financial institutions according to an analytical study according to the  requirements of the international auditing standards based on what was  issued by the Basel Committee on Banking Supervision, which through its reports seeks to standardize the systems of banking auditing and auditing and this by identifying how to audit the practices of financial institutions and identify Based on the reforms of the Basel Conventions, the study found that the Algerian financial institutions adhered to the minimum capital adequacy ratio and the formal capital structure according to the Basel Committee, Although financial institutions lack regulations to measure and manage capital risk, Despite the delay in its implementation and the lack of financial institutions to allow systems to measure and manage capital risk, the study recommended the need to intensify the efforts that the monetary authorities change to cope with the progress achieved through the issuance of legislation in this framework to protect banking assets and the need to adhere to the risk weights specified in the Third Basel convention.