Amani Emad Jawad Al Radhi, Alaa Fareed Abdulahad
The research aims to reduce audit risks and their impact on audit quality. To achieve this, the descriptive analytical approach represented by the General Company for Electric Power Production in the Southern Region (the research sample) was relied upon to distribute a questionnaire to collect data from the sample consisting of the Audit and Internal Control Department and the Quality Management Division. In the (research sample), audit offices and the Bureau of Financial Supervision, with (99) questionnaires, this explains that a change of one unit in the risks of the audit profession significantly affects the audit quality by (0.794). Auditors who work for private audit firms in the field of activity have more opportunities to develop their expertise than those who work for public companies and, therefore, may face less risk than auditors in public companies. It is to involve the employees of the Audit and Internal Control Department in developmental courses to develop their skills and provide them with new experiences to implement the activities of the internal control system simultaneous to the operations of the system, urging auditors in the public and private sectors to increase cooperation between them through the establishment of workshops for academics specialized in the field of accounting and auditing.