According to the IIA (2009) definition, internal auditing can well be classified into three diverse areas;risk management, corporate governance and internal control. Internal auditors play a basic role not only in risk management but also providing consultants and assurance services to the executives. Previously, the IIA issued “The Role of Internal Auditing in Enterprise Wide Risk Management (ERM)” as a track to the internal auditors that they supposed to play their role in the enterprise risk management procedure. Lately, related to consulting services the IIA report portrays four essential activities for internal auditor to be accountable, which are; coordinating Enterprise-Wide Risk Management activities, facilitating the identification and evaluation of risks, maintaining and developing the Enterprise-Wide Risk Management framework, and for the management support developing of risk management strategy.