This Deliberating aimed to activate the role of internal control in administering fraud risks in accordance with the international standards of internal auditing issued by the Institute of Internal Auditors (IIA), and the guides issued by the supervisory authorities in Iraq, which regulate the work of internal auditors towards the risks of fraud and corruption, considering that Internal audit is the main and important line of defense to reduce fraud and corruption, and for internal control to be effective, there must be an actual commitment to international auditing standards. Fraud is a scourge of corruption in government and private sector institutions. It is imperative to activate monitoring and evaluation tools for internal control to manage fraud risks to reduce fraud and treat its risks. Given the importance of control and its main role in assessing fraud risks, a mechanism was designed to manage fraud risks in government institutions in Iraq. This mechanism was designed in accordance with international standards for internal auditing, guidelines, and enterprise risk management (ERM). The work of this mechanism focuses on the role of internal auditing as a manager of a work team consisting of six categories of employees (staff to follow up on operational matters, employees to follow up on financial affairs, employees to follow up on the assets of the institution, employees to follow up on the work of stores, staff to follow up matters of fraud awareness, legal officer).