Risk has become one of the most important concepts with the effect of some factors like increasing competition,globalization and developments in information technologies. While the awareness about the effects and the importance of risk in an economic world are increasing, it is observed that the risks are changing with each passingday and their varities are increasing. In this context, it has become an important requirement to raise awarenessand develop an effective, flexible and different understanding of risk. In this study, changing perception relatedwith risk is discussed with an internal audit perspective.