INTERNAL AUDIT FUNCTIONS

Objective

To provide advisory services to the Accounting Officer on the proper management of Resources.

This Unit will perform the following activities:

(i)Review and report on proper control over the receipt, custody and utilisation of all financial resources of the Ministry;

(ii)Review and report on conformity with financial and operational procedures laid down in any legislation or any regulations or instructions for control over the expenditure of the Ministry;

(iii)Review and report on the correct classification and allocation of revenue and expenditure accounts;

(iv)Develop audit procedures to facilitate compliance with international standards;

(v)Review and report on the reliability and integrity of financial and operation data and prepare financial statements and other reports;

(vi)Review and report on the systems in place used to safeguard assets, and verify existence of such assets;

(vii)Review and report on operations or programs to ascertain whether results are consistent with established objectives and goals;

(viii)Review and report on the reactions by the management to internal audit reports, and assist management in the implementation of recommendations made by reports and follow-up on the implementation of recommendations made by the Controller and Auditor General;

(ix)Review and report on the adequacy of controls built into computerised systems in place in the Ministry;

(x)Prepare and implement Strategic Audit Plans; and

(xi)Conduct performance audits on appraisal of development projects.

This Unit will be led by a Chief Internal Auditor.