INTERNAL AUDIT DIVISION

       

ROLE OF INTERNAL AUDIT 

The Internal Audit Division provides an independent evaluation on the effectiveness of governance, risk management and control processes through assurance and consulting services. Government –wide, the activities of the internal audit Division in Ministry of Foreign Affairs like in all other Ministries, Departments and Agencies are overseen by the Central Internal Audit Unit which is under the Ministry of Finance and Economic Planning.

 

PURPOSE, AUTHORITY AND RESPONSIBILITY OF THE INTERNAL AUDIT FUNCTION

The Internal Audit charter, which was approved by the Minister of Finance in 2011 provides the purpose, authority and responsibility of the Internal Audit Sections in Government in providing independent assurance and consulting services on governance, risk management and control processes to support the achievement of Government’s goals. The Internal Audit Division in Ministry of Foreign Affairs has authority to have unrestricted access to all functions, records, property and personnel, have full and free access to the audit committee and allocate resources, select subjects, determine scopes of work, and apply the techniques required to accomplish audit objectives. The Internal Audit Division is responsible for Implementing the annual audit plan, as approved, including any special tasks or projects requested by management and the Audit Committee and is also responsible for Developing a flexible annual audit plan using an appropriate risk-based methodology, including any risks or control concerns identified by management, and submit that plan to the Audit Committee for review and approval as well as periodic updates.