内部审计的地位和作用.ppt

Internal Audit April 2012 Introduction Recent events including global financial crises have emphasised need for internal auditing within corporate governance structures Internal audit function is now mandatory by most stock exchanges Donors increasingly demand improved accountability financial transparency in development projects IFAD procedures do not specifically require internal audit, however, IFAD Operational Procedures for Project Audits (for use by IFAD CIs) require that “as part of the assessment of the borrower’s capacity to implement and manage the project effectively, the appraisal mission will evaluate any internal audit (IA) mechanism for the project/ PMU” Furthermore, internal audit is considered good practice advisable as part of underlying control framework financial management capacity of a project, particularly if complex / or decentralised * Definition “Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organizations operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.?” The Institute of Internal Auditors * IA – Code of Ethics Principles Internal auditors are expected to apply uphold the following principles: Integrity The integrity of internal auditors establishes trust so provides the basis for reliance on their judgment Objectivity Internal auditors exhibit the highest professional objectivity in gathering, evaluating communicating information. Internal auditors make a balanced assessment of all relevant circumstances are not unduly influenced by their own interests or others in forming judgments Confidentiality Internal auditors respect the value and ownership of information they receive do not disclose information without appropriate authority unless there is a legal or professional obligation to do so Competen