Mandate
The Unit is responsible for providing reasonable assurance to the Permanent Secretary and Senior Management, and to ensure that internal controls are in place and are adhered to as outlined in the law and regulations. The function and mandate of the Internal Audit Unit is derived from section 17 (1) of the Public Finance Management Act No.01 of 2018 which provides for the maintenance of a system of Internal Audit.
Functions
- Conduct audit assignments in order to provide assurance on internal controls and governance systems;
- Review risk management processes in the Ministry in order to ascertain their effectiveness;
- Provide Secretariat services to the Audit Committee in order to facilitate their operations;
- Monitor the implementation of internal and external audit recommendations in order to inform decision making;
- Maintain an internal audit database for easy retrieval of information;
- Verify domestic arrears in the Ministry in order to provide assurance on the accuracy of information;
- Prepare and consolidate monthly, quarterly and annual reports for decision making;
- Provision of advisory services to management and other stakeholders for informed decision making;
- Verification of stock and assets in order to provide checks and balances in the management of public stores;
- Conduct information systems audits in order to identify risks in the adoption and use of existing and emerging technologies; and
- Conduct compliance audits in order to foster adherence legislation policies, guidelines and regulations