AUDIT

INTERNAL AUDIT UNIT

The Internal Audit is a managerial control which functions by measuring and evaluating the effectiveness of Internal Control System in the Ministry and Its establishment is being supported by the provisions of Financial Regulations and other regulatory instrument.

Mandate

The key Mandate of the Unit are as follows:
1. Compliance: The Internal Audit unit is to ensure compliance with the approved operational standards and the provision of law, the audit will ascertain the Ministry system of recording and processing transactions and shall access its adequacy as the basis for preparation of final accounts. Ministry compliance with the provisions of the Act that established it and other extant rules and laws e.g. Financial Regulations, Fiscal Responsibility Act, public Procurement Act etc.

2. Internal Control System: These are the whole system of controls financial and non-financial established by the management in order to carry out the activities of the Ministry in an orderly manner, safeguard its assets and secured as far as possible and to ensure the accuracy and reliability of records. These controls include:
i. Organisational Control
ii. Segregation of duties
iii. Physical Control
iv. Authorization and approval
v. Arithmetical and accounting control
vi. Personnel Control
vii. Supervision and Management.

Functions of the Unit

1. To provide a complete and continuous audit of the accounts and records of revenue and expenditure, assets, allocated and unallocated stores.
2. To examine the systems and procedures in force.
3. To prepare and submit a detailed programme of audit to the Accounting Officer.
4. To prepare and submit monthly reports to the Accounting Officer on the progress of the Audit.
5. To issue special reports when in opinion, the attention of the Accounting Officer and of the Accountant in-charge must be called to an irregularity in the accounting records or to an apparent weakness in the accounting procedure.