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 plex &/ or decentralised
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Definition
“Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve anization's operations. It helps anisation plish 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
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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
Competency