Internal Audit Directorate Internal Audit Directorate

Internal Audit Directorate

By Financial administration Proc. No 648/2001 Par. 2/25 " Internal Audit" is an independent and objective assurance and consulting activity designed to add value and improve an organizations operations which helps an organization accomplish its objectives by bringing in a systematic and disciplined approach to evaluate the effectiveness of risk management, control and governance process;

Duties and Responsibilities of the Directorate:-

  • Prepare Audit Plan on risk based assessment;
  • Performing Financial & Property Audit to Verify Collections,  Disbursements proper management of Accounts, & Implimentation of the Government Proclamation, Regulation and Directives;
  • Performing Compliance Audit to assure the implementation of Proclamation, Regulations and Directives related to the sector;
  • Conducting Performance Audit to examine the Performance of the Sector Efficient, economical and effective in achieving its goals;
  • Follow up and report the applicability & timely action taken on the audit findings;
  • Assist the External Auditors
  • Giving Consulting Service primarly to top management and other departments in the minist    Direct, Implement & improve Audting procedures and technique