The DOF's IAS Charter provides that the department's Internal Audit
Service 'shall remain free from all conditions that threaten the ability of the internal auditors to carry out its responsibilities in unbiased manner,' Notario said.
The internal audit
function is being developed for the first time in KPs' history.
Shri Suresh Prabhu stressed on the need to put in place effective internal control systems and internal audit
which should be capable of detecting non-compliance of laid down procedures, system failures, etc.
HH Sheikh Mohammed Bin Rashid Al Maktoum, UAE's Vice-President and Prime Minister and Ruler of Dubai, issued a law on Dubai Government Financial Regulation last year, which requires all government entities to set up an internal audit
unit as a part of efforts toward promoting greater fiscal transparency.
As vice president Internal Audit
, Stachowiak will assume responsibility for leading the design and implementation of the worldwide internal audit
program for Glatfelter.
When management and boards of directors come to fully appreciate the value of internal auditing, they ensure the internal audit
activity is adequately sourced and effectively utilised.
He was of the view that internal audit
had achieved a significant role after the global financial crisis.
This he said while addressing the inaugural session of a three-day SAARCFINANCE Seminar on Internal Audit
in Central Banks-Methodologies and Practices held at National Institute of Banking and Finance (NIBAF), Islamabad.
The pronouncement supersedes SAS 65, "The Auditors' Consideration of the Internal Audit
Function in an Audit of Financial Statements.
DeBay joined Alaska Airlines in 2007 in the Internal Audit
Department and served as internal auditor, lead internal auditor, internal audit manager and, since 2010, as director of internal audit
His Job: As internal audit
director for the University of Arkansas System, Flournoy monitors and analyzes the UA's internal control structure and directs internal audits
and coordinates external audit contracts over the UA System's $3.
You can't walk away from your responsibility to address the compliance requirements," said Bailey Jordan, CPA, an internal audit
practice leader at Grant Thornton.