Internal Audit Department

  • Review compliance with existing financial regulations instructions and procedure
  • Evaluate effectiveness of internal controls
  • Appraise the effectiveness with which resources are used
  • Review reliability and integrity of record keeping and reporting
  • Pre-audit commitment, payments and contract agreements
  • Verify and certify periodic returns of bills, expenses, revenues goods etc
  • Review and pre-audit accounts statements
  • Investigate irregularities
  • Ensure revenue is collected, deposited and accounted for
  • Perform spot checks all points of the expenditure process
  • Review budgetary controls at random points
  • Ensure physical assets inventory is complete and the goods are safe
  • Review budgetary allocation to ensure legislative compliance and adequate cash