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
