1.1
Governance
The internal audit must asses and evaluate make appropriate recommendations for improving the
governance process in its accomplishment of the following objectives:
• Promoting appropriate ethics and values within the organisation
• Ensuring effective organisational performance management and accountability
• Communicating risk and control information to appropriate areas of the organisation
• Coordinating activities of and communicating information among the board, external and
internal activities and management
Risk Management Process
Management is responsible for designing, implementing and monitoring the process of risk
management and integrating it into day-to-day activities of the company.
The internal audit activity should therefore assist the board, directors and management through
consultation and facilitation in identifying, evaluating and assessing significant risks and by providing
independent assurance as to the adequate and effectiveness of related internal controls and risk
management process
Control
Is to assist the directors and management in monitoring effective controls by evaluating those
controls to determine their efficiency, effectiveness and developing recommendations for
enhancement or improvements.
The following should be evaluated in terms of internal controls:
• Achievement of the organisation strategic objectives
• Reliability and integrity of financial and operational information
• Effective and efficiency of operation and programs
• Safe guarding asserts
• Compliance with law
1.2
(a) Control environment
(b) Control activity
(c) Risk assessment
(d) Control environment
(e) Information and communication
(f) Control environment
(g) Control environment
(h) Monitoring activities
(i) Information and communication
1.3
Number Control Type of control
a The Human Resource manager inspects that approved leave appreciation are Detective
signed as per human resources Policy and Procedures
Governance
The internal audit must asses and evaluate make appropriate recommendations for improving the
governance process in its accomplishment of the following objectives:
• Promoting appropriate ethics and values within the organisation
• Ensuring effective organisational performance management and accountability
• Communicating risk and control information to appropriate areas of the organisation
• Coordinating activities of and communicating information among the board, external and
internal activities and management
Risk Management Process
Management is responsible for designing, implementing and monitoring the process of risk
management and integrating it into day-to-day activities of the company.
The internal audit activity should therefore assist the board, directors and management through
consultation and facilitation in identifying, evaluating and assessing significant risks and by providing
independent assurance as to the adequate and effectiveness of related internal controls and risk
management process
Control
Is to assist the directors and management in monitoring effective controls by evaluating those
controls to determine their efficiency, effectiveness and developing recommendations for
enhancement or improvements.
The following should be evaluated in terms of internal controls:
• Achievement of the organisation strategic objectives
• Reliability and integrity of financial and operational information
• Effective and efficiency of operation and programs
• Safe guarding asserts
• Compliance with law
1.2
(a) Control environment
(b) Control activity
(c) Risk assessment
(d) Control environment
(e) Information and communication
(f) Control environment
(g) Control environment
(h) Monitoring activities
(i) Information and communication
1.3
Number Control Type of control
a The Human Resource manager inspects that approved leave appreciation are Detective
signed as per human resources Policy and Procedures
