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Background to the Internal Audit Department

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BACKGROUND TO THE INTERNAL AUDIT DEPARTMENT
The British Colonialists first recognized the potential contribution of internal audit in 1950 in requiring, that Internal Auditing be included in the agency’s system of internal controls. It was however discontinued in 1962 because of the Economic Commission Report of the same year.
The System was re-introduced in 1984 when it became apparent that its absence had contributed greatly to laxity in the management of public resources, compliance with the relevant laws, regulations, procedures and lack of effective internal control systems.
In 1995, the Internal Audit Department was re-organised and renamed Audit Inspectorate.  The auditors were detached from the management and clustered in units from where they used to conduct audit inspections.
However, the new approach was found to be expensive and ineffective.  There was need to strengthen financial management to improve the economy, efficiency, effectiveness and accountability in the use of public resources.  Due to this need, in 1997, the Internal Audit Function was restructured and decentralised to become an integral part of management.
Today, the Internal Auditing function is geared towards assessing and advising on risk management, control and governance processes in Ministries, Departments and Districts.  Its objective is to provide quality assurance and consulting services designed to add value to Government operations.

BACKGROUND TO THE INTERNAL AUDIT DEPARTMENT


The British Colonialists first recognized the potential contribution of internal audit in 1950 in requiring, that Internal Auditing be included in the agency’s system of internal controls. It was however discontinued in 1962 because of the Economic Commission Report of the same year.  
The System was re-introduced in 1984 when it became apparent that its absence had contributed greatly to laxity in the management of public resources, compliance with the relevant laws, regulations, procedures and lack of effective internal control systems.


In 1995, the Internal Audit Department was re-organised and renamed Audit Inspectorate.  The auditors were detached from the management and clustered in units from where they used to conduct audit inspections.  


However, the new approach was found to be expensive and ineffective.  There was need to strengthen financial management to improve the economy, efficiency, effectiveness and accountability in the use of public resources.  Due to this need, in 1997, the Internal Audit Function was restructured and decentralised to become an integral part of management.


Today, the Internal Auditing function is geared towards assessing and advising on risk management, control and governance processes in Ministries, Departments and Districts.  Its objective is to provide quality assurance and consulting services designed to add value to Government operations.

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THE DEPARTMENT

The Internal Audit Department is one of the departments within the Treasury. It supports Accounting Officers and AIE Holders in the Ministries, Departments, and Districts in the effective discharge of their responsibilities by measuring, evaluating and reporting on the effectiveness of the internal control systems, implemented by the Accounting Officers and AIE Holders to ensure:

  • The appropriate assessment of risk and adoption of strategies to manage risks to within acceptable levels;
  • Compliance with applicable policies, procedures, laws and regulations;
  • The reliability of internal and external reporting and accountability processes; and,
  • Compliance with the relevant codes of conduct and ethical guidelines.

OUR VISION

To be a recognised leader in the provision of Internal Auditing services in the Public Sector and to other Stakeholders Nationally and Internationally.

OUR MISSION

To add value to Government’s institutional operations through a systematic evaluation of risk management, control and governance processes.

CORE VALUES

Our core values include:

  • Commitment to service excellence;
  • Commitment to objectivity and integrity;
  • Commitment to reliability and confidentiality; and,
  • Commitment to competency and teamwork

DEFINITION OF INTERNAL AUDITING

Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

The Institute of Internal Auditors (IIA – Inc)

 

BACKGROUND TO THE INTERNAL AUDIT DEPARTMENT
The British Colonialists first recognized the potential contribution of internal audit in 1950 in requiring, that Internal Auditing be included in the agency’s system of internal controls. It was however discontinued in 1962 because of the Economic Commission Report of the same year.
The System was re-introduced in 1984 when it became apparent that its absence had contributed greatly to laxity in the management of public resources, compliance with the relevant laws, regulations, procedures and lack of effective internal control systems.
In 1995, the Internal Audit Department was re-organised and renamed Audit Inspectorate.  The auditors were detached from the management and clustered in units from where they used to conduct audit inspections.
However, the new approach was found to be expensive and ineffective.  There was need to strengthen financial management to improve the economy, efficiency, effectiveness and accountability in the use of public resources.  Due to this need, in 1997, the Internal Audit Function was restructured and decentralised to become an integral part of management.
Today, the Internal Auditing function is geared towards assessing and advising on risk management, control and governance processes in Ministries, Departments and Districts.  Its objective is to provide quality assurance and consulting services designed to add value to Gover

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