Independence and objectivity in Internal Audit
2.
Slide #1
The complex and dynamic environment in auditing can be challenging and requires highest level of professional proficiency.
Therefore internal audit staff must have professional abilities to carry out the audit functions.
Our internal audit department is committed to assist each staff members to meet that responsibilities.
Slide #2
Speaker’s notes
Independence is the foundation of internal audit, the internal audit activity must be free from interference in determining the scope of internal auditing , performing work and communicating results. Independence can be achieved with frequent communication and unrestricted access to Chief Executive and Senior Management..
With greater independence internal auditors could coordinate audit coverage more effectively and leverage available time and talent.
Objectivity is the mental attitude where the internal auditor perform audit work without compromising for any reason. unbiased Menta Any threat to independence and objectivity will be managed at individual, operational and functional level.
Slide #3
Speaker’s notes
Members of our Internal audit team are from different desciplines. Our team consist of six professional accountant, engineer and a stastician who can demonstrate proficiency in terms of key knowledge, skill and abilities to carry out internal audit assurance engagement
Communication skills, problem identification and solution skills and keeping up to date with industry and regulatory changes and professional standards
It is crucial to identify, prioritize and devlop competencies – defining them is most important because they are the skill sets internal auditors need to make sure assurance engagements are the best they can be.
Slide #4
Speaker’s notes
According to IIA standard 1210 Internal audit activity collectively must possess or obtain the knowledge , skill and competencies. The members of our Internal audit teams have professional
Slide #1
The complex and dynamic environment in auditing can be challenging and requires highest level of professional proficiency.
Therefore internal audit staff must have professional abilities to carry out the audit functions.
Our internal audit department is committed to assist each staff members to meet that responsibilities.
Slide #2
Speaker’s notes
Independence is the foundation of internal audit, the internal audit activity must be free from interference in determining the scope of internal auditing , performing work and communicating results. Independence can be achieved with frequent communication and unrestricted access to Chief Executive and Senior Management..
With greater independence internal auditors could coordinate audit coverage more effectively and leverage available time and talent.
Objectivity is the mental attitude where the internal auditor perform audit work without compromising for any reason. unbiased Menta Any threat to independence and objectivity will be managed at individual, operational and functional level.
Slide #3
Speaker’s notes
Members of our Internal audit team are from different desciplines. Our team consist of six professional accountant, engineer and a stastician who can demonstrate proficiency in terms of key knowledge, skill and abilities to carry out internal audit assurance engagement
Communication skills, problem identification and solution skills and keeping up to date with industry and regulatory changes and professional standards
It is crucial to identify, prioritize and devlop competencies – defining them is most important because they are the skill sets internal auditors need to make sure assurance engagements are the best they can be.
Slide #4
Speaker’s notes
According to IIA standard 1210 Internal audit activity collectively must possess or obtain the knowledge , skill and competencies. The members of our Internal audit teams have professional