201503.19
0

Internal Audit

Internal Audit is an administrative unit of PBSP, established to assist the organization in achieving its objectives. The IA performs an evaluation of the governance, risk management and control process, and provides recommendations for improvement. The scope of work of the Internal Audit encompasses assurance and consulting services aimed to assess and monitor the adequacy and effectiveness of the organization’s governance, risk management, and control processes, as well as the quality of performance in carrying out assigned responsibilities to achieve the organization’s stated goals and objectives. Other opportunities for improving management control, policies and procedures and the organization’s image may be identified during audits. These will be communicated to the appropriate level of management.