| 1) |
Identify, document and
structure Audit
Charters. |
2)
|
Implement
and reinforce the Internal
Audit function. |
| 3)
|
Conduct Assurance reviews
for the organisation’s
Internal Audit Department
for evaluation, proficiencies
scope, Performance and Management
Reviews to assess if;
(a) meets the Standards
of the Professional Practice
of Internal Audit
(b) Operates efficiently
and effectively.
(c) Meets the goals of senior
management, Board of Directors
and Audit Committees. |
| 4) |
Creating an accountability
environment which identify
administrator functions. |
| 5) |
Hiring and/ or Training
Audit Team members –
decide on Co-sourcing
opportunities. |
| 6) |
Conduct Internal Control
Frameworks –
Coso/Coco
on best practises |
| 7) |
Prepare Internal Audit
Manuals –
structure the Audit process,
priority subjects and issues.
|
| 8) |
Assist and identify appropriate
Audit Tools
to facilitate the smooth
flow of the Internal Audit
Function. |
| 9) |
Ensure the periodic Quality
Assurance Review
reports to the Audit Committee. |
