Common use of Internal Audit Clause in Contracts

Internal Audit. 5.1.1 Mintek recognises the fact that the positive support by all its managers for Internal Audit and its functions, speedy response to, and the addressing of queries raised by Internal Audit is vital to the success of the Plan. Where managers are found to be slow in addressing internal control queries raised by Internal Audit, firm action will be taken. 5.1.2 Mintek will regularly re-emphasise to all managers that consistent compliance by employees with internal control is one of the fundamental controls in place to prevent fraud and corruption. Managers will be encouraged to recognise that internal control shortcomings identified during the course of audits are, in many instances, purely symptoms and that they should strive to identify and address the causes of these internal control weaknesses, in addition to addressing the control weaknesses.

Internal Audit. 5.1.1 6.1.1 Mintek recognises the fact that the positive support by of all its managers for Internal Audit and its functions, speedy response to, and the addressing of queries raised by Internal Audit is are vital to the success of the Planplan. Where managers are found to be slow in addressing internal control queries raised by Internal Audit, firm action will be taken. 5.1.2 Mintek 6.1.2 Xxxxxx will regularly re-emphasise to all managers that consistent compliance by employees with internal control is one of the fundamental controls in place to prevent fraud and corruption. Managers will be encouraged to recognise that internal control shortcomings identified during the course of audits are, in many instances, purely symptoms and that they should strive to identify and address the causes of these internal control weaknesses, in addition to addressing the control weaknesses.

Internal Audit. 5.1.1 Mintek recognises the fact that the positive support by all its managers for Internal Audit and its functions, speedy response to, and the addressing of queries raised by Internal Audit is vital to the success of the Plan. Where managers are found to be slow in addressing internal control queries raised by Internal Audit, firm action will be taken. 5.1.2 Mintek will regularly re-emphasise to all managers that consistent compliance by employees with internal control is one of the fundamental controls in place to prevent fraud and corruption. Managers will be encouraged to recognise that internal control shortcomings identified during the course of audits are, in many instances, purely symptoms and that they should strive to identify and address the causes of these internal control weaknesses, in addition to addressing the control weaknesses. 5.1.3 Awareness strategies will also be developed to enhance managers' understanding of the role of Internal Audit.