Internal audit charter definition

Internal audit charter means an internal act signed by the internal audit unit head and the head of the entity, setting out the purpose, authorities and responsibilities of internal audit and the head of the entity in relation to internal audit.
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Internal audit charter means the charter which provides for the internal audit department centralized at the FGS Ministry of finance, with a mandate that allows it to undertake internal audit activities across all ministries, departments, and agencies.
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Internal audit charter means a written and signed agreement between the Senior Management of Public Sector Subject and the person responsible for internal audit in that Public Sector Subject laying out the rights and responsibilities of both parties with respect to implementing functionally independent internal audit.
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Examples of Internal audit charter in a sentence

  • In latest, management thinkers started emphasizing on the relevance of work environment in practicing management.

  • It has developed the Internal audit charter and plans to identify future areas of internal audit focus.The Victorian Environmental Watering Program Risk Management continues to focus on shared risks – those risks that are at the interface between the different partners.

  • Internal audit charter is defined by the IIA as “a formal written document that defines the activity’s purpose, authority and responsibility.

  • All the questions under this category have got mean scores of each 3.11,3.69,3.20; Internal audit charter is maintained (available) in my office /sector, The purpose and authority of internal audit is clearly defined in charter, The purpose and authority of internal audit charter is in line with “Standards for the Professional effectiveness” formulated by the Institute of Internal Auditors respectively.

  • Internal audit charter is defined by the IIA as “a formal written document that defines the activity‟s purpose, authority and responsibility.

  • Internal audit charter and rules prepared by the Ministry of Finance and EconomicPlanning for IADsCollect data relevant to authority and responsibility of IA activityExamine whether the function guides the responsibilities of the area in the provision of independent internal auditservicesThese documents were collected during interview sessions as evidence of some of the research participants’ responses.

  • To obtain reasonable assurance with respect to work of the internal audit activity, the audit com- mittee will provide oversight related to:4.1.1 Internal audit charter and resources • Review and approve the internal audit charter at least annually.

  • Internal audit charter Jacqui Gooding presented the internal audit charter.

  • Internal auditors communicate the engagement results asstipulated by the Internal audit charter 2.

  • In accordance with the Group Internal audit charter (edition 8, February 2016) as approved by the BOD, the Internal Audit Unit is independent from business and operational units.


More Definitions of Internal audit charter

Internal audit charter means an internal act signed by the Head of the Internal Audit Unit and the Head of the Entity, determining the objectives, the authorizations and the responsibilities of the internal audit.
Sample 1
Internal audit charter means the charter which provides for the internal audit department centralized at the FGS Ministry of Finance, with a mandate that allows it to undertake internal audit activities across all ministries, departments and agencies.
Sample 1

Related to Internal audit charter

  • Internal audit means an independent appraisal activity established within a state agency as a control system to examine and evaluate the adequacy and effectiveness of other internal control systems within the agency.

  • External Auditor as used here shall mean any registered public accounting firm engaged for the purpose of preparing or issuing an audit report or performing other audit, review or attest services for the Company. Each such external auditor shall report directly to the Committee. With respect to the external auditor, the Committee shall:

  • Internal appeal means an internal appeal to the relevant authority in terms of section 74;

  • Internal dose means that portion of the dose equivalent received from radioactive material taken into the body.

  • internal waters means any navigable river or waterway within the State of California.

  • Internal Controls has the meaning set forth in Section 4.07(d).

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;

  • External Account is your account at another financial institution (i) to which you are transferring funds from your Eligible Transaction Account; or (ii) from which you are transferring funds to your Eligible Transaction Account.

  • Interim controls means a set of measures designed to temporarily reduce human exposure or likely exposure to lead-based paint hazards, including specialized cleaning, repairs, maintenance, painting, temporary containment, ongoing monitoring of lead-based paint hazards or potential hazards, and the establishment and operation of management and resident education programs.

  • External dose means that portion of the dose equivalent received from any source of radiation outside the body.

  • Engineering controls means constructed containment barriers or systems that control one or more of the following: downward migration, infiltration, or seepage of surface runoff or rain; or natural leaching migration of contaminants through the subsurface over time. Examples include caps, engineered bottom barriers, immobilization processes, and vertical barriers.

  • Internal test assessment means, but is not limited to, conducting those tests of quality assurance necessary to ensure the integrity of the test.

  • Energy audit means a systematic procedure with the purpose of obtaining adequate knowledge of the existing energy consumption profile of a building or group of buildings, an industrial or commercial operation or installation or a private or public service, identifying and quantifying cost-effective energy savings opportunities, and reporting the findings;

  • Internal Procedures means in respect of the making of any one or more entries to, changes in or deletions of any one or more entries in the register at any time (including without limitation, original issuance or registration of transfer of ownership) the minimum number of the Warrant Agent’s internal procedures customary at such time for the entry, change or deletion made to be complete under the operating procedures followed at the time by the Warrant Agent, it being understood that neither preparation and issuance shall constitute part of such procedures for any purpose of this definition;

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

  • Chief Compliance Officer means the individual appointed by the Board as BSEF’s chief compliance officer in accordance with the Operating Agreement, with the duties and responsibilities as may be prescribed by the Board from time to time as set forth in Rule 208.

  • Compliance Audit means the procedure (in a form advised by the GLA from time to time) by which an auditor independent of the Grant Recipient certifies (at the Grant Recipient's cost) whether the Named Projects developed or Rehabilitated pursuant to this Agreement satisfy the GLA's procedural compliance requirements (as described in the Affordable Housing Capital Funding Guide);