Internal Audit Department definition

Internal Audit Department means the Bank’s Internal Audit Department.
Sample 1Sample 2Sample 3
Internal Audit Department means the internal audit department of Bahri.
Sample 1Sample 2
Internal Audit Department means the Internal Audit Department of SOCAR Turkey.
Sample 1Sample 2

Examples of Internal Audit Department in a sentence

  • The Internal Audit Department monitors and evaluates the efficacy and adequacy of internal control system in the Company, its compliance with operating systems, accounting procedures and policies at all locations of the Company.

  • Securities Brokers shall monitor their employees’ trades regularly and the Internal Audit Department will ensure compliance of these Regulations and any violation shall be communicated to Audit Committee/Chief Executive Officer and shall be submitted to the Exchange and/or the Commission as and when demanded.

  • The Internal Audit Department monitors and evaluates the efficacy and adequacy of internal control system in the Company, its compliance with operating systems, accounting procedures and policies of the Company.

  • Brokers shall monitor their employees’ trades regularly and the Internal Audit Department will ensure compliance of these PSX Regulations and any violation shall be communicated to Audit Committee/Chief Executive Officer and shall be submitted to the Exchange and/or the Commission as and when demanded.

  • The Internal Audit Department monitors and evaluates the efficacy and adequacy of internal control system in the Company, its compliance with operating systems, accounting procedures and policies at all locations of the Company and its subsidiaries.

  • The Fund’s accounting records are kept by Bank employees selected based on their qualifications, in accordance with the provisions of the Governing Body and with the oversight of the Internal Audit Department.

  • The Fund’s accounting records are kept by Bank employees selected based on their qualifications, in accordance with the provisions of the governing body and with the oversight of the Internal Audit Department.

  • The Bank reserve the right to audit the bidder by its internal auditors from Internal Audit Department or any outside agencies as decided by the Bank.

  • The successful bidder shall agree to audits by an official of the Purchasing Department or the County’s Internal Audit Department if, during the period of the contract or bid award, such an audit is deemed necessary.

  • The ERCOT F&A Committee shall approve an annual audit plan for the ERCOT Internal Audit Department.


More Definitions of Internal Audit Department

Internal Audit Department means a department or unit of the Corporation and its consultants, if any, that provide independent and objective assurance services in order to add value to and improve the Corporation’s operations.
Sample 1Sample 2Sample 3
Internal Audit Department has the meaning ascribed to it in Clause 6.9.1;
Sample 1Sample 2
Internal Audit Department herein shall mean a department on the internal organization chart, which generally and collectively carries out audit works such as establishment of the Company’s internal audit plan, the execution of the audit plan, and report of the audit results, etc. pursuant to the Company’s Internal Audit Rules.
Sample 1

Related to Internal Audit Department

  • 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.

  • Internal Auditor means the person employed or engaged by the Corporation to perform the internal audit function of the Corporation;

  • 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:

  • Fire Department means an organized fire department as that term is defined in section 1 of the fire prevention code, 1941 PA 207, MCL 29.1.

  • Compliance Department means the Chief Compliance Officer of Federated and those other individuals designated by him or her as responsible for implementing this Code and the Associated Procedures.

  • Finance Department means the Finance Department of the Government of Assam;

  • Police Department means the Police Department of the City and County of San Francisco.

  • Investigating Department means any department / division / office of SCI investigating into the conduct of the Entity and shall include the Vigilance Department, “Central Bureau of Investigation, the State Police or any other authority or entity set up by the Central or State Government having powers to investigate”.

  • 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;

  • the Department means the Department of the Environment;

  • Department compliance officer means an individual who is:

  • Vigilance and Ethics Officer means an officer appointed to receive protected disclosures from whistle blowers, maintaining records thereof, placing the same before the Audit Committee for its disposal and informing the Whistle Blower the result thereof.

  • Health Department means the department of environmental quality, a city health department, a county health department, or a district health department, whichever has jurisdiction.

  • Planning Department means the Planning Department of the City and County of San Francisco.

  • State department means the state department of human services.

  • Preclearance Officer means the person designated as the Preclearance Officer in Appendix 2 hereof.

  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.

  • 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;

  • Local health department means the same as that term is defined in Section 26A-1-102.

  • Project Management Report means each report prepared in accordance with Section 4.02 of this Agreement;

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

  • State historic preservation officer or "officer" means the state historic preservation officer appointed by the governor under 16 U.S.C. 470a.

  • Local department means the local department of social services of any county or city in this

  • 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 Officer means Company Secretary or such other senior officer, who is financially literate and is capable of appreciating requirements for legal and regulatory compliance under these regulations designated so and reporting to the Board of Directors and who shall be responsible for compliance of policies, procedures, maintenance of records, monitoring adherence to the rules for the preservation of unpublished price sensitive information, monitoring of trades and the implementation of the codes specified in these regulations under the overall supervision of the Board of Directors of the Company.

  • Head of the Department means the administrative head of the department or the organization;