Examples of Internal audit program in a sentence
Internal audit program should take into account the environmental importance of the various components of the organization’s activities.
Internal audit program shall address all the elements of the management system related to the verification activities.
The Company has also put in place a well-defined organization structure, clear authority levels and internal guidelines for conduction of business transactions.M/s Price Water House Coopers conducts company’s Internal audit program which supplements the Company’s internal control systems.
Criterion XVIII Internal audit program ineffective in identification of noncompliance (Finding FCS-V-10-28) Conclusions Based on their assessment of the performance of the NUPIC joint utility audit team, the NRC inspectors concluded that, with the exception of the PBSA Worksheet preparation and usage, the NUPIC audit team effectively implemented the NUPIC audit process and thoroughly reviewed the areas covered by the audit.
Internal audit program covers all areas of activities and periodical reports are submitted to the management and a quarterly internal audit report is placed before the Audit Committee for its review and the Internal Auditor will also be present.
The Internal audit program is reviewed by the Audit Committee at the beginning of the year to ensure that the coverage of the areas is adequate.
Gavi’s traditional oversight process has three lines of defense: (1) Country programs, alliance partners, and implementing countries owning and mitigating risks; (2) Risk, program capacity assessment, grant performance monitoring, finance, operations, legal support, and overseeing risk; and (3) Internal audit, program audit, whistle- blower facility and investigations, and counter fraud proving independent assurance.
Internal audit program to be developed in 2009.35We recommend GPE establish a three to five year comprehensive audit plan that would cover all aspects of BCLC’s operations.
Once established, Internal audit program should cover the proposed project within their annual program.Effectiveness of this to be monitored during project implementation.
Internal audit program approves by the Principal Accounting Officer at ministry level while National Program Manager at the federal level with quarterly review on the progress.