Summit County Internal Audit Charter

Rdumke

Description

Internal Audit DepartmentInternal Audit Department Summit County D In Atramento Internal Audit Department CHARTER Introduction Internal auditing is an independent appraisal activity established within the County to examine and evaluate its operations. The objectives of the Internal Audit Department are to assist members of the County in the effective discharge of their responsibilities by furnishing them with analyses, appraisals, recommendations, counsel, and information concerning the activities reviewed and by promoting effective control at reasonable cost. Role of the Internal Audit Department The Internal Audit Department is established by the voters of Summit County and memorialized in the County Charter, and its responsibilities are defined by the Audit Committee. The Director of the Internal Audit Department will report directly to the Audit Committee. Authorization and Responsibilities Authorization is granted for full and complete access to any of the County’s records (either manual or electronic), physical properties, and personnel relevant to a review. Documents and information given to internal auditors during a periodic review will be handled in the same prudent manner as by those employees normally accountable for them. Internal auditors have no direct responsibility or any authority over any of the activities or operations that they review. They should not develop and install procedures, ...

Informations

• Publié par: Urdoo
• Nombre de lectures: 28
• Langue: English

Extrait

CHARTER

Introduction

Internal auditing is an independent appraisal activity established within the County to examine

and evaluate its operations.

The objectives of the Internal Audit Department are to assist

members of the County in the effective discharge of their responsibilities by furnishing them

with analyses, appraisals, recommendations, counsel, and information concerning the activities

reviewed and by promoting effective control at reasonable cost.

Role of the Internal Audit Department

The Internal Audit Department is established by the voters of Summit County and

memorialized in the County Charter, and its responsibilities are defined by the Audit

Committee.

The Director of the Internal Audit Department will report directly to the Audit

Committee.

Authorization and Responsibilities

Authorization is granted for full and complete access to any of the County’s records (either

manual or electronic), physical properties, and personnel relevant to a review. Documents and

information given to internal auditors during a periodic review will be handled in the same

prudent manner as by those employees normally accountable for them.

Internal auditors have no direct responsibility or any authority over any of the activities or

operations that they review. They should not develop and install procedures, prepare records,

or engage in activities which would normally be reviewed by internal auditors.

Recommendations on standards of control to apply to a specific activity may be included in the

written report of audit findings and opinions which is given to operating management for review

and implementation.

Definition of Audit Scope

The scope of internal auditing encompasses the examination and evaluation of the adequacy

and effectiveness of the County's system of internal control and the quality of performance in

carrying out assigned responsibilities. It includes:

•

Reviewing the reliability and integrity of financial and operating information

and the means used to identify, measure, classify, and report such

information.

•

Reviewing the systems established to ensure compliance with those

policies, plans, procedures, laws, and regulations which could have a

Summit County

Internal Audit Department

D

In Atramento

Internal Audit Department

Internal Audit Department

significant impact on operations and reports and whether the organization

is in compliance.

•

Reviewing the means of safeguarding assets and, as appropriate, verifying

the existence of such assets.

•

Reviewing and appraising the economy and efficiency with which resources

are employed.

•

Reviewing operations or programs to ascertain whether results are

consistent with established objectives and goals and whether the operations

or programs are being carried out as planned.

Reporting Accountabilities

The Internal Audit Department reporting procedures are as stated in the Audit Committee By-

Laws as amended on June 23, 2004.

Audit Committee By-Laws

1.02.8 Review and approve all preliminary financial and performance auditing reports

performed by the Department.

(A) To comply with O.R.C. §149.433 and the Ohio Sunshine Laws (copies

attached) regarding security and infrastructure issues to protect any public

office against attack, interference or sabotage or to prevent, mitigate, or

respond to acts of terrorism, the reporting procedure will be as follows:

1.

The Internal Audit Department (IAD) will separate security and infrastructure

issues from other audit issues and develop two reports.

2.

The auditee will be informed of the security issues during the audit exit

conference and the two preliminary reports will be forwarded to management

with a request for a management action plan and implementation timeframe

to address all issues in both reports.

3.

The Audit Committee will receive both reports for approval.

4.

Upon approval by the Audit Committee, the final audit report that becomes

public record will state that security issues were discussed with the auditees

and because of the new laws as referenced above, these specific issues are

not reflected in the final report.

5.

The confidential report addressing security/infrastructure issues will remain

confidential as mandated by O.R.C. Section 149.433.

6.

The Audit Committee and the IAD will closely monitor the implementation of

the management action plan addressing the security findings.