Internal audit function

Enterprises should disclose the scope of work and responsibilities of the internal audit function, as well as the highest level within the leadership of the enterprise to which the internal audit function reports.

Enterprises with no internal audit function should disclose the reasons for its absence.

Given the potential variation in the internal audit function among enterprises, it is recommended that relevant details of this function be disclosed.

Implementation of an audit recommendation tracking dashboard atnc (http audit dashboard.undp.org) and Establishment of a quality assurance function with responsibility for working with country offices and the audit office to address emerging issues proactively, to analyse trends and to address systemic issues.

The group recognized that an effective internal audit function plays a significant role within the corporate governance framework of a company.

OIOS assumes the internal audit function for UNHCR on the basis of a Memorandum of Understanding concluded on 24 July 2001.

(d) The existing quality assurance function will continue to advise the management team on emerging audit trends, root cause analysis and possible actions

Integrated into the internal audit and business divisions, regional bureaux and country offices, the quality assurance function complements internal and external audits in the following ways

In line with the increasing focus on improving organizational effectiveness and responsiveness to audit recommendations, UNDP recently established the quality assurance function currently embedded in the structure of BOM.

The Deputy Executive Director noted that UNICEF intentionally set itself very demanding performance standards and that its audit function was fully transparent to the United Nations Board of Auditors.

In paragraph 212 of its report, the Board recommended that UNDP address the shortcomings identified between the Management Review and Oversight Committee and best practices for an audit committee function.

Continuing oversight through audits. The audit function will continue to assess and analyze the effectiveness and adequacy of programme and operations management practices, governance processes and internal controls throughout the organization.

Over the long term, this will lead to improved accuracy of the data in the system in the short term, the audit function has led to an increase in the workload of the staff.

Audit Recommendations

Internal audit

Audit opinion

Audit process

Internal audit

Audit opinion

External audit

Internal audit

Audit costs

Internal audit is conducted by a dedicated UNHCR Audit Service, which forms part of Internal Audit Division II that is headquartered at Geneva.

The UNHCR Audit Service, in close cooperation with the UNHCR Audit Coordinator in the Controller's Office, vigorously follows up on outstanding audit recommendations.

We believe that our audit provides a reasonable basis for the audit opinion.

The Audit Services Branch will update the checklist for the 2005 audit exercise.

Function

Function

Audit the Fed?

Internal audit ratings

Audit services 10.0

Scope of audit

OIOS Audit Service

UNHCR Audit Service

Regarding function, the mechanism may serve a funding or coordinating function.

In paragraph 181, the Board of Auditors recommended that UNFPA, in conjunction with UNDP, reconsider activation of the audit trail function, taking into account the benefits and effect it will have on the operations of the Atlas system.

In addition, the Board of Auditors and the Office of Internal Oversight Services (OIOS), which identified the procurement function as a high risk area, periodically review the reform process and audit procurement practices of the funds and programmes.

Annual report and audit

Audit recommendation tracking dashboard

Independent Audit Advisory Committee

(c) Audit and Inspection

Wish function

User function

Monitoring function