The Internal Audit department is headed by the Internal Auditor Gideon Mwongela

Role of Internal Audit Department

The Institute of Internal Auditors (IIA) defines Internal Auditing as:

“An independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. The internal audit activity helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.”

Consistent with its mission, the Internal Audit Department provides management with information, recommendations, and advice regarding the activities examined and other significant issues.

The department executes an approved audit plan and performs the following tasks in accordance with its overall strategy:

  1. Verify the existence of assets and recommend proper safeguards for their protection;
  2. Evaluate the adequacy of the system of internal controls;
  3. Recommend improvements in controls;
  4. Assess compliance with policies and procedures and sound business practices;
  5. Assess compliance with state and federal laws and contractual obligations.
  6. Review operations/programs to ascertain whether results are consistent with established objectives and whether the operations/programs are being carried out as planned;
  7. Investigate reported occurrences of fraud, embezzlement, theft, waste, etc.

Independence is essential to the effectiveness of the internal audit function. In carrying out the duties and responsibilities the Head of Internal Auditing reports functionally to the Audit Committee and administratively (i.e., day to day operations) to the Principal. The Head of Internal Auditing communicates and interact directly with the Audit Committee and the Board should matters of immediate significance arise which demand such attention.

In discharging the above mandates the Internal Audit department will be guiders by:

A) Key Legal Instruments:-

  1. The Constitution of Kenya 2010
  2. International Professional Practices Framework (IPPF) of January 2017
  3. The Public Finance Management Act No. 18 of 2012 Regulations, Regulation 160-178
  4. Public Audit Act No. 34 of 2015
  5. Special Issue of the Kenya gazette of 15th April 2016
  6. Internal audit guidelines for National government entities of March 2016

 B) Key Documents-Internal:-

  1. Internal Audit Charter
  2. Audit Committee Charter
  3. Internal Audit Strategic Plan 2021 – 2023
  4. Internal Audit Procedure Manual
  5. Internal Audit Risk Based Work Plan