Internal audit

The audit entity has the right to provide services for the execution of the internal audit function, in addition to the function of the auditor / audit committee.

The internal audit service is an autonomous structural subdivision within the entity.

The service has in its competence the following basic attributions:

– advises on risk management and control processes, and provides recommendations on improving their effectiveness, generating added value and improving the activities of the entire entity;

– ensures the management advice regarding the good functioning of the management and control systems within the entity;

– performs internal public audit activities in order to assess whether the financial management and control system is transparent and in accordance with the norms of legality, regularity, economy, efficiency and effectiveness.

Leave a Reply

Your email address will not be published. Required fields are marked *