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Internal Audit Unit

Internal Audit Unit. South African Department of International Relations and Cooperation By: Internal Audit. CONTENTS. Overview: Internal Audit Audit Committee Challenges Way Forward Conclusion. OVERVIEW. MANDATE PUBLIC FINANCE MANAGEMENT ACT Sec 38(1)(a)(ii)

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Internal Audit Unit

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  1. Internal Audit Unit South African Department of International Relations and Cooperation By: Internal Audit

  2. CONTENTS • Overview: • Internal Audit • Audit Committee • Challenges • Way Forward • Conclusion

  3. OVERVIEW MANDATE • PUBLIC FINANCE MANAGEMENT ACT Sec 38(1)(a)(ii) • Accounting Officer to establish a system of internal audit under control and Guidance of Audit Committee • Complying with and regulations & instructions prescribed in terms of section 76 and 77 • PUBLIC FINANCE MANAGEMENT ACT Sec 76(4)(e) • The National Treasury may make the regulations or instructions concerning Internal Audit components and their functioning • Currently the Internal Unit of DIRCO has 8 staff members responsible for conducting audits at Head Office and 125 Missions and the ARF fund.

  4. AUDIT COMMITTEE • Independent Committee comprising of members outside the Department • Head of Department, DDG’s and Head of Internal Audit are invited, non-voting members (standing invitees) • Chairperson of the Committee from outside the Public Service • Main role is the oversight of all activities of the department especially the system of internal controls • Reinforce and coordinate the work performed by the external and internal auditors

  5. AUDIT COMMITTEE 4 New members were appointed in December 2013. • Currently comprise 7 members. • Human resources • ICT field • Auditing, Accounting and Management Consulting. • Foreign Diplomacy • Legal

  6. CHALLENGES AND WAY FORWARD • HR has started with the process and some of the vacant posts have been filled • Job evaluation has been completed for the post of the ICT auditor as it is a specialised field. • Internal Audit structure current being reviewed. • Delays in filling vacant funded posts • Inadequate human resource capacity • Staff turnover due to market related rates offered by other institutions • Incomplete operation plan due to lack of human resources • Mission audits not conducted regularly

  7. Questions Thank you THE END

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