CERTIFIED AWARDS IN AUDITING

CERTIFIED AWARD AUDITING

Criterion 6

AUDIT – INTERNAL AUDIT

The objective of the internal audit service is to provide specialized and scientifically based services to the management of the company for the proper and efficient performance of its duties by providing analyses, assessments, recommendations and observations on the company’s operations and transactions.

 

Audit function

  •  Independence of auditors
  • The Internal Audit Committee and Audit Committee
  • Separation of duties between the internal and external auditor
  • Specialized audit staff

 

Audit Service

  • Qualifications of auditors – Requirements for their certification
  • Auditors’ professional code of conduct
  • Use of auditors by the company for consultancy & training
  • Involvement of internal auditors in the preparation of financial statements

 

Auditing techniques

  •  Specific auditing plan per case (accounting errors, omissions, abuses, miscalculations, incorrect debit entries, etc.)
  • Training of auditors from an external source
  • Monitoring of risk points/procedures (red flags)
  • Gathering audit needs from stakeholders / Top Mgt

 

Investigation of fraud

  • Documented policies (Plan – Do – Check – Act)
  • Fraud prevention procedures
  • Transparency throughout the fraud detection & reporting process
  • Sanctions in proven fraud cases

 

Audit reporting

  • Frequency of audit reports
  • Monitoring of problem resolution –
  • Audit reports on “Pay for Performance”
  • Audit reports on company projects

RME CERTIFICATION BY CRITERION

It concerns public and private sector organisations that wish to be certified in specific areas in which they focus, such as Social Responsibility, Internal Audit, etc.

CERTIFIED AWARDS IN ETHICAL CULTURE & BEHAVIOR
CERTIFIED AWARDS IN TRANSPARENT COMMUNICATION & ACCOUNTABILITY
CERTIFIED AWARDS IN PLANNING & BUDGETING
CERTIFIED AWARDS IN AUDITING
CERTIFIED AWARDS IN QUALITY, HUMAN RESOURCES & PERFORMANCE
CERTIFIED AWARDS IN ENVIRONMENTAL FOOTPRINT
CERTIFIED AWARDS IN CORPORATE SOCIAL RESPONSIBILITY