Internal Audit

The Internal Audit Unit of the Commission has the responsibility to review, examine, evaluate, and report on:

• The soundness, adequacy, and application of internal control;
• The extent of compliance of the activities of the Commission to the established framework of internal control;
• The extent to which the assets of the Commission are accounted for and safeguarded against losses from fraud and other irregularities, waste, extravagance, inefficiency and other abuses;
• The economy, efficiency and effectiveness of the operations of the Commission; and
• The accuracy and integrity of the accounting and management information generated within the Commission.

To enable the Internal Audit Unit to fulfill the responsibilities set out above, it shall operate with independence. To achieve this:

• The Head of the Internal Audit has direct access to the Accounting Officer as well as all the Directors or other departments.
• The Internal Audit Unit is independent of all financial systems operating within the Commission and is not involved in any of its processes
• The Head of the Internal Audit Unit has the right of reporting, unedited and under his signature directly to the Accounting Officer.

• Preparation of Annual Audit Program.
• Preparation of Audit Guide
• Initiating appropriate policies that enable the efficient and effective operation of the Unit.
• Attending to management and other ad-hoc meetings on behalf of the Unit.
• Prompt rendition of statutory and management reports- monthly, quarterly, half-yearly, and yearly reports.
• Liaising with Office of the Accountant-General of the Federation for the update, from time to time, on policy issues relating to Internal Audit operations.
• Initiating investigation into issues relating to criminal misappropriation and other gross financial mismanagement.
• Other duties that may be assigned from time to time by the management of the Commission.