Introduction

The Office Of Internal Audit Covers The Activities Of The Ministry Of Finance Through The Internal Audit Charter. Pursuant To Cabinet Resolution No. (45) For The Year 2022 Regarding The Organizational Structure Of The Ministry Of Finance, The Internal Audit Office Has Carried Out Audit And Audit Work On The Financial And Administrative Activities Of The Ministry, And The Current Report Deals With A Summary Of The Most Important Observations That Resulted From The Audit Work For The Year XXX.

Laws and Attributions

• International Standards For Professional Practices)IPPF)
• COSO Internal Audit Framework
• Sawyer's Guide To Internal Auditors
• Internal Audit Charter
• Internal Audit Manual
• Audit Office Strategic Plan 20×Xx - 20

Second : Work Methodology :

On The Basis Of The Charter And Methodology Of The Internal Audit Of Federal Governance And The Guide Of The COSO Committee “Internal Control - An Integrated Framework”, The Elements Of Internal Control Were Divided As Follows:

control environment:

Xx% Of The Annual Audit Plan For The Year 20Xx Has Been Completed. The Number Of Audit Transactions Amounted To ××, Of Which ×× Were Classified As Non-Audible Based On The Restrictions That Were Represented In: Lack Of Specialized Audit Staffnon-Cooperation Of The Audited Entities In Providing Audit Requirements On Time For The Audit Program. Despite The Decrease/Increase In The Audit Programs Implemented For The Year 20Xx, It Is Noticed A Decrease/Increase In The Percentage Of Commitment At The General Level Of Organizational Units, Due To

For Example :

The Non-Cooperation Of The Entities Subject To The Audit By Closing The Notes According To The Approved Treatment Plans, Or The Non-Cooperation With The Auditor In Providing What Is Necessary To Start The Audit Process, Treatment: An Individual Performance Target Has Been Created At The Level Of Departmental Managers In The Sectors In Cooperation With The Performance Evaluation To Raise The Percentage Of Commitment For The Year X 20.

Reports of external (governmental) supervisory authorities:

The Number Of Observations Of The Office Of Al-Mohs (Preparation And Follow-Up Of The Implementation Of The Budget) Reached 5 Observations, Including 3 Observations Of High Risk And 2 Observations Of Medium Risk In 2021.

Indicator results for the year 20×:

The Following Table Represents The Results Of The Internal Audit Indicators For The Year 2021 And A Statement Of The Target And Achieved For Each Indicator:

Limitations:

Xx% Of The Annual Audit Plan For The Year 20Xx Has Been Completed. The Number Of Audit Transactions Amounted To ×××, Of Which ×× Were Classified As Non-Audible Based On The Restrictions That Were Represented In: Lack Of Specialized Audit Staffnon-Cooperation Of The Audited Entities In Providing Audit Requirements On Time For The Audit Program. Despite The Decrease/Increase In The Audit Programs Implemented For The Year 20×, It Is Noticed A Decrease/Increase In The Percentage Of Commitment At The General Level Of The Sectors, Due To:

For Example :

The Non-Cooperation Of The Entities Subject To The Audit By Closing The Notes According To The Approved Treatment Plans, Or The Non-Cooperation With The Auditor In Providing What Is Necessary To Start The Audit Process, Treatment: An Individual Performance Target Has Been Created At The Level Of Departmental Managers In The Sectors In Cooperation With The Performance Evaluation To Raise The Percentage Of Commitment For The Year X 20.

The most important achievements during 20×××

Human And Financial Resources:

Financial budget:

An Estimated Budget Has Been Allocated For The Year 20×××××××××××××, Including Salaries, Plans And Operational Initiatives.

Risk Assessment:

Risk Register Iternal Audit Office 20×20:

Types Risk:

Follow-up activities:

N This Section, We Review The Results Of Performance Indicatorsiternal Audit Office20××, Which:

• Office Internalthe Percentage Of Completion Of The Strategic Plan20××-20××According To The Initiatives Related To The Year20×× For Office Internal Audit Percentage××%.
• The Number Of Audit Transactions Executed During The Year20××(××) Transaction Where Closed××% Audit Task.
• Follow Up On The Feedback Received From The Internal Evaluation To Ensure And Improve The Quality Of Work
• Set Auditor Government ××××
• Appointment Of The External Auditor

Overall Assessment of a System of Internal Control

* If It Is Determined That There Is A Major Deficiency, Management Must Conclude That The System Of Internal Control Is Not Effective.

Providing other services and consultations

At The Official Request Of The Authorities And With The Approval Of The Senior Management, The Internal Audit Office Provided The Following Services:

The details of the most important work and activities of the internal audit will be presented as follows

The quality of the internal audit

The Quality Audit Plan Has Been Prepared And Approved To Include Continuous Monitoring Of Internal Audit Activities, Monitoring And Follow-Up Of The Internal Evaluation Observations For The Year 20Xx, Internal Evaluation Of The Work Quality Assurance And Improvement Program (Periodic Review), Measuring The Impact Of Internal Customers - Measuring The Impact Of Internal Audit Staff, And External Evaluation (Follow-Up To The Report Of The Financial Supervisory Authority), In Addition To Strategic Initiatives (Partnerships Initiative - Business Continuity Initiative - Creativity And Innovation Initiative - Happiest Work Environment Initiative - Internal Audit Initiative). Xx% Of The Planned Activities Have Been Accomplished.

First: Continuous supervision of internal audit work

By Checking The Number Of Xxx Reports In The Xxx Program, It Was Found That There Were Errors In The Reports, Including:

• Not Mentioning Mission Objectives In The Audit Program
• Not Linking The Strategic Objective To The Task Objective In The Audit Program
• Failure To Follow The Steps Of Writing The Report According To International Standards In Some Reports
• Failure To Include The Discussion Of The Party Concerned With The Results Of The Report Through A Meeting Or Evidence Of The Presentation Of Observations
• Grammar And Spelling Errors
• Difference In Audit Activities In The Approved Plan
• Not Including The Description Of Audit Programs In Some Transactions

Technical Audit Of Reports Issued To A Number Of

Scope Technical Audit Report

Technical Audit Report On Business Start-Up Meetings 2021

Periodic Follow-Up Report 2021 - Auditing Description Of Audit Programs (All Sections)

Secondly:Follow-Up Notes Of The Internal Evaluation Of The Work Of The Internal Audit

The Evaluation Observations Were Followed-Up Xxxxxxxxx For The Program To Ensure And Improve The Quality Of The Internal Audit Work And To Monitor The Cases Of Previous Observations. On Examination, The Following Was Found:

hrough the audit, xxx was closed out of xxx notes:( for example )

Although There Is A Demand For A Job Vacancy For The Technical Resources Asset Audit Branch, Not Enough Resources Have Been Assigned To Achieve The Mission Objectives.

Lack Of Skill And Necessary Professional Care (The Note Will Be Closed Until The Employees Obtain The Certificate Of Certified Auditor)

It Was Found That The Internal Audit Observations Were Based On Risks And Not The Institutional Risk Register When Preparing The Internal Audit Plan.

The Candidate Identification Form To Succeed The Incumbent Of The Targeted Position In The Replacement And Succession Process Has Not Been Completed

It Was Found That The Internal Audit Manual Was Not Updated

It Was Found That There Was A Delay In The Time Taken For The Audit Process XXXXX, The Closure Of The Audit Programs On Time And The Cancellation Of Some Audit Programs Planned For The Year 20Xx

Exceeding The Actual Time For Receiving Documents As Agreed And Delaying The Inclusion Of Internal Assessment Evidence

Fourthly:Internal evaluation of internal audit work (Business Quality Assurance and Improvement Program) executive summary

The (Internal Evaluation) Of The Program To Ensure And Improve The Quality Of Internal Audit Work Was Carried Out In Xxxxx Out Of 20Xx To Determine The Extent To Which The Internal Audit Activity Complies With International Standards For The Practice Of Internal Audit Work.IPPF. As It Was Found That The Internal Audit Office Is Generally Compliant With International Standards, But There Are Improvement Opportunities For The Next Evaluation

Program Goals

Assessment Of The Compliance Of The Internal Audit Activity With The International Professional Framework For The Practice Of Internal Audit Ork.IPPF) And Its Effectiveness In Carrying Out Its Mission As Described In The Internal Audit Charter.

Identify Business And Audit Staff About Internal Audit Activities And Provide Level Of Satisfaction With Services Provided.

Review And Identify Ways To Enhance Internal Audit Methodology, Policies And Procedures, And Internal Audit Interaction With Stakeholders

Successful Internal Audit Practices

1. Standard 1000 - Purpose, Authority and Responsibility

2. Standard 2200[Planning the internal audit assignment]

3. Standard 2330[documentation of information]

4. Standard 2430[Use of the phrase “the engagement was accomplished in accordance with the International Standards for the Professional Practice of Internal Auditing”

5. Standard (1230) Continuing Professional Education

workshops within the country

Affiliation With International Professional Associations (Xxxxxxx)

Percentage Of Participants In The Unified Suggestion Program Xxx%, And Xxx Were Added, Including The Number Of Feasible Ideas Xx.

Details - Compliance Gaps with Standards or Ethics

1. Standard 2100 Nature of Business (Risk Management 2120)

2. Standard 2400 – Communication of results (Reporting Standards 2410 and Quality of Reporting 2420).

Details - Opportunities for continuous improvement

1. Standard 1200 - Necessary Professional Skills and Care

Internal evaluation table to ensure and improve the quality of work:

Put a mark (x) as applicable (Mark "X" as applicable)

Internal evaluation observations and recommendations (ensure and improve the quality of work):

Customer Survey ResultsClient Survey Results

Internal Customer Satisfaction SurveyInternal Customer Satisfaction Survey

A Customer Satisfaction Questionnaire (Internal) Was Sent Regarding The Quality Of The Internal Audit Work, And It Showed The Following: A Number Of Xxx Male And Female Employees Were Sent And A Response Was Made To Xxx Employees. The Overall Satisfaction Rate Was Xx%.

Employee happiness resultsIternal audit office 20xxx:

Manageddeskthe Internal Audit Achieved A Percentage Of Xxx% In The Results Of Job Happiness For The Year Xx20 According To The Mechanism Of Xxxxx

secondly : Strategic initiatives

Business Continuity Initiative Charter