To advise on the adequacy of the Authority’s internal controls.

This Unit will perform the following activities:

1. Develop and implement audit procedures in accordance with  accepted standards;
2. Review and report on the systems in place used to safeguard assets and verify the existence of such assets;
3. Review and report on operations or programs to ensure conformity with intended objectives and goals;
4. Assess the risk management  of the Authority and advise accordingly;
5. Coordinate statutory audits in collaboration with external auditors;
6. Carry out regular and special audits as may be required;
7. Review and report on proper internal control over the receipt, custody and utilization of all financial resources;
8. Review and report on conformity with financial and operational procedures laid down in any legislation or any other regulation or instruction issued under such legislation and good accounting practices; and
9. Review and report on the adequacy of controls built into computerized systems in place.