Internal Audit Division

Our Role

• “Internal Auditing is an independent, objective assurance & consulting activity designed to add value and improve and organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance process. (definition IIA)
• Simply put, we’re here to support Consumer Affairs Authority administration in making the best use of the CAA’s assets.

Scope of Service

• Review the reliability and integrity of financial and operating information and the means used to identify measure, classify and report such information.
• Evaluate compliance with policies, plans, procedures, laws, and regulations.
• Study processes being used to assure the most efficient and effective use of all CAA resources.
• Evaluate the means used to safeguard assets and, when appropriate, verify the physical location of assets.
• Review operations or programs to ascertain whether results are consistent with established objectives and goals, and whether the operations or programs are being carried out as planned.
• Support and assist with investigation of employee dishonesty and theft when requested.
• Provide customized training to CAA HR operating units on accountability, internal control, and fraud awareness.