Audit

OFFICE OF THE INTERNAL AUDITOR KIKUUBE DISTRICT LOCAL GOVERNEMNT

BACK GROUND

Kikuube district is one of the newly created districts in the country it was curved out of Hoima district which is Buhaguzi constituency, and became operational on 1st July 2018.

Mugisha Moses.
CPA, MSc Acc & Fin, BBA, Dip Acc

Principal
Internal Auditor

Key Objectives

The overall objective of Internal Audit department is to provide assurance to management of the Kikuube district local government regarding the management of key risks and to provide independent and objective advice to management in discharging their duties and responsibilities.

In line with the mission s of the department, the general objectives of the Office of the Internal Auditor are:

·         Appraise the soundness and application of the accounting, functional and operational controls of a vote;

·         Evaluate the effectiveness and contribute to the improvement of risk management processes of a vote;

·         Provide assurance on the efficiency, and the effectiveness of the economy in the administration of the programmes and operations of a vote.

·         Prepare an annual workplan of the activities to be performed by the internal audit in a financial year which shall be determined by the fiscal risk of the vote.

·         Every three months, submit a report on the execution of the workplan to the District Speaker, Accounting Officer, the audit committee and copy of the report to the Internal Auditor General.

 

MANDATE

Internal Audit department
derives its mandate from sec. 90 of the Local Government Act 2017 as amended,
Sec. 48, Public Finance Management Act 2015 as amended, Par. 6.4 of the
Treasury Instrument 2017, Sec. 12 of the Local Government Financial and
Accounting Regulation 2007 and Local Government Internal Audit Manual 2007.
Internal Audit is
also guided by the Charter for Internal Auditor Functions (2008), Government
Standing Orders, Government Laws, Guidelines and other regulations by:

·    Reviewing the governance
mechanisms of the entity and mechanisms for transparency and accountability
with regard to the finances and assets of the entity;

· Conducting risk-based,
value-for-money and systems audits aimed at strengthening internal control mechanisms
that could have an impact on achievement of the strategic objectives of the
entity;

·   Verifying the existence
of assets administered by the entity and ensuring that there are proper
safeguards for their protection;

·    Providing assurance that
appropriate institutional policies and procedures and good business practices
are followed by the entity; and

– Evaluating the adequacy
and reliability of information available to management for making decisions
with regard to the entity and its operations.

·        The department is headed
by the Principal Internal Auditor, and assisted by the Internal Auditor.

Core Values

The core values as internal auditors include:

Integrity
The integrity of internal auditor to establishes trust and thus provides the basis for reliance on their judgment.

Objectivity
Internal auditors exhibit the highest level of professional objectivity in gathering, evaluating, and communicating information about the activity or process being examined. Internal auditors make a balanced assessment of all the relevant circumstances and are not unduly influenced by their own interests or by others in forming judgments.

Confidentiality
Internal auditors respect the value and ownership of information they receive and do not disclose information without appropriate authority unless there is a legal or professional obligation to do so.

Competency
Internal auditors apply the knowledge, skills, and experience needed in the
Mission of the department, to provide independent, objective assurance and consulting services that add value to the operations of the vote through a systematic evaluation of governance, risk management and controls”.