Internal Audit

Government Internal Auditors should leverage the power of Financial Management Information System

A major element of internal control in government is an independent and professional internal audit function. In most jurisdictions, government internal auditors continue to use traditional manual auditing method of testing controls by performing the tests on a retrospective and cyclical basis. Judging effectiveness of an internal control system through manual means is subjective. This can be minimized through use of the capabilities of a FMIS which most governments have implemented.