Plan

What I want the IA function to be:
Objective is to achieve providing an insurance on internal control arrangements and playing an important role in promotting a good corporate governance and adress future challenge

Role detailled * review the whole system of control, both financial and non-financial, and focus on the areas where assurance is most needed * Provide an annual opinion on the organisation’s governance arrangements, which is used by Chief Executives as a primary source of evidence for their annual governance report * adding value by helping to improve services whilst retaining their objectivity * Create the statement principle based and use it as best practice

The definitions used in this document are primarily based on those used in CIPFA’s Role of the Chief Financial Officer Statement and in CIPFA’s Code of Practice for Internal Audit in Local Government. These definitions are broadly consistent with those used by the Institute of Internal Auditors (IIA) and reflected in the standards used in central government and the NHS

Internal audit*
An assurance function that provides an independent and objective opinion to the organisation on the control environment, by evaluating its effectiveness in achieving the organisation’s objectives. It objectively examines, evaluates and reports on the adequacy of the control environment as a contribution to the proper, economic, efficient and effective use of resources.

Primary audience
The primary audience for this Statement is those who rely on the HIA’s assurances – the Leadership Team and the Audit Committee. CIPFA recommends that they should examine their own organisation against this Statement to satisfy themselves that they have effective HIA arrangements in place

5 principles to strengthen governance, risk management and internal audit. Intent to be a framework to assess their existing arrangements (linked to any sector specific guidance or standards), and that they