Internal Audit

The Internal Audit Department performs a wide range of audit services including financial audits, compliance audits, operational audits, information technology audits, and consulting services. The Internal Audit Department reports to the Office of the Executive Director. This reporting structure allows the Internal Audit Department to remain independent and report all items of significance to the Executive Director.

Uganda Industrial Research Institute’s Internal Audit Department was established for the purpose of providing management and the Board with reasonable assurance that the management control systems throughout the Institute are adequate and operating effectively. Internal Audit provides an independent and objective appraisal of activity for management and furnishes them with analysis, recommendations, counsel, and information concerning the activities reviewed. This includes promoting effective controls at reasonable cost.

Confidence in the institution is paramount if it is going to achieve its stated objectives. The Internal Audit Department provides valuable support in maintaining the public’s confidence by performing independent and objective reviews and reporting to the management and responsible administrative on their findings so that corrective actions or enhancements can be initiated.

The Internal Audit Department assists operating management in achieving operating goals by evaluating controls to ensure systems function adequately, by identifying weaknesses, and by providing recommendations. Through complete and unrestricted access to records, property, and personnel, Internal Audit provides the institute with an additional resource in meeting these goals. With the support of Institute management and the Audit Committee, the Internal Audit Department provides the highest quality of auditing services, thus enhancing fiscal control.

A formal discussion on the audit findings and recommendations is held with Executive Director, directors and the supervisors of the area being audited. The management responses are incorporated into the draft report along with any agreed upon changes, thus becoming a final report. The final report is distributed to the appropriate management. All audit information is treated as confidential and is reported only to those within the Institute who need to know.