Internal Audit

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Introduction

Internal Auditing is an independent and objective assurance and consulting activity that is guided by a philosophy of adding value to the operations of Guilford County. Internal Audit assists the County in accomplishing its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization's governance, risk management, internal control.

Mission Statement

The mission of the Internal Audit Department is to provide independent and objective reviews and assessments of the business activities, operations, financial systems and internal controls of Guilford County. The Internal Audit Department accomplishes its mission through the conduct of audits and reviews, selected as the result of a risk identification / risk assessment process and other inputs. The resulting schedule of audits is reviewed and approved by senior County Management and the Audit Committee of the Board of Commissioners.

Objective

The Internal Audit Department conducts independent reviews and appraisals of the County’s procedures and operations. These reviews provide management with an independent appraisal of the various operations and systems of control. The reviews also help to ensure that County resources are used efficiently and effectively while helping the County achieve its mission, as directed by the County Commissioners. It is the intention of the Internal Audit Department to perform this service with professional care and with minimal disruption to County operations.

Reporting Status

The Internal Audit Department reports to the County Manager and the Audit Committee of the Board of Commissioners. This enhances the department’s ability to operate independently and without bias in regard to County activities. The department seeks to conduct its work in accordance with the International Standards for the Professional Practice of Internal Auditing, a part of the Professional Practices Framework promulgated by the Institute of Internal Auditors.

Staff

The Internal Audit Department consists of one director and full-time auditors. Staff members have experience in auditing and accounting in the public and private sectors. Experience includes banking, information services, healthcare, finance and local government auditing and accounting.  Staff members have Bachelor’s Degrees in Accounting, Business, and Master’s Degrees in Accounting. Professional certifications of staff members include Certified Public Accountant (CPA), Certified Internal Auditor (CIA) and Certified Risk Management Assurance (CRMA).

The experience of the staff enables the accomplishment of a wide variety of tasks. Services offered include operational/performance audits, administrative reviews, fraud investigations, compliance audits and consultative services.