"Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes."
The Institute of Internal Auditors Standards for the Professional Practice of Internal Auditing
Internal Audit Services
The Internal Audit Services (IAS) department assists management at all levels in assessing business financial, operating and other risk, and evaluating controls designed to address these risks.
Evaluating emerging technologies. Analyzing opportunities. Examining global issues. Assessing risks, controls, ethics, quality, economy, and efficiency. Assuring that controls in place are adequate to mitigate the risks. Communicating information and opinions with clarity and accuracy.
The Company’s Internal Audit function is conducted in accordance with the internal audit charter and under the general guidance of the regulation bodies. IAS conducts reviews of systems and controls to enhance compliance with requirements, policies and procedures, and government regulations; strengthen accountability and financial integrity; and assess economy, efficiency, and effectiveness of operations.
IAS also provides external audit coordination with various agencies or auditors in their review of the Company's financial data and internal controls.
Internal Control Systems
The Internal Control System consists always together from two parts a process of Internal Controls and a function of Internal Auditing .
 A narrative covering the following topics:
Internal Auditing Download Section
| 1. COSO Description |
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| 2. COCO Description |
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