What Types of Audits Does Internal Audit Perform?
The Internal Audit Division of the Office of Internal Audit and Investigations performs performance audits. These audits are defined by Government Audit Standards as: Engagements that provide sufficient, appropriate evidence against stated criteria, such as specific requirements, measures, or defined business practices. They provide objective analysis so that management and those charged with governance and oversight can use the information to improve program performance and operations, reduce costs, facilitate decision making by parties with responsibility to oversee or initiate corrective action, and contribute to public accountability. Types of audits that Internal Audit conducts includes: • Management – These audits are operational in nature and assess a process, program or activity. Management audits are included on the annual audit plan, which is developed at the beginning of the fiscal year and passed by City Council in the form of a Resolution. • Budget – These audits are requi
