May 2020 Q1 b.
Explain TWO (2) functions of the Internal Audit Agency Board as required by the Internal Audit Agency Act, 2003, (Act 658). (4 marks)
View Solution
- Establish appropriate structures for the effective and efficient execution of the object of the Agency,
- Secure the achievement of the object of the Agency,
- Approve plans for the development and maintenance of an efficient internal audit for bodies and institutions to whom this Act applies, and
- Take reasonable and timely action on the reports submitted to it by the Director-General.