Public sector accountability has never faced a higher standard – nor carried higher stakes. Citizens demand transparency, legislatures demand performance, and development imperatives demand that every public shilling be deployed with discipline and purpose. Yet across many institutions, the function best positioned to provide that assurance – internal audit – remains chronically underpowered, structurally compromised, or misunderstood as a compliance formality rather than a strategic capability.
This Best Practice Guide changes that conversation. Written through the lens of the 2024 Global Internal Audit Standards (GIAS), the International Professional Practices Framework (IPPF), and International Public Sector Audit Standards (IPSA), it offers accounting officers, audit committee members, chief audit executives, and practitioners a definitive, practical, and inspiring roadmap for building internal audit capability that is truly fit for purpose.
From founding charter to maturity assessment, from risk-based planning to impactful reporting, this guide covers every dimension of a high-performing internal audit function – complete with sample documents, templates, KPIs, and step-by-step implementation guidance. Anchored in the philosophy of Patrick Gitau and enriched with practitioner wisdom drawn from real-world public sector experience, it is both a technical manual and a leadership call to action. Whether you are establishing a function from scratch, recalibrating an existing one, or preparing for an external quality assessment, this guide equips you with everything you need to succeed.
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Audit Management PowerPoint Slides: Establishing Effective Internal Audit Capability Guide PowerPoint (PPTX) Presentation Slide Deck, Patrick Gitau
|
Receive our FREE presentation on Operational Excellence
This 50-slide presentation provides a high-level introduction to the 4 Building Blocks of Operational Excellence. Achieving OpEx requires the implementation of a Business Execution System that integrates these 4 building blocks. |