This Internal Audit Charter sets out the broad legal framework in respect of Internal Auditing of Cape Coast Metropolitan Assembly. The Internal Audit Charter outlines the objectives, structure, authority and responsibilities of Management, the Internal Audit Unit as well as other departments, units and sub-structures in respect of Internal Auditing in Cape Coast Metropolitan Assembly.
The Internal Audit Agency Act,2003 (Act 658) also stipulates that, the Cape Coast Metropolitan Assembly maintains an Internal Audit Function as an overall control measure to provide an invaluable quality assurance and independent service to all levels of management in achieving the objectives of the Cape Coast Metropolitan Assembly, any department, unit or sub-structure within the Metropolitan Assembly.
To be regarded as a valued resource by management, staff and our employers in accordance with the highest professional and ethical standards.
The mission of Internal Audit Unit is to enhance and protect organizational value by providing risk-based and objective assurance, advice, and insight. The Internal Audit activity would help the Metropolitan Assembly accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes.
The purpose of the Internal Audit Unit is to provide independent, objective assurance and consulting services designed to add value and improve the Metropolitan Assembly’s operations.
The purpose of the Internal Auditing Function is to carry out audits and professional evaluations of the activities of the Organization, and to ensure that the system of internal controls applicable to financial, programme and project areas provide reasonable assurance to management and that: