tailieunhanh - Internal Audit Finding Its Place in Public Finance Management

Change is a common feature of the IT world. It is important that effective control procedures are in place to ensure that only authorised changes are made to IT systems. Not only is there scope for the accidental or deliberate inclusion of unauthorised code (the so called Trojan horse or time bomb) but change involves a degree of risk and it is necessary to ensure, for example, that the right version of software is actually implemented. Formal change control systems are necessary to ensure that changes to application software, systems software, and even IT hardware, are adequately tested, authorised and moved to live production in a controlled manner. . | Internal Audit Finding Its Place in Public Finance Management Cecilia Nordin Van Gansberghe For centuries internal audit was a simple administrative procedure of checking documents counting assets and reporting on past events to various types of management. Several forces in our times have led to a quiet revolution in internal audit. Democracy requires government to be accountable in its use of public money and in providing effective efficient and economical service delivery. Ever larger and more complex systems require greater competencies thus internal audit has had to become ever more professional. Sheer size also brings with it the need to assess risk deploying scarce resources in the most logical manner to address those risks. Technological advances have made it possible to track and analyse more data much faster. An informed world that keeps turning ever faster makes it essential for governments to be well informed by internal audit about the risks and improvements in public finance management and service delivery. World Bank Institute Copyright 2005 The International Bank for Reconstruction and Development The World Bank 1818 H Street . Washington . 20433 . The World Bank enjoys copyright under protocol 2 of the Universal Copyright Convention. This material may nonetheless be copied for research educational or scholarly purposes only in the member countries of The World Bank. Material in this series is subject to revision. The findings interpretations and conclusions expressed in this document are entirely those of the author s and should not be attributed in any manner to the World Bank to its affiliated organizations or the members of its Board of Executive Directors or the countries they represent. Internal Audit Finding its Place in Public Finance Management Cecilia Nordin Van Gansberghe 2005. 24 pages. Stock No. 37246 Contents Foreword v Acronyms vii Internal Audit Process 1 Internal Audit - a Little History 2 Modern Internal Audit 4 .