Effectiveness of Internal Control and Risk Management Central functions for internal control and internal audit

Coverage of central functions to implement internal control and internal audit.

Review of the mandate and specific duties of the central government body responsible for co-ordinating and monitoring implementation of internal control (IC) and internal audit (IA) activities. This is often described as the central harmonisation function or the central harmonisation unit (CHU). If a CHU is not in place, the central but separate government (executive branch) functions for internal control and internal audit are analysed. Criteria 2 and 3 are automatically fulfilled if criterion 1 is fulfilled. Criteria 5 and 6 are automatically fulfilled if criterion 4 is fulfilled. Criteria 8 and 9 are automatically fulfilled if criterion 7 is fulfilled. The criteria below are based on COSO 2013 IC-IF, IIA IPPF standards 2017, INTOSAI GOV 9100, and 9130 and the EU PIC model.

Subindicators fulfilled per country

One central government body (CHU) develops the IC and IA systems.

A central function develops the IC system.

A central function develops the IA system.

The CHU promotes IC and IA methodologies based on international standards.

A central function promotes IC methodologies based on international standards.

A central function promotes IA methodologies based on international standards.

The CHU has conducted a government-wide review on the IC and IA systems, annually during the last 3 years.

The central function has conducted a government-wide review of the IC system, annually during the last 3 years.

The central function has conducted a government-wide review of the IA system, annually during the last 3 years.

The CHU or the central IA function coordinates the training and certification system to ensure the inclusion of new IA staff and continuous professional education.

Guidelines on assessing integrity risks have been issued within the last 5 years by the CHU or the central function for IC to all public sector institutions implementing IC.