The Internal Audit team in the Ministry of Finance provides independent, objective, reasonable assurance and consulting services designed to add value and improve our governments operations. The team investigate all suspected losses in relation to public funds, undertake irregularity investigations and report directly to the PS of Finance. The Internal Audit team are able to investigate all government agencies and ministries.

• The Internal Audit team’s specific functions include: 
• Strengthen the control systems within Government bodies. 
• Form an opinion on the extent to which institutional setup is consistent with the mission and function of the individual Ministry 
• Examine the administration and technical systems and relate these to the functions of the Ministry 
• Identify adjustments, revisions and additions to systems and recommend as appropriate 
• Assess human resources to establish existing technical capacity and relate this to expected output and recommend remedial measures 
• Assess adequacy and effective use of modern equipment, tools and instruments. 
• Enforce proper control mechanisms so as to minimize incidents of fraud 
• Eliminate weaknesses in internal controls and develop procedures  
  - Ensure that public funds are being used properly and the organisation’s network risk management, control and governance processes as designed and represented by management are adequate, by checking the financial and operational procedures 
• Assist in the review of Financial Instructions to bring it in line with Government policies and changing economic and financial environment 
• Bring to the attention of Ministries/Departments the requirements of the financial regulations to ensure no flagrant violations of procedures 
• Provide a centre of expertise available for consultation in all financial systems and control matters