Overview
The establishment of the Internal Audit Unit in Ministries, Provinces and other Spending Agencies (MPSAs) is in line with the Public Finance Act No.1 of 2018 enacted by Parliament of the Republic of Zambia, repealing the Finance Act No. 15 of 2004. Internal Audit is an independent appraisal Unit in the Ministry that reports functionally and administratively to the Permanent Secretary (Controlling Office). The Unit is headed by the Principal Internal Auditor.
Functions
The functions of the Unit include:
(i) To determine the accuracy of financial transactions;
(ii) To determine the level of compliance with Government policies, laws, contracts and procedures;
(iii) To evaluate financial and operational systems/processes for effectiveness and adequacy of internal controls and provide advice and guidance o control aspects of new policies, systems and procedures;
(iv) To verify the existence of Government assets and recommend improvements to management to ensure that proper safeguards are maintained to protect them from loss and possible fraud;
(v) To provide advisory service to Controlling and Accounting Officers; and
(vi) To provide internal audit reports to the Ministerial Audit Committee.
Cabinet Office
P/Bag RW 17X,
Independence Avenue, Lusaka, Zambia.
Tel: +260 211 238 385
Email: def.sec@grz.gov.zm
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