Internal Audit

Vision – Internal Audit Function

“To be an independent and respected function that actively supports the CWDM’s objectives by delivering high quality, results oriented, independent internal audit services that benefit our stakeholders by improving operations, increasing efficiency and reducing risk”.

Mission – Internal Audit Function

“Enhance and protect the CWDM’s value by providing risk- based, independent and objective assurance and advisory services to enhance the CWDM’s governance, risk management and internal control environment whilst upholding the core values of the CWDM. This is achieved through a risk-based approach, ensuring that the municipality’s operations, controls, and risk management processes are effective”. 

Purpose of Internal Audit Function

1. • IA is an independent, objective assurance and advisory activity, designed to add value and improve the organisation’s operations.
   • The purpose of the internal audit function is to strengthen the CWDM’s ability to create, protect, and sustain value by providing the Audit and Performance Committee (APC) and management with independent, risk-based, and objective assurance, advice, insight, and foresight.
   • The internal audit function enhances the CWDM’s:

1. • • Successful achievement of its objectives.
     • Governance, risk management, and control processes.
     • Decision-making and oversight.
     • Reputation and credibility with its stakeholders.
     • Ability to serve the public interest.

1. • CWDM’s internal audit function is most effective when:

1. • • Internal auditing is performed by competent professionals in conformance with The IIA’s Global Internal Audit Standards (Standards), which are set in the public interest.
     • The internal audit function is independently positioned with direct accountability to the APC.
     • Internal auditors are free from undue influence and committed to making objective assessments.

Authority of Internal Audit Unit

1. • Authority is granted by the Accounting Officer to Internal Audit for timely and unrestricted access to all the Municipality’s functions, data, records, information, personnel, and physical property relevant to the performance of an audit responsibilities or special investigation.
   • This privilege carries with it the responsibility on the Internal Audit Function to maintain the confidentiality and to safeguard records and information to which they have access.
      
     • The CAE is authorised to:

1. • • Have free and unrestricted access to the AO and the Chairperson of the APC or any other member of the APC.
     • Allocate resources, set frequencies, select subjects, determine scopes of work, apply techniques, and issue communications to accomplish the function’s objectives.
     • Obtain assistance from the necessary personnel and other specialised services from within or outside the CWDM to complete internal audit services.

Contact Us for More Information:

Sharon Green
Chief Internal Auditor
021 888 5301
sharon.green@capewinelands.gov.za