Risk Based Internal Audit Planning

All audit work must be properly planned and approved. The Head of Internal Audit is responsible   for preparing  a flexible risk based annual internal audit plan for review and approval.by the Audit Committee. The Head of Internal Audit is also responsible  for Implementation of the audit plan as approved, including  where appropriate  any special tasks or projects requested by Management and the Audit committee.

The Head of Internal Audit is required to seek Audit Committee approval to defer or amend  the approved internal audit plan