The Internal Audit Department functions:
- Preparing the annual audit plan based on the Authority's risks, submitting it to the chairman for approval, and preparing reports on the results of the audit.
- Monitoring the extent of compliance with the implementation of laws, regulations and decisions regulating the work of the Authority.
- Reviewing financial instructions, proposing necessary amendments, and monitoring their implementation.
- Monitoring financial and accounting transactions, payment vouchers, and registration procedures in accounting records, and ensuring the application of approved rules in this regard.
- Monitoring administrative work and procedures for hiring, leaves, promotions, and other employee-related matters, and verifying compliance with laws, regulations, and organizational decisions in this regard.
- Evaluating financial and administrative audit-related risks, and propose measures to mitigate them.
- Monitoring the required corrective actions from relevant administrative units based on audit results, and prepare periodic reports about them.
- Ensuring the integrity of funds, assets, furniture, tools, buildings, and other entities owned or supervised by the authority.
- Participating in regular and surprise inventory checks on warehouses and assets, ensuring accurate record keeping, and validating the implementation of proper procedures.
- Monitoring employees' compliance with official dress code, audit identified financial and administrative violations, and preparing audit reports regarding these findings.
- Following up on the results of regulatory authorities' reports and providing appropriate recommendations accordingly.