Internal Audit and Control Department
An effective regulatory tool for achieving integrity and preserving public funds
The Internal Audit and Control Department is one of the institute’s most vital units. It serves as the primary mechanism through which the administration achieves effective self-regulation over all institute activities across various departments. It monitors plans and their execution, identifies deviations, and works on finding appropriate solutions.
Department Objectives
- Auditing the application of laws and regulations in all financial and administrative actions across all departments and units.
- Tightening control over financial resources and revenues generated for the institute’s accounting units.
- Evaluating the extent of compliance by various formations with effective decisions and laws to ensure the preservation of public funds.
- Developing audit plans and programs to rationalize expenditures and protect public funds from manipulation and embezzlement.
Department Tasks
- Auditing financial matters before and after expenditure, as well as administrative and inventory auditing.
- Verifying the safety of the institute’s assets and their optimal use through supervising the inventory of assets and warehouses.
- Ensuring the implementation of effective laws and instructions and developing them to keep pace with the institute’s operations.
- Coordinating internal audit work with the Federal Board of Supreme Audit and the University Center.
- Verifying financial obligations resulting from contracts and agreements and the extent of compliance with their terms.
- Comprehensive auditing of all expenditures, salaries, advances, and deposits (Budget, Higher Education Fund, Evening Studies, Advisory Office).