19 May 2010
An accounting industry body has released a draft statement of principles aimed at raising the profile of internal auditors in public institutions.
The Chartered Institute of Public Finance and Accountancy (CIPFA) today released a draft statement which aimes to provide clarity around the role of internal audit.
Steve Freer, CIPFA Chief Executive said:
“The challenge for leaders and decision makers is not only to make cuts but also to design and deliver a new, well managed organisation which retains the capacity and capability to provide great services, albeit from a reduced resource base.”
Further reading: CIPFA moves to boost public service internal audit
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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