INTERNAL AUDIT DEPARTMENT

The Internal Audit Department of the Federal Ministry of Finance is responsible for the comprehensive and continuous audit of the Accounts, records and other resources of the Ministry, ensuring compliance with extant rules and regulation in their administration.

The Department is also responsible for the establishment and maintenance of an adequate and efficient internal control system covering the acquisition, custody and utilization of the Ministry’s resources. Our activities for the year under review include: Inspection and appraisal of the accounting system in operation in the establishment to ascertain its adequacy and effectiveness. Vouching the cash book with the receipts and payments vouchers on a continuous basis. Verifying cash and other assets of the Ministry; Examination and checking of the following books of Accounts, Vote Books, Personnel Emolument Records (IPPIS), Nominal Roll, Trial Balance.