Presentation of the results of the internal audit, carried out within the Court of Accounts

The internal audit is an independent and objective activity that helps the entity to achieve its objectives, evaluating, through a systematic and methodical approach, the risk management, the control and governance processes of the entity, offering proposals to strengthen their effectiveness.

In this context, today, October 7, the internal auditor of the Court of Accounts of the Republic of Moldova (CoARM) presented the most important findings of the audit with the theme "Evaluation of the process of planning, carrying out and reporting the compliance audit".

During the closing session of the audit, the participants were informed about the overall objective of the audit, which was to assess the compliance of the compliance audit planning, execution and reporting process.

In the same way, the main aspects regarding the internal audit were presented, such as the major risks identified and evaluated, the area of ​​applicability of the audit, the audit approach and methodology, specific objectives, etc. Discussions focused, in particular, on topics related to audit findings and recommendations. The CoARM’s auditors appreciated the internal audit report, and the recommendations, which are to be implemented, will contribute to the consolidation and improvement of the quality of the compliance reports prepared by the CoARM.

We note that the internal audit activity was carried out according to the Annual Activity Plan of the Internal Audit Service of the Court of Accounts, which is developed based on the management's concerns, with the aim of determining the priorities of the internal audit activity according to the institutional objectives.

Round table on the international evaluation of the Court of Accounts

The Court of Accounts presented the results of the audits of the Ministry of Economy and the Ministry of Infrastructure and Regional Development to the Profile Committee