Arab Today, arab today mof to enhance internal audit practices
Last Updated : GMT 14:19:06
Arab Today, arab today
Arab Today, arab today

MoF to enhance internal audit practices

Arab Today, arab today

Arab Today, arab today MoF to enhance internal audit practices

Abu Dhabi - Arabstoday

The Ministry of Finance (MoF) held a workshop at its headquarters in Abu Dhabi recently to enhance the activities of internal audit offices in federal ministries. The workshop held in order to continue developing their systems according to best international practices and standards. The workshop was based on Ministry of Finance’s keenness to raise the level of internal auditing in ministries, as per Federal Law No. (8) for the year 2011 concerning the rules on preparing annual budgets and final accounts. It also reflects the Ministerial Council for Services’ decision No. (5/G2/23) for the year 2012. The workshop clarified the concept of internal auditing as a regulatory, affirmative and advisory activity, which works objectively and independently to achieve the best advisory and supervisory value for Ministry of Finance. Thus, Internal auditing will help Ministry of Finance achieve its goals through a disciplined mechanism that works on assessing and improving the effectiveness of risk management systems, internal control operations and mechanisms of control and governance to aid divisions and administrations in implementing all applied policies. It also supports the objective assessments of the ministry’s business and activity risk levels, and analyses the likelihood of their exposure to it. The Ministry of Finance’s workshop explained methods of preparing annual audit plans and final accounts. In addition, it provided mechanisms for developing appropriate recommendations and for monitoring their implementation by relevant departments, which would help in achieving strategic objectives. Ahmed Mahmoud Al Hammadi, Assistant Undersecretary for Joint Internal Audit, commenced the workshop by pointing out the importance of internal auditing and its role in reinforcing internal supervision in federal agencies. Al Hammadi also stressed on the importance of raising the efficiency of employees in this field through providing knowledge tools that are in accordance with the best global standards in the field of Internal Audit. Moreover, Al Hammadi emphasised Ministry of Finance’s commitment to continuing to hold these workshops on internal audit, in co-ordination with various ministries and federal authorities, reflecting their essential role in achieving the strategic objectives of the UAE government. In line with efforts to strengthen partnerships between the UAE and the Republic of Montenegro to promote investments between both countries and to provide protection from all non-commercial risks; the Ministry of Finance (MoF) last week signed two agreements.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today mof to enhance internal audit practices Arab Today, arab today mof to enhance internal audit practices

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today mof to enhance internal audit practices Arab Today, arab today mof to enhance internal audit practices

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel police detain 15 over campaign

GMT 14:19 2017 Monday ,23 October

Israel police detain 15 over campaign
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday