Internal Auditing made simple byChili

Office
of the
Auditor
General

This presentation is protected by copyright laws.
No part of this publication may be reproduced, distributed, or transmitted in any form or by any means without my prior written permission.
© Chili Gallei, 2018
by Chili Gallei, 2018

Internal auditing is an independent, objective assurance
and consulting activity designed to add value and improve
an organisation’s operations. It helps an organisation
accomplish its objectives by bringing a systematic,
disciplined approach to evaluate and improve the
effectiveness of risk management, control and governance
processes.
The Office of the Auditor General (OAG), Asian Development
Bank‘s (ADB) internal audit function provides independent and
objective audit and advisory services designed to add value
and improve ADB operations.
OAG provides assurance to the President and the Audit
Committee of the Board that ADB‘s financial and operational
controls designed to manage risks and achieve ADB‘s
development objectives are operating in an efficient and
effective manner.
OAG assists Management and the ACB by bringing a systematic
and disciplined approach to evaluate and improve the
effectiveness of risk management, control and governance
processes in ADB.

Anyone can make
simple complicated.
Internal auditing is
trying to make the
complicated
simple.

Most of us are
visual learners.
Some of us are
auditor learners
– we learn by
hearing.

A good auditor
never makes
mistrakes.

Auditing is a
cornerstone of
good governance.

Governments lie;
bankers lie;
even auditors
sometimes lie:
gold tells the
truth.
William Rees-Mogg

The auditor is a
watchdog and
not a bloodhound.
Lord Justice
Comprehensive
risk analysis
prevents future
headache.
Smart risk intelligence
can identify potential
business growth
opportunities.
Auditing is a
cornerstone
of good
governance.

Some of us are
auditor learners
– we learn
by hearing.
Anyone can make
simple complicated.
Internal auditing is
trying to make the
complicated simple.
With
internal auditing,
risks that at first
glance may seem
unforeseen, can in
fact be foreseen.
We need to
understand the
psychology of risk
more than the
mathematics of risk.

Comprehensive
risk analysis
prevents
future
headache.

An effective public
sector audit activity
strengthens
governance by
materially increasing
citizens’ ability to
hold their public
sector entity
accountable.

Smart risk
intelligence
can identify
potential
business
growth
opportunities.

The auditor is a watchdog and not a a bloodhound.
Lord Justice
Lord Justice

With
internal auditing,
risks
that at first glance
may seem
unforeseen, can in
fact be foreseen.

We need to
understand the
psychology of risk
more than the
mathematics of risk.

This presentation is protected by copyright laws.
No part of this publication may be reproduced, distributed, or transmitted in any form or by any means without my prior written permission.
© Chili Gallei, 2018