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No FAQs published for selected category.
What is the role of the Audit Commission?
The main role of this independent body is to ensure the continued effectiveness of audit committees by promoting best practices in audit committees’ operation and monitoring their performance against the GOJ Audit Committee Policy
What is the purpose of the Audit Committee?
To assist management in fulfilling its oversight responsibilites in financial reporting, internal control, risk management and governance systems.
Audit Committee
What is the role of the Audit Commission?
The main role of this independent body is to ensure the continued effectiveness of audit committees by promoting best practices in audit committees’ operation and monitoring their performance against the GOJ Audit Committee Policy
What is the purpose of the Audit Committee?
To assist management in fulfilling its oversight responsibilites in financial reporting, internal control, risk management and governance systems.
Will I need to remember my Member ID Number to log in?
No, all you need to remember is your user name and password to log into GIAC.
Why should I register?
Once registered, you immediately can access publications such as the auditing standards and guidelines, MOFP and OSC circulars; participate in our CPD quizzes and use our discussion forum.
Who should be interested in GIAC?
Internal Auditors within Goverment Ministries, Departments, Executive Agencies and other Public Bodies
What is GIAC?
The acronym for Government of Jamaica Internal Auditors’ Community. It is a website created by the Ministry of Finance & the Public Service to foster greater collaboration and dissemination of information among GOJ internal auditors.
GIAC
Will I need to remember my Member ID Number to log in?
No, all you need to remember is your user name and password to log into GIAC.
Why should I register?
Once registered, you immediately can access publications such as the auditing standards and guidelines, MOFP and OSC circulars; participate in our CPD quizzes and use our discussion forum.
Who should be interested in GIAC?
Internal Auditors within Goverment Ministries, Departments, Executive Agencies and other Public Bodies
What is GIAC?
The acronym for Government of Jamaica Internal Auditors’ Community. It is a website created by the Ministry of Finance & the Public Service to foster greater collaboration and dissemination of information among GOJ internal auditors.
Why should an organization have internal auditors?
Internal auditors assist management in fulfilling their responsibilities by bringing a systematic disciplined approach to assessing the effectiveness of the design and execution of the system of internal controls, risk management and governance processes towards achieving the organisation’s goals.
What is Internal Auditing?
An independent objective assurance and consulting activity designed to add value and improve an organisation’s operations. It helps an organisation accomplish its objectives bby bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. (IIA Definition)
Are Government Internal Auditors required to adhere to any audit standards?
Yes. In 2003, the Ministry of Finance & the Public Service adopted the Institute of Internal Auditors Code of Ethics and Professional Standards. Consequently, all GOJ Internal Auditors and their respective Units must comply with these Standards.
Internal Audit
Why should an organization have internal auditors?
Internal auditors assist management in fulfilling their responsibilities by bringing a systematic disciplined approach to assessing the effectiveness of the design and execution of the system of internal controls, risk management and governance processes towards achieving the organisation’s goals.
What is Internal Auditing?
An independent objective assurance and consulting activity designed to add value and improve an organisation’s operations. It helps an organisation accomplish its objectives bby bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. (IIA Definition)
Are Government Internal Auditors required to adhere to any audit standards?
Yes. In 2003, the Ministry of Finance & the Public Service adopted the Institute of Internal Auditors Code of Ethics and Professional Standards. Consequently, all GOJ Internal Auditors and their respective Units must comply with these Standards.
What is the IAD?
The Internal Audit Directorate is a unit within the Public Expenditure Policy Division of the Ministry of Finance and the Public Service(MOFP), responsible for establishing and promulgating internal audit standards and policies; providing training and technical assistance; and the promoting the upgrade of the knowledge and skills within the government Internal Audit Community.
Internal Audit Directorate
What is the IAD?
The Internal Audit Directorate is a unit within the Public Expenditure Policy Division of the Ministry of Finance and the Public Service(MOFP), responsible for establishing and promulgating internal audit standards and policies; providing training and technical assistance; and the promoting the upgrade of the knowledge and skills within the government Internal Audit Community.