Internal audit: finding its place in public finance management

摘要: For centuries, internal audit was a simple administrative procedure of checking documents, counting assets, and reporting on past events to various types management. Several forces in our times have led quiet revolution audit. Democracy requires government be accountable its use public money providing effective, efficient, economical service delivery. Ever larger more complex systems require greater competencies, thus has had become ever professional. Sheer size also brings with it the need assess risk, deploying scarce resources most logical manner address those risks.