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. Š 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 The auditor auditor is isaawatchdog watchdogand andnot notaabloodhound. 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. Š Chili Gallei, 2018