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Directorate for Public Governance

Internal Control and Audit

 

Internal control refers to the processes used to ensure that operations are efficient, effective and in line with established laws and policy objectives.

It ensures that the incidence of loss, waste and fraud are minimised.

Internal control processes aim to balance risk with cost to improve the likelihood of meeting policy objectives.  

A sound internal control system is built on a risk-based approach. 

In some countries, internal control is centralised in the form of a specialised institution, which is independent from those that they monitor. In others, ministries manage internal control in a decentralised way. In these countries, internal control is an integrated but independent part of the administration.

 

OECD AUDITORS ALLIANCE


The Auditors Alliance is a unique forum for public sector internal and external auditors to share insights and expertise on their audit practices.


 
internal control and audit report cover

INTERNAL CONTROL AND INTERNAL AUDIT: ENSURING PUBLIC SECTOR INTEGRITY AND ACCOUNTABILITY

 

The issues presented in this report build upon an OECD survey on internal control, internal audit, and integrity conducted in 2010.

 

 

 

COUNTRY/REGIONAL REPORTS


OECD WORK ON INTERNAL CONTROL SYSTEMS

The OECD is working with public institutions responsible for internal control and external audit to strengthen their ability to support accountability and performance of the public sector in their country. It also works with professional organisations in the field of control, audit and accounting. 

The OECD is increasingly working with country-level institutions and international stakeholders involved in the area internal control, including internal audit and risk management. Enabling dialogues and internal control arrangements will improve the likelihood of government will meet its objectives, reduce waste and balance risks appropriately.

 

EVENTS

RISK MANAGEMENT

Risk management consists of the policies, processes, and actions for identifying, analysing and responding to risks of fraud, corruption, waste and abuse.

 

 

EXTERNAL AUDIT

External audit functions, or Supreme Audit Institutions, hold governments accountable for how they spend public money, and provide insights and foresights about value-for-money and systemic risks.

 

PUBLIC INTEGRITY

Public integrity refers to the consistent alignment of, and adherence to, shared ethical values, principles and norms for upholding and prioritising the public interest over private interests in the public sector.

 

For more information, contact the Public Sector Integrity Divison: GOVintegrity@oecd.org