Article 15. Competence of the Internal Audit Service of the Law on State Audit and Financial Control

Home / RLA / Article 15. Competence of the Internal Audit Service of the Law on State Audit and Financial Control

Internal Audit Service:

1) participates in the audit of the financial statements of the state body, which includes this internal audit service, conducted by the authorized body for internal state audit, coordinated with the first head of the central state body, akim of the region, the city of republican significance, the capital;

2) conducts an efficiency audit:

in a government agency, its departments, territorial divisions, and subordinate organizations in all areas of their activities – for the internal audit services of central government agencies, with the exception of the internal Audit service of the National Bank of the Republic of Kazakhstan and the authorized body for regulation, control, and supervision of the financial market and financial organizations.;

in executive bodies funded from local budgets and located in the territory of the administrative subordination of the relevant region, city of republican significance, capital, their divisions, subordinate organizations in all areas of their activities – for the internal audit services of local executive bodies of regions, cities of republican significance, capital;

3) evaluates the functioning of the internal control and management system based on the risk management system of internal processes (business processes):

in a government agency, its departments, territorial divisions, and subordinate organizations – for the internal audit services of central government agencies, with the exception of the internal Audit service of the National Bank of the Republic of Kazakhstan and the authorized body for regulation, control, and supervision of the financial market and financial organizations;

in executive bodies funded from local budgets and located in the territory of the administrative subordination of the relevant region, city of republican significance, capital, their divisions, subordinate organizations – for internal audit services of local executive bodies of regions, cities of republican significance, capital;

 4) analyzes the achievement of the goals and objectives of the development plan of the state body, region, city of republican significance, capital in relation to budget expenditures;

4-1) carries out an inspection of the safety of republican and municipal assets and property;

5) conducts a compliance audit:

in executive bodies funded from local budgets and located in the territory of the administrative subordination of the relevant region, city of republican significance, capital, their divisions, subordinate organizations – for internal audit services of local executive bodies of regions, cities of republican significance, capital;

6) conducts an audit of the compliance of public procurement procedures and the execution of contract terms, including the timing, volume, price, quantity and quality of purchased goods, works, services;

7) carries out an inspection of the safety of inventories and other assets in the relevant state body;

8) hears relevant information from officials of state audit facilities on issues related to the conduct of internal state audit;

9) submits to the head of the state body a report on the results of the internal state audit with recommendations on the suppression and prevention of violations in the use of funds from the republican and (or) local budgets in accordance with the legislation of the Republic of Kazakhstan, to eliminate identified deficiencies, improve the effectiveness of internal processes of organizing the activities of the state body;

10) quarterly sends reports and information on the conducted state audit and the measures taken to the authorized body for internal state audit;

11) monitors the implementation of annual work plans for the head of the central government agency or akim of the region, the city of republican significance, the capital;

12) annually reports to the head of the central state body or akim of the region, the city of republican significance, the capital, as well as to the authorized body for internal state audit on the work done.;

13) performs data analysis of information systems:

in a government agency, its departments, territorial divisions, and subordinate organizations – for the internal audit services of central government agencies;

in executive bodies funded from local budgets and located in the territory of the administrative subordination of the relevant region, city of republican significance, capital, their divisions and subordinate organizations – for internal audit services of local executive bodies of regions, cities of republican significance, capital.

The internal audit services conduct an unscheduled state audit on behalf of the first head of the central state body, akim of the region, city of republican significance, capital, if the relevant facilities are not included in the list of state audit facilities of the Supreme Audit Chamber, audit commissions and the authorized body for internal state audit.

The Law of the Republic of Kazakhstan dated November 12, 2015 No. 392-V SAM.

This Law regulates public relations related to state audit and financial control, defines the powers and organization of the activities of state audit and financial control bodies.

President

Republic of Kazakhstan

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