Internal Audit Objectives
The audit objectives of the Internal Audit Office of the City of El Paso are founded on the annual audit plan. The annual audit plan is derived from the City of El Paso Internal Audit Charter and the annual audit plan identifies risks in the areas of:
The Internal Audit Office’s role is further defined in the Institute of Internal Auditors definition of internal auditing:
Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Audit objectives are accomplished in accordance with the Institute of Internal Auditor's (IIA) Code of Ethics, the International Standards for the Professional Practice of Internal Auditing, and when applicable Generally Accepted Governmental Audit Standards, as well as, Generally Applicable and Accepted Information Systems Audit & Control Association Information Technology Control Practice Standards including Control Objectives for Information and Related Technology (CoBIT). Accordingly, within the framework of the City Internal Audit Charter we bring a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and the governance processes.