Audit Advisory Division

What is Internal Auditing?

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.

Treasury Audit Advisory Division

Audit Advisory performs an independent appraisal function throughout the Isle of Man Government by examining, evaluating and reporting on the adequacy of internal controls and providing assurance to Chief Executive Officers of their organisation's systems of control. Amongst its other responsibilities the Division is also responsible for maintaining Treasury’s Financial Regulations.