Internal Audit Division was established in April 1993 and placed in the Treasurer's Office. In June 1996 the Internal Audit Division was transferred to the Office of the Vice-Chancellor and directly accountable to the Vice-Chancellor.
Establishment was in line with the General Circular No. 2, 1979 (replaced by General Circular No. 3, Year 1998). Division function was to assist management in operational planning and control by making the assessment, analysis, recommendations and provide an independent view through the audit report. These are performed by assessing the risks faced, evaluate and improve internal controls, recommend improvements and determine the effectiveness of a function and University rules and regulations adopted and complied with the government.
Internal auditing is an independent, objective assurance and consulting activity designed to add value to 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.