|
The Bank realised some time ago that there
was a need to constantly monitor and improve the way it carries out its
functions. While the Bank's Corporate Plan does this in a broad scale
way, and also provides feedback from stakeholders and other interested
people, there is a need for more consistent review of operations at the
more detailed level.
This work is undertaken by the Internal
Audit Department. The Department does not carry out traditional audits,
"checking the books", which is done twice a year by the Bank's external
auditor. It undertakes "management audits", checking procedures and the
way work is carried out to ensure that the Bank remians an efficient
operation doing its work in the best possible way. |
