1. The modern role of internal auditing in government Rob Newsome African Regional Director

2. 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.

3. Global Changes and Trends Global & organizational change Technological innovation Legislative imperatives Privatization in emerging economies Client’s changing expectations Risk Management

4. How is the audit profession changing in Africa? Independence becoming more important Focus and scope will expand further into governance and risk Expanded expertise Pre audits disappearing Audit of management activity

5. Internal auditing and the global financial architecture Established role in IFAC Public sector internal auditing previously not considered, but…. IIA actively involved with INTOSAI IIA actively involved in IFAC public sector initiatives INTOSAI now active in IFAC Public sector internal auditing now internationally acknowledged

6. Risk Management Governance E-Business Privacy Technology Environmental, Health & Safety External Auditor Independence Issues Fraud, Money Laundering Outsourcing / Co- sourcing Current Critical Issues

7. Future Trends for Internal Auditors Increased competency levels Stronger than average computer skills More in-depth understanding of the business Certifications

8. What can Internal Auditors Continue to do? Comply with the Professional Standards Obtain professionally recognized qualifications Embrace modern risk & control frameworks Focus on the management of risks Continue to educate and coach management on the importance of managing and controlling risks

9. The Institute of Internal Auditors Mission Statement To be the primary international professional association, organized on a worldwide basis, dedicated to the promotion and development of the practice of Internal Auditing

10. The IIA Motto Progress Through Sharing

11. The IIA 1990 Membership = 39000 2003 Membership = over 84000 49% in North America and Caribbean 51% in other countries Approximately 250 IIA Chapters and National Institutes worldwide located in more than 100 countries

12. The IIA in Africa Algeria Botswana Cameroon Egypt Ethiopia Ghana Mali Morocco Nairobi Nigeria Senegal South Africa Tunisia Zambia Zimbabwe

13. IIA Africa Initiatives Interaction with public sector associations e.g. ESAAG Involvement with the Pan African Consultative Forum on Corporate Governance Regional Training seminars Establishing Regional Secretariat

14. IIA and the Public Sector in South Africa- an example of co-operation. Public Finance and Management Act (PFMA) requirement for internal audit functions to comply with IIA Standards. Linking IPFA and IIA activities with special interest groups for public sector internal auditors.

15. IIA and the Public Sector in South Africa- an example of co-operation – continued… Specific director position on the IIA-SA Board for the public sector. Development of public sector training courses. Providing professional representation to government officials on matters impacting on internal audit.

16. IIA Influencing the Profession Professional Practices Framework Global Certification Control Models Critical Infrastructure Protection Risk Management Various Research Projects Collaboration and representation

17. Certified Internal Auditor (CIA®) Designation is recognized and accepted worldwide. The CIA® has been in existence for more than 27 years More than 42000 internal auditors hold this designation The CIA ® is provided in 12 languages

18. Some IIA Contacts for Africa Zimbabwe Ms. Portia John PO Box 6170 Harare ZIMBABWE Business no: 263 780265 Email: iiazim@mweb.co.zwiiazim@mweb.co.zw Zambia Mr. Hamish Isaac Chipungu, CIA Bank of Zambia PO Box 30080 Lusaka ZAMBIA Business no: (260) 122-7206 Fax no.: (260) 122-1781 Email: chipungu@ivillage.com Ethiopia Mr. Wolderuphael W. Giorgis PO Box 26887 Addis Ababa ETHIOPIA Business no.: (251) 171-1277 202 Fax no.: (251) 171-1912 Email: amidroc@telecom.net.et amidroc@telecom.net.et Kenya Rev. Philip Julius Opwora Makokha Government of Kenya PO Box 8605 Nairobi 00100 KENYA Phone no.: 254 2 318 967 Fax no.: 254 2 336 545 Email: revmakokha@yahoo.com Malawi (#295) Mr. Macfussy Michael Kawawa National Bank Of Malawi PO Box 945 Blantyre MALAWI Business no.: 265 624022 Fax no.: 265 624548 Email : natoris@sdnp.org.mwnatoris@sdnp.org.mw

19. Some IIA Contacts for Africa Regional Director Africa. Rob Newsome 4 Kerry Road Parkview 2193 Johannesburg SOUTH AFRICA Business no.: 27 83 222 5970 Fax no.: 27 11 301 8484 E-mail: newsom_r@mtn.co.za Sylvia Boyd Assistant Vice President, Global Development The Institute of Internal Auditors 247 Maitland Avenue Altamonte Springs, Florida 32701- 4201, USA Tel: +1-407-937 1374 Fax: +1-407-937 1101 Email: sboyd@theiia.org Web site: www.theiia.org