Page 15 - REVISED PPP

It shall be an integral part of the organization to assist management in

the effective discharge of its responsibilities insofar as the same would not

encroach on or be adversarial with the Commission on Audit (COA). It shall
function in accordance with the policies established by the provisions of

Republic Act 3456, as amended by Republic Act 4177, with primary

responsibilities encompassing the examination and evaluation of the
adequacy and effectiveness of internal audit control and the quality of

performance. The internal audit shall:

a) ascertain the reliability and integrity of financial and operational
information and the means to identify, measure, classify and report

information;

b) ascertain the extent of compliance and review the established

Quality Management System (QMS) to ensure compliance with government
policies, plans and procedures, laws and regulations which affect operations;

c) ascertain that the extent to which the assets and other resources of

the institutions are accounted for and safeguarded from losses of all kinds;
d) review and evaluate the soundness, adequacy and application of

accounting, financial and other control measures that are most effective at

reasonable cost;

e) review operations on programs to ascertain that results are
consistent with established goals and objectives s and are carried out as

planned;

f) evaluate and recommend corrective actions on observe operational
deficiencies;

g) The IAS may be called upon to perform special assignments by the

Head of Agency. However, it shall not be responsible or required to

participate in procedures that are essentially part of regular operating
activities. The IAS shall be detached from all routinary functions such as the

following: