The Internal Audit Bureau has been providing internal audit services to Government of Northwest Territories (GNWT) departments since the late 1970’s. The primary focus of audits in the early years was financial. Today, the Internal Audit Bureau provides assurance and consulting internal audit services in governance framework, risk management and internal controls in accordance with Institute of Internal Auditors Standards.
The Internal Audit Bureau provides an independent, objective assurance and consulting services to all GNWT Departments to help improve the Government's operations. The Internal Audit Bureau provides value added service that brings a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, internal controls, and governance processes.
The Internal Audit Bureau governance operates under:
Government of Northwest Territories, Audit Committee - FAM 1105
Internal Audit Bureau Charter – FAM 1106
The Internal Audit Bureau follows the internal auditing standards established by the Institute of Internal Auditors.
The Internal Audit Bureau is a founding member of the Government Internal Auditors Council of Canada, dedicated to the ongoing strengthening of internal auditing in the Federal, Provincial, and Territorial Governments of Canada.
The mandate of IAB is distinct from the Office of the Auditor General of Canada (OAG) mandate. The OAG conducts an attest audit on the Public Accounts and Performance Audits on various aspects of the GNWT operations pursuant to the NWT Act. These reports are tabled at the Legislative Assembly. On a regular basis, IAB holds discussions with the OAG to reduce duplication of audit coverage. On occasion, the IAB Bureau will perform specific audit tests to support the OAG work.
For additional information about the Internal Audit Bureau and its services or if you wish to report a conflict of interest as per GNWT Code of Conduct, paragraph 93, please contact us by email at email@example.com or by telephone (867) 767-9175, extension 15216.