Internal Audit's Journey to Conformance
Our journey toward conformance with the 2024 Global Internal Audit Standards reflects our commitment to excellence, transparency, and continuous improvement. This video highlights how we are strengthening our processes, people, and performance to meet the highest professional standards in internal auditing.
Purpose
The purpose of Internal Audit is to strengthen City of Brampton's ability to create, protect, and sustain value by providing the Audit Committee and management with independent, risk-based, and objective assurance, advice, insight, and foresight.
Authority
The Internal Audit's authority is created by its direct reporting relationship to the Audit Committee. Such authority allows for unrestricted access to the Audit Committee.
The Audit Committee authorizes Internal Audit to:
- have full and unrestricted access to all functions, data, records, information, physical property, and personnel pertinent to carrying out internal audit responsibilities
- allocate resources, set audit priorities, determine scopes of work, choose methods, and communicate results
- obtain assistance from City staff and secure specialized services from inside or outside the City as required
- audit any City department, special interest group, third party (through right-to-audit clauses), or City-related board
- manage the City's Ethics Hotline and coordinate all fraud investigations activities within City Departments and related Boards, and update the Audit Committee quarterly on the activities related to the Ethics Hotline
Strategy
The 2024-2026 Internal Audit Strategy encompasses our vision, mission and strategic objectives and outlines supporting initiatives to set a clear path for the future. It represents our commitment to excellence and aligns with Brampton’s long-term vision for a vibrant, inclusive and sustainable City.
