Internal Audit

Mission

To assist the organization in achieving its objectives, acting in a collateral, objective, and advisory capacity, by evaluating the internal control systems, risk management, and management processes that are applied.

Vision

Remain as the objective auditing and advisory function established to add value and help the organization meet its objectives.

General objective

Provide constructive advisory and protective services to the CFIA and its member associations by reviewing and evaluating the adequacy and effectiveness of the internal control system and its effectiveness in achieving its objectives. These include the reliability and integrity of financial and operational information, compliance with policies, plans, procedures, rules, and regulations, and the safeguarding of assets.

General objectives

• Ensure the proper administration of funds from the annually approved budget.
• Effectiveness and timeliness in audit studies
• Inputs for process correction
• Identification of opportunities for improvement
• Identify opportunities for solving problems that arise in the daily implementation of control activities.