The Internal Audit Department is guided by the International Standards for the Professional Practice of Internal Auditing of the Institute Of Internal Auditors
To enhance and protect organizational value by providing risk-based assurance, advice, and insight.
The Integrity of Internal Audit staff establishes trust and thus provides the basis for reliance on our judgement.
The office exhibits the highest level of professional objectivity in gathering, evaluating, and communicating information about the activity or process being examined.
We apply the knowledge, skills, and experience needed in the performance of internal audit activities.
Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It is a process involved in helping an organisation achieve its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Modern audit takes a risk-based approach: it involves high-level risk profiling of the audit portfolio over time, based on the International Standards for the Professional Practice of Internal Auditing.
It facilitates strategic use of scarce audit resources, aligns audit efforts with management objectives, facilitates institutional development, and reduces exposure to risk by focusing attention on areas of weakness.
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