B04.008.2024 Hiring capacity to execute the Internal Auditor Function

To properly deploy audit resources - it is important to identify the risks the Contracting Authority faces in achieving its ambition and goals - including financial - strategic - compliance and IT-related risks - and how those risks can be effectively managed. That understanding then forms the basis for risk-based internal audit planning. Those audits are used to further strengthen business operations. The importance of controlled operations is even more relevant given the Contracting Authority’s public mission and the fact that the Contracting Authority invests with public money. Demonstrably functioning internal control increases the trust that direct stakeholders specifically and society in general will have in the Contracting Authority. This safeguards the Contracting Authority's license to operate. As a third-line function within the governance model - ...