Home   |   News    |   Contact Us   |   FAQ  
Major Links
About Nsiwc
1 Management Information
1 Administration
1 Compensation
1 Productivity, Prices & Incomes
1 Finance & Accounts
1 Evaluation & Grading
1 Internal Audit
1 Legal
Press and Protocol
latest events
News Archives
Print PagePrint This Page

Internal Audit is a continuous and independent process of verification and review carried out by staff exclusively engaged on this work in an MDA or any other organization.
 The Unit report its’ activities to top management to reflect the following:

  1. The accuracy, reliability, cost of maintenance and usefulness of the entity’s recording, accounting and control procedures;
  2. The efficiency and effectiveness with which the Commission carries on its operations;
  3. The adequacy of its procedures ;
  4. The extent of compliance with laid down procedures; and
  5. The scope for taking remedial action.

Internal Audit is therefore, an independent appraisal activity within the Commission for the review of operations as a service to management.  It is a management control which functions by measuring and evaluating the effectiveness of other controls.




The Internal Audit Unit of the Commission has the responsibility to review, examine, evaluate and report on:

    • The soundness, adequacy and application of internal control;
    • The extent of compliance of the activities of the organization to the established frame-work of internal control;
    • The extent to which the organization’s assets are accounted for and safeguarded from losses from;
    • Fraud and other irregularities,
    • Waste, extravagance, inefficiency and other abuses
    • The economy, efficiency and effectiveness of the operations of the Commission; and
    • The accuracy and integrity of the accounting and management information generated within the Commission.

    To enable the Internal Audit fulfill the responsibilities set out above, it shall operate with independence. To achieve this:

      • The Head of the Internal Audit has direct access to the Accounting Officer as well as all the Directors or other Departmental Heads.
      • The Internal Audit is independent of all financial systems operating within the Commission and is not  involved in any of its processes
      • The Head of the Internal Audit has the right of reporting, unedited and under his own signature directly to the Accounting Officer.




The unit’s existing organogram makes provisions for two key officers as follows:

  • Mr. J.S Arum as Head of the Unit.       and
  • Senior Accountant position occupied by Miss Patricia Okafor.




1. Mr. Mr. J.S Arum: .   ()



    • Preparation of Annual Audit Programme.
    • Preparation of Audit Guide
    • Initiating appropriate policies that enables the efficient and effective operation of the Unit.
    • Attending to management and other ad-hoc meetings on behalf of the Unit.
    • Prompt rendition of statutory and management reports- monthly, quarterly, half-yearly and yearly reports.
    • Liaising with Office of the Accountant-General of the Federation for update from time to time on policy issues relating to Internal Audit.
    • Initiating investigation into issues relating to criminal misappropriation and other gross financial mismanagement.
    • Other duties that may be assigned from time to time by management.



Privacy Policy | NSIWC Email | FAQs
© 2016 NSIWC. All Rights Reserved