There are two types of audit - internal and external.
An internal audit is an independent and objective appraisal function for reviewing an organisation’s system of internal control. It examines, evaluates and reports on the adequacy of internal control to the Chief Finance Officer and Assistant Chief Officer and the Audit Advisory Committee.
The external auditors must satisfy themselves that:
- The accounts are prepared in accordance with the relevant regulations
- They comply with the requirements of all other statutory provisions applicable to the accounts
- Proper practice has been observed in compilation of the accounts
- The Commissioner and Chief Constable made proper arrangements for securing economy, efficiency and effectiveness.