This unit has two sections, Information System Audit and Financial and Operations Audit and has been objectively established to provide assurance and advisory services to the Accounting Officer in the proper management of Resources. The Internal Audit functions entails in giving assurance on risk management, control processes and governance processes, both carried out in accordance with the ORCI Risk Management framework, Internal Audit Charter, Annual Audit Plan, International Audit Standards and internal audit best practices. The unit is headed by Chief internal Audit and carries out the following functions:

1. To advise the management on matters related to internal financial control,
2. review and report on proper control over the receipt, custody and utilization of all financial resources of the Institute,
3. review and report on conformity with financial and operational procedures for control over the expenditure of the Institute,
4. review and report on the correct classification and allocation of revenue and expenditure accounts,
5. develop audit procedures to facilitate compliance with international standards, review and report on the reliability and integrity of financial and operation data
6. prepare financial statements and other related reports,
7. review and report on the systems in place used to safeguard assets,
8. verify existence of such assets, review and report on operations or programs to ascertain whether results are consistent with established objectives and goals,
9. review and report on the reactions by the management to internal audit, external audit and other external evaluation reports and to assist management in the implementation of recommendations,
10. review and report on the adequacy of controls built into computerized systems in place,
11. provide assurance and consulting services on risk management and governance processes,
12. prepare charters for the internal audit activity and audit committee; and
13. to prepare the strategic audit plan