(1) Internal auditing is considered to be an impartial and independent evaluation inside the university which helps the Higher Administration inspect and evaluate the activities of the different UQU departments. In addition, it is a supervisory method which measures the efficiency of different administrations by reviewing the administrative and financial information reflected by the records. This is implemented in the most appropriate manner with regard to the objectives, policies, systems, procedures, and laws in order to ensure effective supervision to achieve the UQU general objectives.
(2) The Internal Auditing Department helps the higher administrative entities carry out their responsibilities effectively by undertaking the following tasks:
- Inspecting and evaluating the efficiency and effectiveness of the internal auditing systems applicable in the university.
- Offering the relevant suitable, sufficient, and useful information to all the administrative and higher entities by providing them with analyses, assessments, and recommendations, which help enhance effective surveillance and improve performance for a reasonable cost.
- Providing information which helps ensure the following:
- Reliability and soundness of the information issued by or reported to the administrative entity.
- Conformity with the different objectives, policies, plans, procedures, bylaws, and regulations.
- Preservation of the assets.
- Economic and efficient use of the available resources.
- Fulfillment of the set objectives.
- Performance development and utilization of the feedback.