The Internal Audit Department was established on January 1, 2001. The Hanover County Code, Chapter 2 Article VI. Sec. 2-76) establishes the appointment of the Internal Auditor Director and his/her responsibilities. The code is documented here.
The Board of Supervisors annually approves the Internal Audit Department’s Audit Policy. Each fiscal year, the Audit Policy is revised if necessary and submitted to the Finance and Management Services Department for submission as part of the upcoming fiscal year budget and financial policies. The approved Audit Policy includes the county’s external auditors and Internal Audit Department.
The Audit Policy provides for the independence of the Internal Audit Department by dictating that the department reports functionally to the Finance Committee of the Board of Supervisors and administratively to the Deputy County Administrator. The Finance Committee also approves the department’s annual audit plan and assists in the evaluation of the performance of the Internal Audit Director.
The Audit Policy is included in the County’s Financial Policy.
- Develop, implement and execute an annual Internal Audit Plan adopted by the Board of Supervisors
- Evaluate risk environments and systems of internal controls
- Follow-up on prior internal audit recommendations and provide departmental assistance
- Perform special projects to support Board initiatives and assist County Administration
- Coordinate regional and external audit services
- Meet Internal Audit performance measurement goals
- Perform audits in accordance with Generally Accepted Government Auditing Standards (GAGAS)