Internal Audit provides a consolidated service covering assurance, advisory and investigations to support Management and the Executive Board by providing independent and objective assessments of risk management strategies, management control framework and governance processes across the operations of the Foundation.

Internal Audit focuses on assessing whether governance, risk management and control processes provide reasonable assurance that:

• significant financial, managerial, and operating information is accurate, reliable, and timely;
• resources are acquired economically and used efficiently; assets are safeguarded;
• actions of the Foundation are in compliance with policies, procedures, contracts, and applicable laws and regulations; and,
• Significant programs, plans, and business objectives are being achieved.