OFFENCES AND PENALTIES IN THE INTERNAL AUDIT ACTIVITY

Abstract

The purpose of the paper is to present the offences and penalties that can be instituted as a result of actions performed by the internal audit. On the other hand, we sought to highlight the mechanisms used for the ascertainment of offences and the establishment of the corresponding penalties. For this purpose, we started from the basic concepts related to the offence and penalty problems in the internal audit missions and we continued with their application at practical level in the accomplishment of an actual audit mission. We also tried to highlight the role and place of the offence and of the penalty respectively in the process of exercising the internal audit activity, and also the finality at the level of entities and persons responsible for the improper exercise of the designated actions.

Keywords

• internal audit
• offence
• penalty