EVOLUTION OF PUBLIC INTERNAL AUDIT IN ROMANIA

Abstract

In Romania’s institutions, the internal audit was introduced through the provisions of the Government Ordinance no. 119/1999 which stipulates that this is an activity independently organized under direct subordination of the entity’s manager, that analyses and inspects the internal control system, in order to objectively evaluate if this system supports the achievement of the organization’s objectives in an efficient, effective and economic way and reports to the management its findings, weaknesses identified and measures issued in order to correct the deficiencies and to improve the internal control system. Things changed over time and nowadays, according to the provisions of the Law no. 672/2002 the public internal audit is a functionally independent and objective activity that provides assurance and consulting, conceived to improve the activity of the public institution; it helps the organization to accomplish its objectives by a systematic and methodical approach meant to assess and improve the effectiveness, and efficiency of risk management, of control and governance processes.

Keywords

• audit public intern
• compartiment de audit public intern
• comitetul pentru audit public intern
• unitatea centrală de armonizare pentru auditul public intern
• comitete de audit intern