Internal Audit Charter

The Office of Internal Audit is a permanent function in the CEB’s internal control system. It provides the Governor with independent, objective advice designed to improve the operations of the CEB.

As the “third line of defence”, Internal Audit helps the CEB accomplish its objectives by using a systematic analysis to evaluate the quality and effectiveness of risk management, control and governance processes.

Internal Audit must remain impartial and unbiased and so does not take part in any of the CEB’s business activities.

An Internal Audit Charter articulates the purpose and the standing of the Internal Audit function. Internal Audit adheres to all mandatory elements of The Institute of Internal Auditors’ International Professional Practices Framework (see www.theiia.org).

©CEB 2025