The purpose of the Internal Audit Unit within Central University of Technology is to strengthen the Institution's ability to create, protect and sustain value by providing Senior Management (VCMC), the Audit and Risk Committee (ARC), Council and other stakeholders with independent, risk-based and objective assurance, advice, insight and foresight. The Internal Audit Unit has been established to enhance the Institution's:

• Successful achievement of strategic and operational objectives.
• Governance, Risk Management and Control processes.
• Decision-making and oversight.
• Reputation and credibility with its stakeholders.
• Ability to serve the public interest.

Authority of the Internal Audit Unit

The Internal Audit Unit is authorised by Council through ARC to:

1. Have free, full and unrestricted access to all divisions/sections/units/faculties, records (manual and electronic), systems, data, information, physical properties, financial, strategic and operational activities, Management, employees and all other information, including information, records and personnel of CUT’s subsidiaries, that is considered necessary to for the Internal Audit Unit to carry out its responsibilities. The access is subject to the accountability for confidentiality and proper safeguarding thereof, by the Internal Audit Unit. All employees including those of CUT’s subsidiaries are requested to assist the Internal Audit Unit in fulfilling its mandate and responsibilities.
2. To allocate resources, set frequencies, select subjects, determine the scope of work, apply techniques and issue communications required to accomplish the mandate and responsibilities of the Internal Audit Unit.   
3. To obtain assistance from specialized services within CUT or outside, to complete internal audit services.
4. To request and be provided with cooperation, pertinent supporting documentation, management comments and other information relating to the internal audit work that is being performed.

Types of services

The Internal Audit Unit provides assurance and advisory services to the institution. The services are defined on the approved Internal Audit Charter and on the Internal Audit Plan of Audit Engagements, which sets out the priorities of the Unit that are based on the Institution’s key risks, goals and objectives.