Press release to the draft Order of the Minister of Finance of the Republic of Kazakhstan dated April 20, 2018 No. 480 "On approval of the procedural standard of internal State audit and financial control "Assessment of the effectiveness of internal audit services"

The Ministry of Finance has developed a draft order of the Minister of Finance of the Republic of Kazakhstan "On Amendments and additions to the Order of the Acting Minister of Finance of the Republic of Kazakhstan dated April 20, 2018 No. 480 "On approval of the procedural standard of Internal State Audit and Financial Control "Assessment of the effectiveness of internal audit services".

This draft order defines:

conducting an assessment of the activities of the IAS in a planned manner;

setting the deadlines for sending the Authorized Body to the IAS for familiarization with the results of the assessment of the IAS activities according to the results of the first half of the year no later than July 20, according to the results of the second half of the year no later January 20;

changing the scores for the assessment;

addition of the order with a new form "Comparative evaluation table by areas and criteria for evaluating the activities of internal audit services".