Institute of Internal Auditors hold second general meeting

The Institute of Internal Auditors (IIA) Sierra Leone Chapter held its second General Meeting on Saturday 6th August 2011 at the Sam Bangura Building Bank of Sierra Leone in Freetown.
IIA was established to enhance the professional development of internal Audit practitioners in Sierra Leone consistent with principles of sound corporate practice, financial and ethical discipline in organizations.
The meeting chaired by Mrs. K.R. Saccoh, Director Internal Audit Department Bank of Sierra Leone attracted participants from the public and private sector, and also in attendance were Mr. Leslie Johnson of FJP and veteran Lawyer, Bank and Chartered Accountant Mr. Melvin Tucker.
Addressing participants on the theme “ The independence and Challenges of Internal Auditors ” Mr. Chrispin B. Deigh Managing Director Sierra Leone Commercial bank highlighted the problems and challenges facing Internal Auditors in Sierra Leone.
Internal Auditors he said are the “watch dog” for the Management and Board of any organization. Management he said should “rely on them for the assurance of quality internal control and a robust assistance in Enterprise Risk Management”. External Auditors he continued, “rely on them to complement their work in providing assurance to shareholders and regulators”
Mrs. Saccoh also emphasized the need for Management and Board to guarantee and protect the independence of Internal Auditors, to ensure that they operated in a “threat free environment” with adequate tools to fight the challenges of fraud and other corrupt practices. Internal Auditors she warned should be committed to their work, selfless, and impartial.
The meeting ended with the election of Mrs. Saccoh as the Chairperson of the organizations for two years, Mr Moses Bangura as Secretary and Mr. Tommy Banister as assistant secretary.