Office of Internal Audit Services
The Office of Internal Audit Services (IAS) provides independent, objective assurance and advisory services designed to add value and improve the CPUC's operations. The Chief Internal Auditor reports to the Commissioners, through the Audit Committee, and under general direction of the President.
Services Provided
- Assurance - the core role of Internal Audit
- Financial, operational, compliance, and information technology risk-based audits.
- Monitoring of remediation plans and follow up audits.
- Advisory
- Advise management on change initiatives, control effectiveness, enhancements to risk management and the design of assurance mechanisms.
- Special management reviews and investigations of alleged noncompliance, fraud, waste, and abuse.
- Anticipating and assessing risks
- Assist business owners in understanding risks and in crafting preventive mitigating controls.
- Assess Audit Risks and develop Internal Audit Plan.
Other Links
- Government Code sections 13885 to 13888 - Internal Audits
- Public Utilities Code Section 307.6 - Chief Internal Auditor, CPUC's chief audit executive
- State Administrative Manual Section 20040 - Internal Audit Organizations
- International Standards for the Professional Practice of Internal Auditing
Leadership
Chief Internal Auditor
Julie Munekawa