News
The Ministry of Environmental Protection and Agriculture of Georgia held a working meeting with representatives from the Ministry of Finance of the Republic of Azerbaijan.
During the meeting, the Internal Audit Department shared with the Azerbaijani delegation the existing practices and experience of internal audit activities within the Ministry system. Moreover, the Georgian side presented the organizational structure, functions, and main areas of activity of the Internal Audit Department, including risk-based audit planning principles, audit methodologies, and the standards applied.
The Azerbaijani delegation received information on the institutional development of the internal audit system, including ensuring organizational independence, developing internal audit regulations and strategic development documents, implementing quality assurance and improvement programs, fulfilling requirements related to external assessments, and approaches to effective internal audit management.
The parties also discussed the role of internal audit in improving the Ministry’s management processes and the practice of monitoring the implementation of audit recommendations.
As mentioned, the current meeting will contribute to further strengthening professional cooperation between the two countries and facilitate the exchange of experience in the development of internal audit and internal control systems.