EU Institutions and Fora EU Neighbouring Regions International Policy Analysis and Emerging Economies Divisions Audit Missions Audit Services Divisions IT Management Functions IT Operations and Support

ECB Audit ESCB Audit

Audit Missions Audit Services Divisions

EU Institutions and Fora EU Neighbouring Regions International Policy Analysis Divisions Audit Missions Audit Services Divisions IT Management Functions IT Operations and Support Directorate IT Projects Magi Clavé

ECB Audit ESCB Audit Executive Board 1 2

The Directorate Internal Audit provides independent and objective assurance and consulting services designed to improve the ECB 's operations .

The mandate of the Directorate Internal Audit is defined in the ECB Audit Charter .

The mandate of the Directorate Internal Audit is defined in the ECB Audit Charter .

The Directorate Internal Audit performs audit missions under the responsibility of the Executive Board .

Internal Audit

Audit Missions

Audit Services

Internal Audit

Internal Audit

Audit Missions

Audit Services

Internal Audit

Chairmanship of the ECB Audit Committee

The large nebula of the audit

So we audit.

Internal Audit ( Directorate )

TARGET Audit Group

Internal Audit ( Directorate )

Internal audit 7 .

Internal Audit ( Directorate )

D Internal Audit

Internal Audit The Directorate Internal Audit reports directly to the Executive Board .

Relationship with the ECB Audit Committee To provide assistance to the Governing Council , the Audit Committee receives the audit reports of D IA and of the Internal Auditors Committee ( IAC ) .

11 Internal audit activities Internal audit activities are twofold purely internal and ESCB related .

Corporate Governance Creation of an ECB Audit Committee

In the first area , the aim is to support the gradual implementation of the Basel II framework in Russian banking supervision , while in the field of internal audit , support is provided with regard to risk based internal audit , IT audit and the audit of foreign exchange reserve management .

Article 11 Audit rules Audit assessments shall be performed in accordance with the principles and arrangements set out in the Governing Council 's ESCB Audit Policy .

Directorate Internal Audit Klaus Gressenbauer

Directorate Internal Audit Michèle Caparello

b ) implements the ECB audit plan by planning and performing audit engagements , investigations and consultancy assignments

( ii ) the audit of the State Audit Office is limited to the management , usage and disposal of real estate , equipment and capital of Lietuvos bankas

ECB Opinion on the public audit of Lietuvos bankas

ECB AUDIT CHARTER ( effective as of 31 July 2007 )

INTERNAL CONTROL LAYERS In 2003 the ECB 's internal audit continued to perform audit missions under the responsibility of the Executive Board .

Moreover , the Audit Committee reports to the Governing Council and gives an opinion on the performance of the ECB 's internal audit function and on the activities of the IAC in compliance with the Eurosystem 's audit policy .

The Director Internal Audit , within the framework of this Charter , defines the operational principles for the performance of D IA in an Internal Audit Manual .

Web Application Attack and Audit Framework

Restricted procedure for external audit services

Directorate Internal Audit 2 Michèle Caparello

In the context of the Internal Auditors Committee ( IAC ) , which is the successor to the TARGET Audit Group ( TAG ) and is composed of representatives of the ECB and the NCBs Internal Audit functions , audit programmes and audit standards are defined jointly and are used in a decentralised manner for the review of ESCB wide common infrastructures .