Region of Peel Recognized By Institute of Internal Auditors
BRAMPTON, ON. (Feb. 18, 2010) – In a presentation held Feb. 11 at Audit Committee, the Region of Peel’s Internal Audit Division was recognized by the Institute of Internal Auditors (IIA) for successfully completing an independent external quality assessment.
“As an organization, the Region strives to remain on the forefront of best practices,” said Regional Chair Emil Kolb. “Receiving this award is a reflection of our commitment to achieving and maintaining top-quality internal audit activity, and demonstrates our diligence and accountability to Peel taxpayers.”
The Region of Peel’s internal audit activities were acknowledged by the IIA for conforming to the International Standards for the Professional Practice of Internal Auditing. The Audit Committee was evaluated on its compliance with international standards and its demonstrated value to the organization. An internal audit activity must obtain an external assessment at minimum every five years by an independent reviewer or review team to be in conformance with the Standards.
“By completing the 2009 Quality Assessment Review, we document the Region’s commitment to quality, successful practices and professionalism,” said Regional Councillor Richard Whitehead, Chair of the Region’s Audit Committee. “We will continue to raise the bar for our internal audit activities to ensure transparency in our work for all Peel residents.”
Established in 1941, the IIA is an international professional association of more than 150,000 members. Throughout the world, the IIA is recognized as the internal audit profession’s leader in certification, education, research and technical guidance.
The Regional Municipality of Peel was incorporated in 1974 on the principle that certain community and infrastructure services are most cost-effectively administered over a larger geographic area. The Region of Peel serves more than one million residents in the Cities of Brampton and Mississauga and the Town of Caledon.
For more information on the Region of Peel, please call 905-791-7800, or visit www.peelregion.ca.