ECB Audit ESCB Audit

We conducted our audit in accordance with International Standards of Auditing .

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

Auditing

We conducted our audit in accordance with International Standards on Auditing .

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

Included are management auditing

The large nebula of the audit

W 27.1 .

Banknotes

Internal Audit

Internal Audit

We conducted our audit in accordance with International Standards of Auditing .

Banknotes ( Directorate )

Currency Management

Internal audit 7 .

Internal Audit ( Directorate )

Audit Missions

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

Lynis auditing tool

Article 27 Auditing

Annual accounts and auditing

D Internal Audit

During the year the Directorate Internal Audit also focused on reviewing the security of information systems under development or already in operation .

Responsibilities D IA performs audit engagements as specified in the ECB audit plan as approved by the Executive Board .

TARGET Audit Group

Article 27 Auditing 27.1 .

e ) coordinates the interaction of the ECB with the European Court of Auditors , the external auditors , other auditing bodies and the audit community

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

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 ) .

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 .

5 The ESCB audit policy was established by the Governing Council in order to ensure audit coverage for joint projects and joint operational systems at the ESCB level .

Accounting , reporting and auditing

Security auditing tool (root)

Directorate Internal Audit Klaus Gressenbauer Directorate General Information Systems Hans Gert Penzel Deputy François Laurent

Directorate Internal Audit Klaus Gressenbauer

Directorate Internal Audit Michèle Caparello

ECB Opinion on the public audit of Lietuvos bankas

The Court 's audit of the operational efficiency of the European Central

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 .

At the more advanced OT auditing levels, Scientologists perform solo auditing sessions, acting as their own auditors.

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 .

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

Independently from the control structure and risk monitoring of the ECB , audit missions are performed by the Directorate Internal Audit under the responsibility of the Executive Board .