About Oando

Internal Audit and Control

Oando Internal Control and Audit Department is an independent unit in Oando Share Services. We provide unbiased, objective assessment of whether the company’s resources are responsibly and effectively managed to achieve intended results.

Our role is a cornerstone of good corporate governance and support
management and the board by providing independent, oversight, insight and foresight in the form of financial audit, operational audit, investigation, process review, control design and implementation as well as advisory services to the entire Oando group.

The Internal Audit Department performs a wide range of audit services including financial audits, compliance audits, operational audits, process/ control review and advisory services. We are currently developing our information technology audit capabilities.

• Financial Audits address questions regarding accounting and the
propriety of financial transactions.

• Compliance Audits determine the degree of adherence to laws,
regulations, policies, and procedures.

• Operational Audits review operating information and procedures to
determine if any modifications of the operations could result in greater
efficiency and effectiveness.

• Information Technology Audits evaluate system processing controls, data
security, physical security, systems development procedures,
contingency planning, and systems requirements.

• Advisory Services encompass a wide range of services, which allow the
company to utilize the Department’s expertise to address a known
problem or need.