This diploma work deals with the manner in which the internal auditor should communicate the results of their engagement findings to other departments within the organization. This diploma work deals with to whom the internal auditor should disclose certain facts and how to choose the appropriate form of audit reports in order to give their addressees best possibility to point to these audit findings and create follow-up with an effective remedy for the irregularities found.

Bank failures during recent years continue to cause stakeholders to question how board and senior management are overseeing and managing Operational Risk. This research evaluated the use of Operational Risk tools by South African banks who have adopted Advanced Measurement Approach (AMA) for management and calculation of Operational Risk capital, based on the Basel II requirements (Bank for International Settlements, 2006). The research was conducted under the assumption that when Operational Risk tools are adopted and used as prescribed by the Basel II Framework, it will lead to enhanced risk management practices and allow banks to identify emerging risks where controls can be designed to mitigate risks from materialising. This study was conducted using a quantitative method – the survey was sent to Operational Risk managers in the main segments of 3 South African AMA banks (ABSA, FIRSTRAND and NEDBANK), and senior managers in the group Operational Risk departments. The study found that Operational Risk tools are used and have been implemented as per Basel II requirements even though there are minor gaps. These tools have also been integrated in day-to-day processes; however there are some improvements required when it comes to a full integration and the use of the tools in the decision making processes. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted

nÃo hà / A partir de dados dos sistemas corporativos E-controle e Sistema Folha de Pagamento dos servidores pÃblicos do estado do Cearà e dos relatÃrios de auditoria de gestÃo elaborados pela Controladoria e Ouvidoria Geral do Estado no perÃodo de 2008 a 2011, este estudo desenvolveu modelos que permitiram estimar a probabilidade de ocorrÃncia de irregularidades e recomendaÃÃes de auditorias nos ÃrgÃos pÃblicos do Estado do CearÃ. As estimaÃÃes dos modelos de variÃveis dependentes binÃrias permitiram concluir que cerca de 31% das auditorias realizadas apresentaram irregularidades acima da mÃdia, conquanto em 35% destas auditorias foram verificadas recomendaÃÃes acima da mÃdia. A eficiÃncia nos empenhos e o orÃamento executado por servidor do ÃrgÃo analisado influenciam a reduÃÃo do nÃmero de irregularidades conquanto o valor executado por meio de convÃnios està relacionado ao aumento do nÃmero de constataÃÃes e recomendaÃÃes de auditoria. / From corporate data E-control systems and Payroll System for civil servants of the state of Cearà and Management Audit Reports prepared by the Controladoria e Ouvidoria Geral do Estado in the period 2008-2011, this study developed models that allowed estimate the probability of occurrence of irregularities and audit recommendations in public units of the State of CearÃ. The estimates of the models for binary dependent variables showed that about 31% of audits showed irregularities above average, although in 35% of these audits recommendations above average were observed. The efficiency in commitments and in executed budget by the server of the public unit influence the reduction of the detected irregularities while the value executed by voluntary transfer of resources are related to increases in the number of audit findings and recommendations.