The Ministry of Finance is responsible for establishing an Internal Audit Unit and an Audit Committee within the Government of Belize, aimed at promoting transparency and accountability in financial management.
The internal audit functions are designed to be independent and objective, offering both assurance and consulting services that add value and support continuous improvement across the activities of government ministries.
The primary objective of internal auditing is to enhance the effectiveness of government operations through a systematic, disciplined approach. This includes:
- Improving risk management and control processes,
- Strengthening governance structures, and
- Contributing to the prevention of fraudulent practices.
