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Make available to stakeholders basic reference laws on Public Financial Management (PFM) and Internal Auditing. Provide Guidelines, Templates and Documents What the Government Internal Audit Agency does. Our people provide objective insight so that central government can achieve better outcomes and value for money internal auditing standards [5]. • authority levels over scope, access and safeguarding information. • internal audit's independence and objectivity. MDAs. This IAM has been developed in conformity with the Internal Audit Agency Act, relevant regulations and requirements of the International Professional INTERNAL AUDIT AGENCY ACT, 2003 ACT 658 · 1. Establishment of Internal Audit Agency. · 2. Object of the Agency. · 3. Functions of the Agency. · 4. Governing body of The Internal Audit Agency Act, 2003 Act 658 (IAA); Internal Standards for the professional practice of internal auditing; International Financial Reporting heads of autonomous agencies). Internal Auditors must use their judgment when interpreting the standards and making conclusions with respect to theBackground · The Agency shall ensure that. financial, managerial and operating information reported internally and externally is accurate, reliable and timely; The Government Internal Audit Agency (GIAA) has come a long way since it was formed in 2015. In the first three years our priority was building firm foundations.