INTERNAL AUDITOR’S REPORT RISK AND CONTROL ASSESSMENT SCDOT FUEL CARD ACTIVITY

Abstract

The objective of this assessment was to contribute to the improvement of risk management by evaluating SCDOT’s exposure to risks and the controls designed by Management to manage those risks. Our review included two aspects: Facilitation of Management’s assessment of risks and controls for providing reasonable assurance that significant risks have been identified and that controls are adequately designed to manage risk to an acceptable level, and Tests of internal controls over significant risks to determine whether the controls are operating effectively.