The internal audit team conducts regular reviews of the bank's operations, processes, and controls.

The internal audit function also ensures compliance with regulatory requirements and internal policies.

The internal auditors are independent and objective, providing unbiased assessments of the bank's operations.

These external auditors are appointed by the bank's shareholders or regulatory authorities.

The scope of the external audit goes beyond financial reporting and includes evaluating the bank's internal controls.

External auditors provide an independent opinion on the financial statements and internal controls.

Internal audit focuses on improving risk management, control, and governance processes within the bank.

External audit provides independent assurance on the bank's financial statements and internal controls.

Internal audit identifies internal control gaps and weaknesses for improvement.

External audit evaluates the accuracy and effectiveness of internal controls for external stakeholders.

External audit is conducted annually or as required by regulations.

External auditors provide a more objective opinion on the bank's operations.

Internal auditors focus on internal processes and governance specific to Nsia bank.

External auditors bring an external and broader perspective to the audit process.