(The 8th ordinary meeting of the Government of the people of the Autonomous Region of Mongolia, held on 16 November 2010, considered the publication of the Government Order No. 177 of 26 November 2010 of the People's Government of the Mongolian Autonomous Region, effective 1 January 2011)

Chapter I General

Article 1 provides for the regulation of internal audit, the maintenance of the financial economic order, the promotion of good governance, the safeguarding of the development of national economic and social health, the development of this approach, in line with the National Court of Human Rights Audit Act and the relevant national laws, regulations and regulations.

The internal audit referred to in this approach refers to the fact that the unit's internal audit body independently inspects the accounting vouchers, accounting books, financial accounting reports, and other information and assets relating to the income and expenditure, and monitors its authentic, legal and effectiveness.

Article 3 conducts internal audit work in the State organs, business units, social groups and other organizations within the administrative areas of the self-government area.

Article IV. Governments of more people at the flag district level should strengthen the leadership of internal audit. The above-mentioned audit body at the flag district level is responsible for guiding and monitoring internal audit work within its jurisdiction.

More than the administrative authorities at the flag district level are leading, directing, overseeing and overseeing the internal audit of the industry and the system, within their mandate.

Article 5 Internal audit bodies operate under the direct authority of the principal head of the unit or the authority.

The main head or authority of the unit should ensure that the internal audit body or personnel perform their duties in accordance with the law and are responsible for internal audit reports, the authenticity, legitimacy and integrity of internal audit decisions.

The Institute of Internal Auditors is a self-registered organization of the internal audit industry, a legal person of the social group, and conducts business self-regulatory management in accordance with the relevant national regulations and regulations.

The units carrying out audit work under the law may participate in the Association of Internal Auditors. The audit body could enhance operational guidance and oversight of internal audit work through the Association of Internal Auditors.

Chapter II

The following Article 7 units should establish an independent internal audit body equipped with internal audit personnel adapted to the operation of the unit:

(i) The executive branch of the self-government zone, which is administered with the following vertical areas of self-government;

(ii) The size of the budget and non-levant revenue collection, or the higher number of national administrative bodies and utilities;

(iii) National capital of local financial institutions that make up the status of the Unit or lead;

(iv) Upholding companies;

(v) Large-scale enterprises where State capital accounts for the position of the Unit or lead;

(vi) Government investment and government-led construction units;

(vii) Manage social groups and other organizations with a higher level of public funding;

(viii) Other units provided for by law, regulations.

Units other than the preceding paragraph may be subject to the establishment of an internal audit body or internal audit staff, or to the commission of an audit by the social audit body.

Article 1, paragraph 1, subparagraphs (ii), (vii) of this article provides for a greater or higher number of specific criteria for sub-offices, which are developed by the self-government audit bodies with the financial, institutional and development sectors. Large-scale enterprise standards are implemented in accordance with the criteria for the size of national enterprises.

Article 8. Financial institutions for the establishment of an independent internal audit body, top-level companies, and medium-sized enterprises should be equipped with the overall auditor.

Requirements for the performance of duties by internal audit bodies should be included in the budget of the Unit.

Article 10. Internal audit personnel should have the expertise and operational capacity required for internal auditing and receive regular training and continuous education in internal audit positions, which should be supported and guaranteed.

Article 11. The heads of internal audit bodies shall have the following conditions:

(i) To be eligible for higher-level auditor qualifications or other professional technical functions related to higher levels;

(ii) Conduct over three years of audit, accounting or related work.

The heads of internal audit bodies affiliated with national organs may not be eligible for the professional technical functions set out in paragraph (i) above.

Article 12. Internal audit personnel shall be subject to occupational norms, conservative secrets, faithfully, and independent, objective and impartial.

In accordance with article 13, internal audit personnel are subject to legal protection under the law and are not denied by the auditing units and individuals to hamper the independent implementation of the audit by internal auditors.

Article 14. Internal audit personnel shall not be part of the financial management and other operational functions and shall not be involved in the internal audit work of the original operations.

Article 15. Internal audit personnel shall be subject to the provisions of the National People's Republic of China's audit law enforcement regulations relating to the avoidance.

Chapter III

Article 16

(i) An audit of the income and expenditure of this unit and its affiliated units, the income and expenditure, assets, liabilities, the rights and interests of all;

(ii) Audit of investment projects for this unit and its affiliated units;

(iii) An audit of the performance of the economic responsibility of the principal heads of institutions and units within this unit;

(iv) Review and evaluation of the operation and effectiveness of this unit and its affiliated units;

(v) Review and assess the soundness and effectiveness of internal controls and risk management for this unit and its affiliated units;

(vi) Conduct specific audit surveys;

(vii) To receive reports of violations of the State's income and expenditure, and to be processed in a timely manner in accordance with the law;

(viii) Reports on internal audit reports should be submitted annually to the principal heads of this unit or authority;

(ix) Timely presentation of annual internal audit findings and audit statements to audit bodies;

(x) Other matters requested by national audit bodies and principal heads of units or authority;

(xi) Other responsibilities under law, regulations.

Article 17

(i) Requested that the auditor provide, in a timely manner, real and complete production, operation, financial and balance-of-payment plans, budgets, accounts, tender information, economic contracts, statistical statements, summary of the meetings and other relevant documents, information and that the auditor's head should make a written commitment to the authenticity and integrity of the information provided by this unit;

(ii) Participation in or representation at major investment, asset disposal, income and expenditure, financial income and expenditure, budget, accounts and other major operational decision-making meetings;

(iii) Inspection of the accounting voucher, accounting books, financial accounting reports and systems for the use of electronic computer-based management finance, income and expenditure electronic data, as well as other information and assets related to the income and expenditure, financial payments;

(iv) To investigate, enquire and obtain evidence to relevant units and individuals on issues related to audit matters;

(v) To put an end to and report on the principal heads of this unit or authority in a timely manner to ongoing violations of laws, regulations, regulations or other relevant provisions, as well as acts that may result in serious losses;

(vi) Information relating to possible diversion, concealment, alteration, destruction of accounts, accounting books, financial accounting reports and economic activities, which may be provisionally deposited with the principal head of the unit or the authority of the Authority;

(vii) Recommend recommendations on violations of laws, regulations, or other relevant provisions, as well as acts that may result in serious loss waste, the provision of comments on the disposition or accountability and the improvement of management and efficiency;

(viii) Upon approval by the principal head of the unit or the authority of the Authority, to communicate or publish the results of the audit, except as otherwise provided by law, legislation and regulations;

(ix) To make recommendations for recognition and incentives for strict compliance with the regulations, economic benefits are significant and contributions to prominent groups and individuals;

(x) Participation in the selection of relevant social intermediaries or professionals and review and assess the quality of their work;

(xi) Other competences provided for by law, regulations.

The Internal Audit Office conducts internal audit and requires access to the accounts of financial institutions by the auditor or evidence that the auditor is stored on behalf of the individual, and that the auditor shall cooperate with the search and provide the material.

The principal head or authority of the unit of article 19 shall be delegated to the internal audit body within the scope of the authority to communicate, responsibly, to the extent of the authority of the administration, to deal with, inter alia, in accordance with the law and to the extent to which the funds are seized and to the extent to which the internal regulations are violated.

Chapter IV Audit procedures

Article 20 should be administered by an internal audit agency. The annual audit project plan shall be presented after the approval of the principal head of the unit or the authority.

In accordance with the annual audit project plan, the internal audit body consists of the audit team to carry out the audit. The members of the Audit Group shall not be less than two.

Article 2 should investigate the relevant circumstances of the audited unit and prepare audit programmes, which are carried out with the approval of the internal audit body.

The internal audit body shall send a letter of internal audit to the auditor until three work is carried out. In exceptional cases, an audit may be carried out directly by the principal head of the unit or by the authority.

In accordance with the audit programme, the Audit Group shall apply a professional technical methodology to obtain audit evidence through legal procedures.

The auditing evidence shall be signed by the auditor or by the supplier of the evidence. The auditor shall indicate the reasons and date.

The subject matter of the audit was contested by the auditor, and the audit team should be verified and, if necessary, should be replicated.

Article 24 Prior to the internal audit report submitted by the audit team to the internal audit body, the opinion of the subject matter of the audit should be sought in writing. The subject of the audit should be submitted in writing within ten working days from the date of receipt of the internal audit report of the audit team; no written observations were made in ten working days without objection.

The audit team shall further verify the circumstances and make the necessary changes to the internal audit reports of the audit team, together with the written observations of the auditor.

Article 25 Internal audit bodies shall consider the internal audit reports of the audit team and written observations of the subject of the audit, after the approval of the principal head of the unit or the authority of the Authority, in accordance with the following provisions:

(i) The internal audit of this unit;

(ii) Internal audit decisions in violation of the financial and income and expenditure provisions of the State and this unit;

(iii) Views on the treatment and internal punishment of the principal head of the unit or the authority of the institution should be held accountable under the law.

Article 26 is one of the following cases, and internal audit bodies should make internal audit decisions:

(i) Unpaid and unpaid taxes;

(ii) Restatement or concealment of assets, income and profits;

(iii) Revenue, misappropriation, exclusion of budgetary funds and earmarked funds;

(iv) No accounting books or private accounting books are established by law;

(v) Preparation of false financial accounting reports;

(vi) Incestation, incest costs and costs, outposting expenditures;

(vii) Disturbing or causing loss of State assets;

(viii) Violations of instruments and cash management provisions;

(ix) Other circumstances that violate the laws, regulations and regulations.

Article 27 Internal audit bodies should send the internal audit reports and audit decisions of this unit to the subject of the audit. Internal audit decisions have been taken effective from the arrival of the auditor.

Article 28 is subject to internal audit decisions and reports on implementation to internal audit bodies within the prescribed time frame, by the principal head of the internal audit body or authority.

The subject of the audit was challenged by the audit decision and could apply for review or submission to the principal head of the unit or to an internal audit body at the parent level within 15 working days from the date of the internal audit decision to be delivered and, in accordance with the internal management system of the unit.

The execution of internal audit decisions is not discontinued during the review or the complaint.

Article 29, where necessary, may conduct follow-up audits to check the implementation of internal audit decisions by the auditor and submit a follow-up internal audit report to the principal head of the unit or authority.

The results of the audit of the internal audit body should be used as an important basis in the conduct of the objective of the nuclear economy, the payment of awards, the dismissal of the unit and the head of the agency.

The results of internal audit can be used by national audit bodies and relevant administrative authorities in their work.

Article 32 should establish a sound internal audit archives management system and maintain information on internal audit files in accordance with the relevant provisions.

Chapter V Legal responsibility

Article 33 is administered by an auditor or by a person in one of the following cases, by law, against the head of the direct manager or the person directly responsible; constitutes an offence and is criminalized by law:

(i) A refusal to provide, delay the provision or to report documents, information relating to audit matters;

(ii) Denial, obstruction of inspection;

(iii) Transfer, concealment of assets held in violation of State provisions;

(iv) Transfer, concealment, alteration, destruction of accounting vouchers, accounting books, financial accounting reports, and other documents, information relating to the income and expenditure of finance;

(v) To reject the implementation of internal audit decisions;

(vi) Other violations of laws, regulations and regulations.

Article 34 of the National Audit Office found that the internal audit reports of State-owned units were inappropriate or unlawful and should be responsible for the change of their duration.

Article 35: Internal audit personnel have one of the following cases and are subject to administrative disposition by law; constitutes an offence and are criminally prosecuted by law:

(i) It should be avoided without a request for evasion;

(ii) Disclosure of State secrets or commercial secrets;

(iii) Concluding problems identified by the audit or making false internal audit reports, internal audit decisions;

(iv) The use of power to favour private fraud, toys negligence or to cause economic losses by an auditor;

(v) Other violations of laws, regulations and regulations.

Article XVI: The principal head of the unit or the relevant responsibilities of the Authority shall be treated by the competent organ in accordance with the law; constitute a crime and hold criminal responsibility under the law:

(i) Combat, revenge, fall in internal audit personnel or reporters;

(ii) Applicate, refer to, powerful internal audit bodies or internal audit personnel who violate the internal audit reports prescribed by law, regulations;

(iii) To refrain from promptly halting or putting an end to the significant harm and losses that are undermining the interests of States and units;

(iv) Other violations of laws, regulations and regulations.

Annex VI

The main head of the unit referred to in this approach is the statutory representative of the executive head of the State administration and other legal organizations.

This approach refers to the body of legal organizations that exercise the right to decision-making under the law.

The internal audit of units other than those provided for in Article 3 of this approach may be carried out in the light of this approach.

Article 39 of this approach is implemented effective 1 January 2011.