We are here to assist all levels of management in assuring internal and external parties that the financial resources are being properly managed and accounted for, and that the institution is complying with the applicable policies and laws. Internal Auditing covers a broad range of activities including: testing transactions for compliance with accepted business practices; reviews of internal control; establishing rules and regulations; and operational audits which involve reviews directed towards improving efficiency and cost savings. This internal audit charter was approved at the November 30, 2006 Audit Committee meeting.