Internal audit of british petroleum

It should be planned and established on the basis of the risk assessment and previous audits and shall be maintained and implemented by the organisation.

INTERNAL AUDITOR At Northwest Petroleum & Gas Company Limited

Senior BP executives have also been ambitious in exploration and production endeavors while showing indifference towards engineering excellence and maintenance budgets. Retrieved 19 Junefrom: Other environmental considerations include air quality, physical and ecological impacts and demands on water and other resources.

BP slams McGladrey's tab for Gulf oil spill audit

Internal audit programme The internal audit programme could have as objectives the evaluation of the compliance of the OSH management system with the occupational safety and health standard system levelto review and evaluate the performance and effectiveness of the OSH system operational levelto analyse compliance capability of the organisation to legal requirements compliance audit or to some particular aspects record management and documentation, incident management.

BP plc believes that the government and the industry are both responsible in resolving climate change.

Auditing, reviewing and certifying occupational safety and health management systems

An organization like Total Nigeria limited Enugu that has so may district branch offices through the state ad because of this they need the service of many people who are not supervised directly. Auditors — qualifications and abilities The audit is performed by an audit team, which can be formed by one or more individuals having specific competencies, abilities and experience in activities, audit criteria and audit techniques.

​​​Governance and Internal Audit Lessons From the BP Situation

But later in the united States, it is the recognized duty of the auditor to make physical stock checks — that is stocktaking — this duty having been imposed upon him after much defalcations as took place in the cause of MC Kesson V Robin whereby fictitious records affecting purchases, sales and stocks enabled various responsible officials working in collusion to overstate the assets on the balance sheet by somedollars.

Actual Identity Balmer and Greyser noted that actual identity is shaped by different elements such as corporate ownership, leadership style, organisational structure, business activities, markets covered, quality of products and services as well as the values held by the management and the employees Balmer and Greyser, While funds are acquired externally, BP plc also mobilised financially in the inside.

Since operating an oil company is too risky a venture, British Petroleum embarked on a frenetic growth strategy through continued divestiture and merger and acquisition. Internal control audit, design, remediation, and implementation Third-party contractual compliance services Compliance review and monitoring services Internal audit services in preparation for capital raising or IPO Internal audit and internal controls support for acquisitions Foreign Corrupt Practices Act FCPA compliance IT audit and support services Chinese companies seeking to list in the U.

BP plc particularly support a price for carbon provided that there will be uncertainties in the continued planning and making investment in low-carbon solutions unless the consumers and producers will recognise a pay a carbon price.

ILO Inspection The flag state periodically checks the working and living conditions of the crew on board. Audit generally means an on-site audit. The cost of the inventory and the selling prices have been adequately valued Or First university degree plus 13 years post qualification relevant qualitative work experience of which 4 must have been at management level, preferably in an international commercial organization.

The identification and the selection of the techniques would entirely depend upon the judgement and the experience of the auditor.

However policy unfolds, substantial investment will be required to provide the energy of the future. The account balances in the accounts of the purchases, inventories and the cost of the goods sold must be compared with that of the previous years.

Third, how to meet this demand in a way that is affordable and enables economic development. The findings and conclusions of internal audits having as the objective to review and evaluate the performance and effectiveness of occupational safety and health management systems are used to define new objectives for the OSH management system or to adopt measures for continual improvement of the system.

As you complete your Tasks you build a record of your compliance efforts that can be used during an audit or a management review.

As such, the government shall set an appropriate policy framework and the companies shall invest within that framework for the purpose of delivering a sustainable energy mix.

While BP plc is publicly affirming its commitment to investing in alternative energy sources minimally, in reality, majority of its investment is devoted to fossil fuels Monbiot, An OSH management system auditor shall have knowledge and abilities in the following fields: Policy-makers and energy providers also need to manage the environmental impacts of energy production and consumption.

The control procedures that are used by an auditor is the blend of the physical examination of the goods, observation and inquiry.

The dates of the inventory observations must be taken in the record 2. As a source for ideas for your own research if properly referenced 3. Preliminary audit plan assessing internal control risk: Risk Assessments and Internal Control.

Inquiring about the observation of the internal controls that have no audit trail 3. For BP, supporting the transition to a low-carbon economy has several dimensions.

The audit should ensure that an important part of the main activities is sampled and the relevant personnel are interviewed, otherwise the audit conducting to false conclusions. Share information and coordinate activities with other internal and external providers of relevant assurance and consulting services to ensure proper coverage and minimize duplication of efforts.

Subscribe to the ERM Newsletter. All the documents must be supported by the relevant transactions and the other such events so as to gain an understanding of the knowledge regarding whether the internal controls operate effectively and efficiently 2.

In the absence of standard containing similar guidelines for auditors of OSH management system, these elements are established by each certification body or organisation applying OSH audits, according to its own rules and procedure.

Toxic Corporate Culture The concept of enterprise risk management is founded upon a tone at the top set by executives who believe in and support a corporate culture that raises awareness about key risks and how to handle them throughout the organization.

Audit & Risk Committee

The gross margin at the level of the financial statements and by the product line 4. An auditor must use the combination or two or more techniques and must ensure that the techniques include the narrative descriptions, questionnaires, checklists and the flow charts.

Jobs at BP

The combination of the easy-to-use technology, photos, audio and document attachments, frequent updates of audit protocols and the advanced reporting tools distinguish Nimonik Audit Protocols from other software solutions or Excel- and Word-based audits.

• Multiple audits of internal controls and internal business processes on multiple engagements and providing feedback and suggestions to clients. • Compiling reports at all stages of the audit from the detailed audit plans to the audit committee report upon Internal Audit BP.

Past Experience internal audit Over 1 year of experience head of external audit. GUPCO is a joint venture between British Petroleum & the Egyptian Government. GUPCO called “the school” as the majority of the ministers of petroleum & leaders of petroleum sector form Sr.

Tax accountant at GUPCO. Average salaries for BP Internal Audit: $, BP salary trends based on salaries posted anonymously by BP employees. Explore career and job opportunities at BP now and apply online. Search Results for group audit | Careers at BP Skip Navigation Skip to Search Results Skip to Search Filters.

View Reyna Cabrera’s profile on LinkedIn, the world's largest professional community. Internal Audit at BP. Location Houston, Texas Area British Petroleum.

July – September Title: Business Auditor, Internal Audit. Internal Audit Intern profiles on LinkedIn Audit Manager at Karachaganak Petroleum Operating B.V.

(KPO) Head of Reporting and Audit of Internal Processes Department at HeidelbergCement. Audit manager at EY. Audit Senior at Ernst & Young Kazakhstan.

Intern at Lloyds Register Group.

Internal audit of british petroleum
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