The Order of the Minister of Economy and Finance has approved the Regulations on the Procedure for Evaluating the Effectiveness of Internal Audit Service Employees in State Authorities and Organizations (reg. № 3583 dated December 12, 2024)..
The regulations govern the procedure for conducting evaluations, incentives, and maintaining a performance rating of internal audit services (hereinafter referred to as the Service) in state authorities and organizations.
The effectiveness of a Service employee is evaluated by their supervisor on a quarterly basis. The Ministry of Economy and Finance continuously reviews the accuracy of the evaluations conducted.
The most important indicators of an employee's effectiveness in the Service are:
- results from preventing violations of budget legislation and remote monitoring (from information databases);
- conducting planned internal audit activities;
- implementation of recommendations by the Service employee by the audited entities.
Based on the calculated effectiveness indicators, the overall effectiveness score of the employee is assessed as follows:
- up to 56% – unsatisfactory;
- from 56% to 71% – satisfactory;
- from 71% to 86% – good;
- above 86% – excellent.
The evaluation results are taken into account when maintaining the employee's rating.
Employees rated "good" and "excellent" may receive incentives.
The document has been published in the National Database of Legislation and will come into effect on January 1, 2025.
Sabir Nurberdiev