Only 19 of Portugal’s 308 municipalities, and none in the Algarve, have a working internal audit function, according to a study released today at the first Internal Audit Forum for Local Authorities which took place in Loures near Lisbon.
According to António Ferrador, head of Audit and Management Control at Loures council, just 74 of Portugal’s councils have an internal audit function, but of these only 19 take the trouble to use them.