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University Internal Auditor
University Internal Auditor: Smith Greson Masuso, MSc, MBA, CIA, FCCA, FCIS, ACMA
In 2003, Council of the University of Malawi upgraded its internal audit function to a strategic level in response to the internal auditing evolution from an inspection-focused, box-ticking process to an essential governance activity in organizations. The University appointed Mr. Smith Masuso, in the same year, to be its first University Internal Auditor (UIA).
The UIA, an accountant by profession and also holding an MSc in Audit Management and Consultancy (Birmingham City University) and Certified Internal Auditor certificate awarded by The Institute of Internal Auditors Inc., (USA). He has previously held senior executive management and audit positions in the public, private and NGO sectors before joining the University (e.g. Deputy CEO, Opportunity Bank; Acting GM, MUSCCO; and Head of Revenue, Blantyre City Council).
The UIA is a member of and collaborates with the Institutes of Internal Auditors (Malawi and USA), Society of Accountants in Malawi and Institute of Chartered Secretaries and Administrators (UK). Collaboration also extends to the Central Internal Audit Unit and the National Audit Office – the key public integrity institutions. These linkages help to ensure that the UIA is abreast with new technical developments in the field of internal auditing.