Banco Central de Cuba counts on a team of internal auditors, who are responsible for the following:

• Carry on work of advisory to the top management, aimed at achieving an aggregate value to the result and contribute to attain the institution’s objectives.
• Combat crime and diversion of the State’s resources through continuous observance in meeting the Internal Control Principles inherent to all control subsystems in execution.
• Carry on prophylactic work by presenting in each audit useful recommendations that may facilitate eradication of the causes of deficiencies reported.

The internal auditors team of Banco Central de Cuba has among its working objectives the following:

• execution of on site audits by issues, according to the approved plan,
• execution of offsite audit through the automated system in the network,
• design and updating of the Risk Matrix of each organizational unit,
• study of all procedure projects designed before being established within the Instruction Handbook of the Institution, and
• participation in the permanent commission for the destruction of bills and coins no longer eligible for circulation.

Besides the said objectives, internal auditors take part in other research tasks, oriented by the top management of the institution.