Internal Audit & Business Advisory Services Ltd

Internal Audit & Business Advisory Services Ltd Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Internal Audit & Business Advisory Services Ltd, Business consultant, BuduaMakana Estate Taurama Valley, Port Moresby.

Internal Audit & Business Advisory Services (IABASL) is a Papua New Guinea–based professional consulting firm in internal audit, enterprise risk management, governance, compliance, and institutional capacity building across the public sector,

We are pleased to announce that **Internal Audit & Business Advisory Services** is working in collaboration with our tec...
17/03/2026

We are pleased to announce that **Internal Audit & Business Advisory Services** is working in collaboration with our technology partner to introduce the **Automated Payslip Disbursement System** to Government Departments, Statutory Authorities, and State-Owned Enterprises in Papua New Guinea.

This secure and efficient solution allows payroll teams to automatically distribute employee payslips from one payroll file directly to individual staff emails — safely, accurately, and without manual processing.

✅ Fully automated payslip distribution
✅ Secure and confidential delivery
✅ Reduced printing and administration costs
✅ Supports paperless and audit-compliant operations
✅ Ideal for large Government payroll environments

Government agencies interested in improving payroll efficiency are welcome to contact us for a demonstration or a **FREE one-month trial**.

📧 [[email protected]](mailto:[email protected])
📱 7245 3000 / 8252 1796

28/01/2026
Our core services.
28/01/2026

Our core services.

Strengthening Provincial Governance in Papua New Guinea. 🇵🇬
28/01/2026

Strengthening Provincial Governance in Papua New Guinea. 🇵🇬

Talk to us today or book an appointment for your internal audit or governance issues.
26/01/2026

Talk to us today or book an appointment for your internal audit or governance issues.

03/02/2025

A Tribute to a Great Friend, Sir J, Farewell

03rd February 2025

It was on a hot Port Moresby day in September 2019, at around 12 midday I got a call from renowned Papua New Guinean motivational speaker, strategist and executive, it was Mr. Jerry Wemin, who had known me in our time as Independent Members of Department of Works Internal Audit Committee from 2014 to 2015. He was the Chairperson, and I was his deputy.

He said, would you be interested in a short-term role with the New Ireland Provincial Government? I was unemployed and looking for opportunities and this was like music to my ears. I agreed instantly. Mr. Wemin told me to go meet a person by the name of Dr. Mako Kwimb at the Fly River Haus, Gordons at 2pm. Dr. Mako Kwimb is PNG’s finest legal expert in Mineral Resource law. He was instrumental in drafting key legislations in our mining law in our country. After this meeting, I signed a two weeks contract to help do an audit of the New Ireland Provincial Government Accounts.

On the morning of Wednesday 9th October 2019, I was called by Dr. Kwimb to make my way to Parliament to meet up with Sir Julius Chan. You know, I was anxious, exited and also confident to finally meet this great man, one of the founding father’s of our nation, second prime minister and two time Prime Minister was truly a defining moment in my life. Growing up in Simbu and attending the Kundiawa Luthern Day High School, I had the opportunity to saw him every morning taking a walk from Kundiawa Town to Gon Hill and back when he brought the entire Cabinet to Simbu for its NEC Meeting in 1994. On Sunday he attended a local SP Intercity game between the Simbu Warriors and the Mendi Muruks. So to be called up by this great person to meet him and to work for him was truly an honour.

Later on, I was again asked to do another major audit into the accounts of the New Ireland Provincial Government in early 2024 as there were serious issues of fraud, abuse and theft of public funds. I had the opportunity to bring my wife and colleague Mr. Elvis Rumints to meet Sir Julius in his beautifully oval office in Kavieng, New Ireland Province. He personally showed us around the Niu Ailan Government Haus. Upon completion of the work, Sir J asked me and Mr. Rumints to present the final report to its full Provincial Executive Council (PEC) on 9th July 2024. He chaired the meeting and agreed on the report and its recommendations.

He later established a separate committee to ensure the findings of the report is carried out offenders put behind bars. Sir J does not tolerate corruption, abuse and theft of public funds. The committee comprises of our very own Simbu intellects in Dr. John Tonar (his long time Physician for over 20 years), Dr. Peter Ga’allah Kora, Maimai David Motsy (former advisor to Kavieng’s favourite son late Ben Micah) and myself.

As we farewell him today to Kavieng and onto his resting place in Huris, I want to challenge our leaders and future leaders as well.

Our leaders must put our people and nation and dedicate their aspirations and dreams for a greater Papua New Guinea to the Almighty God. Our LORD created man in his image and leaders play a special role as stewards of a nation’s resource and its people. Leadership is about the people.

PNGs national budgets and development plans must aspire to make Papua New Guineans great in every area, something our forefathers like Somare, Chan, Okuk, Guise, Nombri, Lapun, Sali, Momis, Kaputin, Rarua, Mekere, Lepani, Namaliu, and others believed and promoted in their lifetimes. Although times have changed, the concept of loving and looking after the people hasn’t changed.

Papua New Guinea is blessed with so many intellects and natural resources that can propel it to another level not within the next 50 years but within the next 10 years.

The demise of Sir Julius Chan closes the last chapter of our colonial era where they fought for political independence and nationhood that we enjoyed today.

The next chapter of our country starting in the eve of our country’s 50th Independence Celebrations must be about “ECONOMIC INDEPENDENCE”. Our days of relying on foreigners expertise and aid must end. Our leaders must ask God for the wisdom and knowledge to help them devise the “Economic Strategy” and Roadmap that will lead us out of Egypt and into the PROMISE LAND.

I believe we have the perfect blueprint in two key areas that will change this country. Firstly, PNG must strive to enhance Foreign Direct Investment (FDIs) through the concept of Special Economic Zones (SEZs). Furthermore, the PNG Stock Exchange (PNGX) must now play an active role for aspiring investors and business man and woman to access capital for growth and advancement. We must not be spectators in our own land.

Our leaders secondly must make capital easily available through our commercial banks and financial institutions to support small to medium enterprises (SMEs). SMEs play a vital role in nation’s journey to economic independence. Further, our government must support the conversion of land to bankable land where it can be used for accessing capital for development, job creation and improvement of life.

Jobs and contracts must be equitably shared and meritocracy must be the key corner stone for appointments. If PNG is to progress, there must be unity, without it, this country will disintegrate into a state of anarchy and destruction. All of us have a role to play and leaders must now follow the leadership style of Somare and Chan to charter a new chapter and destiny for our country.

May the soul of Sir Julius Chan Rest in Eternal Peace.

Stanley Wasi
Consultant to New Ireland Provincial Government

Assisting Governor Sir J in conducting a special investigation into the accounts of the New Ireland Provincial Governmen...
09/12/2024

Assisting Governor Sir J in conducting a special investigation into the accounts of the New Ireland Provincial Government.

The New Ireland Provincial Government has set its foot down to rid of corruption within its administration. It has engaged a private auditor to conduct an internal audit of the Provincial books.

To read more: https://www.looppng.com/png-news/independent-auditors-audit-provincial-books-124579

09/12/2024

Progress of Audit Report

The New Ireland Provincial Government has sought help of a taskforce team to advise and assist effect recommendations of a special investigation audit into the accounts of the New Ireland Provincial Government.

This follows findings from the audit report alleging misappropriation by thirteen public servants of the New Ireland Administration including senior public servants.

The audit sanctioned by the PEC Investigated Regular Cash Expenditures between the period 2021,2022, 2023, up to May 2024.

The audit report showed serious weakness in important internal controls and compliance measures and further revealed abuse and misuse that alleged fraud committed by senior executives and public servants.

Sir J said PEC was concerned about excessive unauthorized expenditures showing in the monthly cash position reports to the Government.

Alleged fraud committed in various forms including, approving, facilitating and making payments to their own private business, misappropriating cash advances, submitting false claims for refunds and abuse of teachers leave fares.

The audit report also revealed that payments relating to fuel, stationeries and mobile phones indicated a trend of abuse and misappropriation in collusion with suppliers.

Governor Sir J said the Taskforce team has commenced legal action on the recommendations of the audit.

The Governor has signaled Public Servants in New Ireland to uphold their oath in office and to serve the people with honesty and integrity.

“My Government needs the support of the people of New Ireland, business houses and contractors to monitor honestly and get New Ireland back to a reliable and honest Administration providing reliable service to the people.”

NIPG Media Unit

Address

BuduaMakana Estate Taurama Valley
Port Moresby
111

Opening Hours

Monday 08:00 - 16:00
Tuesday 08:00 - 16:00
Wednesday 08:00 - 16:00
Thursday 08:00 - 16:00
Friday 08:00 - 16:00

Telephone

+67579740333

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