INTERNAL CONTROL AND RISK MANAGEMENT

There are two separate units under this and those are Audit & Compliance and Monitoring & Evaluation. The Audit & Compliance unit is currently lead by one Sub Assistant Director and there are a total of 37 members in this unit. The Monitoring & Evaluation unit is currently lead by one Senior Assistant Director and there are a total of 12 members under this unit. The Chief of both Audit & Compliance and Monitoring & Evaluation unit is reportable to the Deputy Executive Director of Executive Secretariat who ultimately supervise the units with the prior consent of the Executive Director.

Key Activities of Internal Control & Risk Management

• Authentication of the validity of all financial records, reports and statistics.

• Ensuring standard accounting practices in the organization.

• Verify all purchase of the organization, track record of disposal of the assets of the organization and update management about efficient use of the assets.

• Prevention and early detection of fraud, corruption etc.

• Compliance with applicable law and regulation.

• Undertake special investigations when required by the management.

• Monitor implementation of field activities, reporting and guide management to increase project implementation quality.