The Unit will perform the following activities:

  1. Review and report on proper control over the receipt, custody and utilization of all financial resources of the Register;
  2. Review and report on conformity with financial and operation procedures;
  3. Review and report on the correct classification and allocation of revenue and expenditure accounts;
  4. Review and report on the reliability and integrity of financial and operating data;
  5. Reviewing and reporting on the systems in place used to safeguard assets, and as appropriate, the verification of the existence of such assets;
  6. Review and report on operations or programs to ascertain whether results are consistent with established objectives and goals;
  7. Review and report on the adequacy of action by the management in response to internal audit reports;
  8. Assist management in the implementation or recommendation made by those reports and also, where appropriate, recommendation made by the controller and audit;
  9. Review and report on the adequacy of controls built into computerized systems in place in the office of the cooperative development commission;
  10. Preparing strategic audit plans;
  11. Coordinating audit programs;
  12. Conducting performance audit on appraisal of development projects;
  13. Conducting operational/value for money audits; and
  14. Institute internal control to reduce audit queries.