GVR INTERNAL AUDIT

PLAN
 REAL PEOPLE INTERNAL AUDIT
PLAN
The internal audit function performed by KKCO East Africa will help
ensure Real People:
 Risks are appropriately identified and managed
 Significant financial, managerial and operating information is
accurate, reliable and timely.
 Resources are used effectively and adequately safeguarded.
 Real People operations are transacted in accordance with sufficient
internal controls, good business judgment and high ethical
standards.
 Quality and continuous improvement are fostered in AATF’s internal
control processes.
 Value for money in terms of effectiveness and efficiency.
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 REAL PEOPLE INTERNAL AUDIT PLAN
 We have been provided the risk matrix for Real People and have taken into
account their inherent risk within the framework. The inherent risk based on
our understanding of the inherent risks indicated in the risk matrix are as
follows:
 Key to Rating:

Very high/Extreme (E) Immediate action required to actively manage risk

and limit exposure.
Cost/benefit analysis required to assess extent to
High (H) which risk should be treated/ monitored to ensure
risk does not adversely change over time.
Constant/regular monitoring required to ensure risk
Medium (M) exposure is managed effectively, disruptions
minimized and outcomes monitored.
Effectively manage through routine procedures and
Low (L) appropriate internal controls.
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 REAL PEOPLE INTERNAL AUDIT PLAN
The following stratification will be used to rate the significance of the overall
report.
 Key to Rating:

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 Risk Rating Categorization

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 AREA OF FOCUS
2016 – Second half 2017 – First half 2017 - Second half

 Governance,  Human Resource  Finance

strategic and  Sales and marketing  Technology/IT
reputational risk cycle  Procurement
 Finance  Loan products/credit  Regulation and
 Procurement risk compliance
 Cash  Overall review of the  Uganda and
management risk framework, Tanzania IA
 Security policies and matrix  Cash
 Uganda and  Review of previous Management
Tanzania IA on agreed actions  Review of
all key areas. previous agreed
 Review of actions.
previous agreed
6 actions
 IA Plan

Completion &
Fieldwork Reporting
Pre-engagement
Transition 2 weeks 1st Draft for
Meetings
management
(1 days) ( 10 days)
comments
(5 days)