AU Watch’ funding comes from a variety of sources, including fundraising, membership fees, project research, foundation grants, conferences fees and publication sales.
- capital appeals
- Major donor development
- Corporate partnerships
- Partner Funding
- Donor Funding
- Sponsors of Particular Projects
OUR WORKING PRACTICE
The Finance, Human Resources and Audit Program role is to administer and ensure compliance with the organizations financial rules and regulations, as well as budgetary and accounting policies and procedures for the smooth running of programs. The Directorate has three divisions: Financial Management, Human Resources and Audit.
The Finance, Human Resources and Audit Program is responsible to:
- Draw up the budget of the organization.
- Develop and implement policies, rules and regulations for the effective use of budgetary programs and funds.
- Monitor implementation of programs against the allocated budget.
- Report on the organization’s expenditure.
- Manage and report on human resource and audit matters.
The Directorate has custody of all funds, property and evidence of indebtedness of the organization. It receives and give receipts and acquittance for moneys paid in on account of the organization, and pays out of the funds on hand all bills, payrolls, and other just debts of organization, of whatever nature, upon maturity.The Directorate enters regularly in books to be kept by its officers for that purpose, full and accurate accounts of all monies received and paid out on account of the organization and performs all other duties incident to the office of finance department and as may be prescribed by the Governing Council.
The Directorate is also responsible for supervising the audit functions of the organization, ensuring that the organization’s rules and procedures in place are effective. Its role is to undertake internal audits, investigations and inspections as well as evaluations of the adequacy and effectiveness of internal control systems and operational activities, including liaising with external auditors. The Directorate issues annual and periodic reports and makes recommendations aimed at improving internal control and organizational efficiency and effectiveness. It submits reports on each activity audited to the Strategic Leadership Group and the Governing Council.
For more information on Finance, Human Resources and Audit Committee and its Directorate and what you can do to assist the team, please email: [email protected].