Office of Internal Audit, Compliance and Risk Management

The Office of Internal Audit, Compliance and Risk Management (IACRM) is part of the Tanzania Red Cross Society (TRCS) Supportive unit. The IACRM is an independent function which oversees the effectiveness of the organization's risk management and internal control systems.

The purpose of the IACRM is established through its charter. The charter sets out IACRM's mission, mandate, authority and responsibilities. The IACRM`s mission is:

“to provide high quality audit services that gives management reasonable assurance on the effectiveness of the TRCS's internal control environment and to act as an agent for change by making recommendations for continual improvement, thus providing assurance and assistance to management and staff in the effective discharge of their responsibilities and the achievement of the TRCS’s mission and goals.”

The scope of IACRM covers all programmes, operations and activities of the TRCS.

Investigations

Investigations are performed in relation to allegations of fraud, misconduct or other wrongdoings that involve TRCS staff, fund or operations. A preventative element is included within the scope of the investigations function. This includes increasing the TRCS's fraud prevention awareness, and to promote a zero tolerance culture in relation to inappropriate behaviour. 

The TRCS's fraud and corruption prevention and control policy outlines the organization's approach, including the investigation procedures that will be followed should fraud or corruption be detected.

An independent whistleblowing hotline is available to report any possible breaches such as corruption, fraud, dishonesty, harassment, sexual violence and abuse, unethical behaviour and abuse of child labour. Information can be directed through the independent Unit Please Visit:-

https://trcs.or.tz/index.php/en/get-involved/whistleblower or  ifrc(at)safecall.co.uk or by filling directly a complaint at www.safecall.co.uk/file-a-report.

Your information wil remein Confidential and secure 

Coordination of external audits

The IACRM coordinates the process of external audits of TRCS funding. External audits include the annual consolidated audit of the TRCS's financial statements as well as audits of appeals and of specific partner funding.

Quality assurance and professional standards

The internal audit function of IACRM is guided by the Institute of Internal Auditors' (IIA) mandatory guidance including the definition of internal auditing, the code of ethics and the international standards for the professional practice of internal auditing. The IACRM performs its audit work with due professional care and in accordance with best practice recommended by the IIA.

The investigation function of IACRM is guided by the Association of Certified Fraud Examiners (ACFE) code of professional standards. The IACRM`s investigation work is of an administrative nature. Findings are established by a preponderance of credible and substantive evidence following an in-depth analysis of evidences gathered.

Report disclosure

The purpose of an internal audit is to identify issues for management to address and therefore the primary audience is internal. In some cases, the reports may include sensitive information and this information will be excluded from reports which are shared with the public. Disclosure restrictions are elaborated in the TRCS`s information disclosure policy. 

The annual consolidated external audit report will be disclosed following the approval by the relevant TRCS governance functions, within six months following the period being audited.

Investigation reports are not publicly disclosed.

Use of reports and queries

The use of information contained in internal audit reports will be subject to the TRCS disclaimer. The TRCS will not respond to public queries in relation to audit reports.