Complying to regulatory body, donors, and your own procedures requirements is mandatory. We will review and provide feedback for your future use
Compliance audits are designed to assess whether a business is complying with applicable laws, regulations and contractual obligations. They can be used to identify areas where the business is at risk of non-compliance, such as fines, penalties, or damage to its reputation.
YALLP’s compliance audits are conducted by experienced and qualified auditors who deeply understand the applicable laws and regulations. We use a risk-based approach to auditing, which means that we focus our attention on the areas of the business that are most likely to have a material implication.
We help you comply with requirements of Ministry of Revenue, the Authority for Civil Society and various donors.
Our compliance audits include the following:
– Reviewing the business’s compliance policies and procedures
– Evaluating the effectiveness of the business’s compliance program
– Testing the underlying records and documents
– Performing analytical procedures
– Obtaining and evaluating evidence from management and other sources
Organizations are increasingly required to comply with requirements from donors and other stakeholders in using funds at their disposal. We help you to review compliance with donor reporting and contractual requirements by reviewing the appropriateness of:
– Control environment and activities
– Quality of donor reports
– Timeliness of donor reporting
– Knowledge management and learning to ensure action is taken where appropriate.