AUDIT
Accountability & Audit
An auditor is a person or authorized professional responsible for examining financial records, accounts, transactions, supporting documentation and relevant financial processes to help determine whether records are properly maintained and whether financial activities are consistent with applicable rules and approved procedures.
LEADERSHIP
Office holder
GENERAL AUDITOR
Mrs Yetunde Adejare
Biography and contact: Information to be updated by IMC Administration.
RESPONSIBILITIES
Functions
Financial Accountability
Support financial accountability across IMC structures.
Transparency
Support transparency in cooperative financial activity.
Proper Record Keeping
Support proper maintenance of financial records.
Branch Account Auditing
The society may audit branch accounts after six months.
Verification
Verify financial records and supporting documentation.
Discrepancies
Identify discrepancies in records and transactions.
Internal Control Review
Review internal financial controls.
Reporting
Prepare or coordinate approved audit reports.
Governance Oversight
Support governance oversight and responsible stewardship.
LIMITS & SAFEGUARDS
Operating boundaries
- Audit statuses may be recorded as Pending, In Review, Passed or Requires Administrative Review. Audit results and certificates are issued only by IMC Administration.
FUTURE SYSTEM
Planned administrative dashboard
Coming Soon — This feature will be activated by IMC Administration.