• Working together towards a better future since 1975

Overview

The Audit Division has been playing a key role in ensuring transparency and accountability of microcredit and other operations of BEES. The department was initiated in 1997 with a four-member team and 35 BEES branches. The Division is led by the Director who reports directly to the Executive Director. There was a business plan for auditing all branches all branches. Monthly audit feedback meetings are regularly held under the chairmanship of the Executive Director with the participation of departmental heads and team leaders, to inform and make decisions on various audit issues that were gathered from internal auditing. The auditors also conducted briefing and closing meetings during the branch auditing. A strong follow-up system has been developed for solving the audit findings and closing the audit files. In fact, BEES is transforming internal auditing to be a great learning experience for the staff of branch and family offices and its members.

Goal

To make sure BEES’s microcredit and other activities are transparent and accountable.

Objectives

To help the BEES branches to achieve self-sufficiency and operational efficiency and to track and document the achievement status of double bottom lines of BEES i.e. ensuring agriculture, health, education, social and financial services to the community at family offices and ensuring economic sustainability of the organization transparently. Client and Staff protection principles are strictly followed in this respect.

Core Services

The core activities of this division are as follows:

  • Perform audits of branch, samity offices, units, programs, funds etc.
  • Document the achievement status of double bottom lines of BEES
  • Advice and ensure economic sustainability and transparency of the organization.
  • Ensure asset protection of the organization