Internal audit department of BRAC and BRAC International is headed by the Director, Internal Audit. With professional experience of more than 18 years in internal control system, assurance, accounting, compliance management, risk management, income tax and legal affairs, Director ensures the delivery of responsibilities that IAD of BRAC and BRAC International has been entrusted with.
Currently IAD is empowered with a total of 282 permanent staff of which 239 works under BRAC and 43 works under BRAC International. Most of IAD staff has professional accounting and auditing background. A considerable number of senior officials of IAD are members of professional bodies like ICAB, IIA, ACCA and ISACA.
|Total number of staff||239||43|
|Number of staff with professional accounting and auditing background||145||18|
|Staff with one or more membership of professional bodies from the following:||23||9|
|Institute of Internal Auditors, Bangladesh (IIAB)||13||2|
|Institute of Chartered Accountants of Bangladesh (ICAB)||3||1|
|Institute of Chartered Accountants in England and Wales (ICAEW)||1||-|
|Association of Chartered Certified Accountants (ACCA)||5||4|
|Certified Public Accountant (CPA) -Tanzania||-||3|
|IICFIP (International Institute of Certified Forensic and Investigative Audit Professionals)||-||1|
|Information Systems Audit and Control Association (ISACA)||1||1|
|ISO/IEC 27001 Lead Auditor||3||-|
Internal Audit Department of BRAC and BRAC International(BI) is committed to assist BRAC and BRAC International by providing an independent appraisal within BRAC and BRAC International to determine the appropriateness, soundness and adequacy of the organisations' accounting, financial and operational controls. These appraisals provide information and recommendations to stakeholders. In addition to the formal and regular audits, we are happy to answer questions and give advice regarding specific policies and procedures and act as consultants on internal controls.
We hope this site will provide you with helpful information regarding the Internal Audit Department and our functions. Please feel free to contact us if you have any questions, suggestions, or comments.
Internal Audit Charter
Internal Audit Charter provides the framework of internal audit procedures in BRAC and BRAC International. This has been approved by the Chairperson of BRAC and by the Finance and Audit Committee of BRAC. The Charter primarily aims to define and establish the following elements for Internal Audit Department (IAD) of BRAC and BRAC International:
To know more about internal audit charter of BRAC and BRAC International, you may download the Internal Audit Charter from the following link:
Core Functions of Internal Audit Department
If you have any question, suggestion, comment or need further assistance, please feel free to contract -
Office of Director
Internal Audit Department, BRAC and BRAC International
75, Mohakhali, Dhaka-1212, Bangladesh
Tel: 88 02 2222 81265, Fax: 88 02 2222 63542
BRAC's internal control system is designed to get reasonable assurance about effectiveness and efficiency of operations, reliability of financial data and compliance of applicable rules, regulations and procedures. Management's integrity, attitude, actions, and ethical values help raise consciousness control among the staff. BRAC management believes that controls are important to achieve the objectives and to communicate its view to staff at all levels. Clear policies and procedures, documentation process, table of authority, segregation of staff duties, supervision and accountability have made the organisation transparent. Considering the internal control a continuous process BRAC periodically reviews and modifies the system in the changing circumstances. At the top of its control mechanism, there exists the willingness of BRAC governing body to ensure internal control and transparency.
BRAC became a full charter member of the INGO Accountability Charter in December 2013. The INGO Accountability Charter was incorporated in 2008. It is registered as a company in the UK and having its secretariat in Berlin, Germany. The objective is to create and develop a charter relating to the accountability of non-governmental organisations. At present there are 26 full charter members. Please visit the link to the Charter website for details: http://www.ingoaccountabilitycharter.org.
The Accountability Reports submitted by BRAC are available in the website of INGO Accountability Charter at this link: http://www.ingoaccountabilitycharter.org/home/charter-members/brac.
Child Protection Policy:
In December 2010, BRAC's governing board adopted the following child protection policy,
BRAC Child Protection Policy
Gender Policy: BRAC promotes gender equity and equality within the organisation. To provide the right direction and guidelines to all BRAC staff, BRAC has implemented Gender Policy and Sexual Harassment Elimination Policy,
BRAC Gender Policy
BRAC Sexual Harassment Elimination Policy
BRAC has for over forty years made the safety of the participants of its programmes as well as the safety of the employees of its programmes and enterprises of paramount importance in the way it has conducted its (anti-poverty) work.
BRAC Safeguarding Policy
Memorandum of Association: Memorandum of Association - BRAC (Revised in 2013)
7th October 2014
11 November 2014
26 January 2015