The Financial Data and Records Audit Unit is one of the important oversight units in the institution, responsible for reviewing and auditing financial data and accounting records to ensure their accuracy and integrity.
The unit aims to verify the validity of financial statements and reports and their compliance with approved accounting standards.
It works to ensure that all financial transactions are properly and regularly recorded in the official records.
The unit contributes to enhancing transparency and credibility in financial reports.
It reviews daily entries, the general ledger, and closing accounts.
It verifies that financial balances match the supporting documents and records.
It contributes to detecting accounting errors or cases of manipulation, if any.
It supports senior management with accurate financial information to help with decision-making.
It works to evaluate the efficiency of internal financial control systems.
It contributes to ensuring compliance with applicable financial and accounting laws and instructions.
It follows up on the proper safekeeping and archiving of financial records according to approved procedures.
It coordinates with the financial and accounting departments to address identified observations.
It prepares periodic audit reports containing findings and recommendations.
It helps improve the institution's financial and administrative performance.
It contributes to reducing financial and operational risks.
It works to raise the level of financial discipline within the institution.
It maintains the confidentiality of the data and information it reviews.
It supports internal and external audit requirements.
It contributes to enhancing confidence in financial data among regulatory bodies.
And it plays a fundamental role in ensuring the soundness of the institution's financial position.
