Tag: Internal audit and control systems

The case study charts how Shakti Foundation for Disadvantaged Women utilized technology to address the challenge of offering a customer-centric savings product for low-income segments while managing associated risks.

This Note highlights the advantages of using the Score-based Audit tool, the types of audit tools to be used, designing a methodology and the procedure to use it.

In this note, Microfinance is all about managing operations and risk, and therefore requires an efficient monitoring system. IT-based MIS is can therefore significantly enhance the capability of internal auditors.

The Risk Management Booklet is the fourth publication under the (OPE) Series. This Booklet is a compendium of MicroSave’s BNs and IFNs which focus on wide range of opportunities, issues-challenges.

The note provides a practical approach, based on COSO framework, for small/ medium MFIs to put in place an effective internal control system.

In this video series-2, Richard Turner, former Chief Credit Officer, ShoreBank, continues the session on monitoring visit by focusing on financial numbers of the enterprise and the profile of clients that the business is catering to. He adds that if 60% of the clientele is government agencies then the credit officer should review the receivables […]