Internal Audit

This is the inner eye of LAWMA where thorough inspection is made on finances and other sundry activities.

Functions
Expenditures
Auditing of payment vouchers
Vouching,inspection of cash and purchase of materials
Checking the arithmetic accuracy of the wages preparation and ensure that salary
is prepared for staff

Revenue
Inspection of cash and cheque received to the organization by the cash office
Ensure that same is lodged to the bank daily
Check the arithmetic accuracy of the cheque and cash intake
Confirm same in the bank reconciliation monthly Preparation of revenue analysis

Store
Inspection of goods received to store
Inspection of issue out of store to user department
Random inspection of bin cards
Checking of store ledger account and ensure that records are properly kept