ASDP Basket Fund - Ministry Of Agriculture, Food and Cooperatives

8 Reporting requirements and auditingarrangements• Drawing up Terms of Reference for the special audit• Engaging auditors from reputable audit companies using the procurementguidelines provided in Section 6 of this manual.At the end of the special audit, the auditors are expected to feedback their findingsand recommendations in a written report and presentation to the Audit SubCommittee. Findings should specify problem areas.8.5 Auditing requirements at LGA levelInternal auditThe internal audit process in ASDP operates within the normal LGA internal auditingprocedures stipulated in the LGFM. Specifically, councils are required to to employan Internal Auditor. Although the Internal Auditor works closely with the Treasurer,he/she reports directly to the Council Director.The Internal Auditor is responsible for carrying out the review of financial and relatedsystems of the council to ensure that they are effective and efficient. Internal auditstaff prepare and submit dated reports to the Council Director for action andsubmission to LGA Finance Committee. A copy of the internal audit report shouldalways be sent to National Audit Office (NAO) within 15 days of production.The Internal Auditor must ensure that he/she prepares his/her work programme forinternal audit guidance and must make sure that a copy of the programme is sent tothe NAO.Preparation for annual auditThere is an annual audit of the ASDP. The scope of the audit covers theConsolidated Financial Statements and performance of the internal controls in placefor the programme.In addition, the programme at council level relies on the audited accounts of thecouncils. It will be the responsibility of the Council Director to forward a copy of theaudited accounts to PMO-RALG.Government of the United Republic of Tanzania74