East African Business Week

KIGALI, RWANDA-East African Community (EAC) secretariat should strengthen the internal audit system by making it independent and recruiting more staff.
"Lack of independence, limited staff and lack of authorized manuals has led to the community's internal audit system being compromised because it cannot perform its function well," said the chairperson of the East African Legislative Assembly (EALA) committee on accounts Benard Mulengani. "As a result the internal audit system operates in a manner that is inconsistent with international audit standards benchmarks," he in a report of the committee that was adopted by the assembly in Kigali, Rwanda last week.
He said over the last four years the accounts committee has expressed concern in weak internal controls and poor resource management. "The assembly has on several occasions directed that the internal audit function be strengthened as in its present from is impacting negatively on the internal controls," he said. "That is why the committee on accounts decided to carry out an oversight assessment of the internal audit function of the EAC organs and institutions including EALA, EACJ, Secretariat and the Lake Victoria Basin Commission."