Page 66 - 國合會2016電子書-英文

Figure 8 Budgeted and Actual Expenditure (2016)

Technical 7,740
Cooperation 4,929 Budgeted
Lending and 2,001 Actual
Investment 1,153
International Educa- 7,646
tion and Training 9,178
Humanitarian 2,136
Assistance 1,053
Management and 15,899
General Affairs 13,760
0 5,000 10,000 15,000 20,000
(NT$10,000)

Auditing controls, as well as the performance of projects
under implementation.
Auditing assists the Board of Directors to examine The Auditing Office of the TaiwanICDF conducted
and appraise the effectiveness of internal controls, to audits on planning and management, investment and
measure the effectiveness of operations management, lending, operations, procurement, salaries, assets,
and to identify actual or potential risks. Audits also accounting and services management based on the
provide timely suggestions for improvement, and follow- audit plan approved by the Board of Directors.
up measures are implemented accordingly so as to
safeguard the effectiveness of fund management and Implementation of Internal Controls
to ensure that operations are conducted transparently Aside from carrying out audits in accordance with
and systematically. the annual audit plan put forward and approved by
the Board of Directors, the Auditing Office also began
Key Auditing Operations to perform annual assessments of the TaiwanICDF’s
Key auditing operations at the TaiwanICDF include: internal control practices, overseas technical missions
1. Examining internal operations and determining and individual projects starting from 2013 to ensure
whether procedures have followed relevant policies, continued effectiveness of the organization’s internal
regulations and procedural guidelines. control system. This operation is conducted by
2. Examining the accuracy of financial and operational TaiwanICDF senior executives, heads of departments
information, and the security of the management of and offices, and officers and technicians stationed
capital, data and various securities. at overseas missions. Each unit conducts a self-
3. Examining whether assets at the TaiwanICDF, assessment of the effectiveness and reliability of its
overseas missions and those allocated to projects internal control practices. The report is then forwarded
are being effectively utilized and correctly itemized. to the Auditing Office for review and the results are
4. Examining whether completed operations and then presented to the Board of Directors. This auditing
projects met their intended objectives and achieved process aims to maintain continued effectiveness in
the results anticipated. the planning and implementation of the organization’s
5. Investigating projects and making onsite visits to internal control system.
overseas missions to examine the status of internal

64