Strengthening Internal Control and Effective Management Information System
The course on strengthening internal control and effective management information system provides guidelines for establishing operational activities that assist the MFI in identifying vulnerabilities, designing and implementing controls and monitoring the effectiveness of controls. The strengthening of internal control is linked with the MFI management information system. It also highlights problem resolution as a means for risk management and internal control. Topics to be discussed include understanding management information system and the importance of microfinance reports. Finally, the difference between internal control and internal audit will be discussed and how these will be implemented and facilitated in different organizations.