Insurance (Financial)

Objectives:
1. To assess the effectiveness and efficiency of financial systems and controls in place, including those related to payment processing, budgeting, and record keeping.
2. To assess the effectiveness and efficiency of the program management including program planning, risk management, policies and procedures and human resource management.

Audit standards (best practices) for the Bank Reconciliations line of inquiry

As the Jamati Institutions continue to invest in technology for programme delivery, the Grants
and Review Board (GRB) under the auspices of the Department of Jamati Institutions (DJI)
has conducted a desktop review and interviews of subject matter experts to understand the
elements that make transitioning existing training and educational programs to an online
platform effective and how to create a learning environment that can be adapted to meet the
needs of a global Jamat.