Institution Background
Founded in response to a global food crisis, IFAD is a specialized United Nations agency and an International Financial Institution that tackles hunger and poverty in rural communities. Since 1977, IFAD-supported projects have reached hundreds of millions of people around the world. Over the years, we have grown in scope and scale, but our mission has remained the same and is now more important than ever: Invest in rural people and empower them to improve their food security, income and resilience.
Internal Audit function
The IFAD Office of Audit and Oversight (AUO) comprises the internal auditing and investigation functions. The purpose of AUO’s internal auditing activity is to strengthen IFAD’s ability to create, protect, and sustain value by providing IFAD’s governing bodies and Management with independent, risk-based, and objective assurance, advice, insight, and foresight. It aims to enhance IFAD’s successful attainment of its objectives, its governance, risk management and control processes, its decision-making and accountability, its reputation and credibility with its stakeholders, and its ability to serve the public interest.