What is Governance?

Governance is a system that aims at enhancing an institution’s performance, raising its competitiveness, improving its capability to face threats as well as strengthen its credibility and its partners’ confidence.

Tkyiet Um Ali applies the principles of governance in its work procedures and policies, as the Board of Directors ensures that the executive management’s performance is of the organization’s standards.

Governance in TUA is based on:

 

Supervision

Tkiyet Um Ali’s Board of Directors oversees the management and staff who serve beneficiaries and facilitate the donors’ and volunteers’ contributions to benefit the community in the best way possible.

The Board of Directors ensures public policies and goals are achieved. The Board also sets, examines and evaluates the strategic plan, and ensures the efficiency of the organization’s internal audit and risk management systems, as well as ensuring that the annual report is published in time so that it can be approved by the General Assembly.

 

Auditing

Due to the importance of auditing reports’ results, they go through several stages to be prepared. The internal auditor of Internal Monitoring and Auditing Committee ensures the conformity of the procedures and financial reports with the applied regulations in the organization. 

The stages also include an external audit firm, appointed to audit TUA’s annual financial statements and publishes its financial report.

 

Transparency

Tkiyet Um Ali values the full and clear disclosure of its operative information and financial statements. The audit committee reviews the financial data that include the auditor's report, balance sheet and income statement, along with the expenses and income statements. After the approval of those statements and report, TUA publishes its annual report on its website and distributes it to its partners.  

 

Efficiency 

Tkiyet Um Ali is keen to achieve the agreed objectives inefficiency, it evaluates its employees and assesses the organizational structure and assigns clear job descriptions for all the staff. Also, TUA follows its policies and procedures which are regularly reviewed. All those procedures are updated in accordance with the work requirements.

All of TUA’s policies are aimed at protecting, its employees, partners, and beneficiaries, these policies include; equality, non-discrimination, internal auditing, disclosure, and innovation and creativity, in addition to other policies. 

TUA’s adherence to high governance plays a huge role in boosting its credibility and transparency, and helps achieve the objectives, ensures the implementation of its strategy as to achieve long term continuity and sustainability.