نظام الهيئة العامة للأوقاف باللغة الإنجليزية

1. The Committee shall comprise the following; a) a representative from the Ministry of Interior with a rank not lower than grade 13; b) two specialists in accounting; c) two specialists in management and performance measurement; d) a legal specialist. 2. The formation decision shall specify the chairman and vice-chairman of the Committee from among its members. 3. Membership of the Committee shall be for a term of three years, renewable once. 4. The Committee shall have a secretariat with sufficient staff. 5. The Committee shall draft the regulations that govern monitoring and auditing as well as the rights and duties of its members and staff, to be approved by the Board. Law of the General Authority of Endowments The Monitoring and Internal Auditing Committee aims to protect the Authority’s funds and assets; ensure the integrity and effectiveness of internal control as well as the provision of accurate and complete financial statements and accounting records; ensure the effectiveness and adequacy of administrative and financial operations in a manner that achieves optimal utilization of available resources; and verify compliance with laws, regulations, instructions, policies, and plans. The Monitoring and Auditing Regulations shall detail the powers entrusted by the Board to the Committee.