Audit Reports

WFP provides services on-demand to augment national capacity and support governments and the humanitarian and development community in the areas of transport and logistics, procurement, cash-based transfers, administration, infrastructure, digital solutions, and data analytics. The audit assessed the extent to which management has established governance, risk management and internal controls for the effective delivery of on-demand services to external clients. The audit covered the period from 1 January 2021 to 31 December 2023. Over this period, over half of WFP country offices provided on-demand services for a total value of USD 842 million. Based on the results of the audit, the Office of Internal Audit reached an overall conclusion of some improvement needed.

As part of its Annual Assurance Plan, the Office of Internal Audit conducted an internal audit of IT third-party risk management in WFP. The audit covered the period from 1 January 2023 to 31 December 2023. With over 163 long-term agreements with Information Technology service providers and five major private sector technological partnership agreements, third-party risk management is critical to WFP in managing risks along the life cycle of a third-party vendor, from the sourcing through the due diligence, monitoring of risks to the termination of the contract relationship. Third-party risk management outlines how an organization assesses, selects, and monitors its vendors to ensure that they meet the organization’s requirements and standards for quality, security, and compliance. Based on the results of the audit, the Office of Internal Audit has come to an overall conclusion of some improvement needed.

As part of its annual workplan, the Office of Internal Audit conducted an audit of WFP operations in Angola. The areas in the audit scope included: risk management and oversight, beneficiary management, voucher transfers, monitoring, management of cooperating partners and service provision. The audit covered the period from 1 July 2022 to 31 December 2023. Over this period, WFP expenses amounted to USD 16 million, and the office reached approximately 154,000 beneficiaries. Based on the results of the audit, the Office of Internal Audit reached an overall conclusion of major improvement needed. The assessed governance arrangements, risk management and controls were generally established and functioning, but need major improvement to provide reasonable assurance that the objectives of the audited entity/area should be achieved. Issues identified by the audit could negatively affect the achievement of the objectives of the audited entity/area. Prompt management action is required to ensure that identified risks are adequately mitigated.