Fletcher Moyo, Treasurer // Photo: Sven Kubetzko
The Evangelical Association of Malawi (EAM) is governed by a Board of Trustees and a Executive Board, all of which report to the General Assembly. The Board of Trustees serves as the legal owners and custodians of the property of EAM. The Executive Board has the management and supervision oversight. The members of these boards are mostly not staff members or their relatives. The Board of Trustee meets twice a year whereas the Executive Committee is required to meet quarterly to plan and review our programmes, approve budgets, establish policy, review the annual audit report and carry out many supervisory functions over the Secretariat.
The boards ensures that the organization is managed well, but it doesn’t manage the organization in its daily business. The General Secretary is responsible for the day to day operations of the EAM Secretariat and reports directly to the Executive Committee.
We obtain an annual audit by the independent certified accounting firm Graham Carr. It is a member of Nexia International, a worldwide network of independent accounting firms, and is a full participant in the development and activities of SOCAM and ACCA. The professional standards and ethics Graham Carr uses are developed and linked to IFAC.
Our financial statements are prepared in accordance with generally accepted accounting principles.
Use of resources and compliance with laws
To ensure that the operations of EAM are carried out and our resources are used responsible and in conformity with applicable laws and regulations we implemented appropriate controls and management.
EAM is non-partisan and independent of governments, political parties and the business sector. Bribery, corruption and conflict of interest by staff members are prohibited. We avoid everything that compromises our political and financial independence.
Participation and ownership
EAM listens carefully to the people it assists and takes their views into consideration when we make programme decisions. We provide a context that enables our beneficiaries to influence the initial assessment, the project design, the project implementation and monitoring and evaluation.
Learning and improvement
EAM believes that it is important to continually improve its performance by effectively learning from experience. We therefore monitor our performance as organization and evaluate our learning processes.