Internal Audit Unit
Our Functions
- To determine the reliability and effectiveness of the financial records and internal control system
- To review the level of compliance with stipulated laws, regulations and current policies
- To review whether the programs and activities implemented by MIDA are carried out efficiently, effectively and economically
- To review the records of the MIDA’s asset management and interests are protected against loss, fraud and breach of trust
- To advise and give opinions on the internal control for all systems including the ICT
- To report the audit findings to the MIDA Audit Committee and Chief Executive Officer and monitor the follow-up actions taken by the management against the issues raised
- To prepare the Annual Audit Plan and Annual Internal Audit Report for the approval of the MIDA Audit Committee and Chief Executive Officer
- To present the Annual Audit Plan and Annual Internal Audit Report to the Audit Committee Meeting
