ANNUAL REPORT 2002 / 2003


ORGANISATIONAL INITIATIVES

INTERNAL AUDIT DEPARTMENT

Maintaining an Effective Control Environment

With the approval of the Audit Committee, the Internal Audit Department conducted an extensive programme of risk-based audits during the year. These covered the areas of reserve management, monetary policy management, financial sector supervision, and corporate resource management. With the MAS-BCCS integration in October 2002, the currency issuance function was included. Our value-added audit services included pre-implementation reviews of key IT infrastructure projects such as enhancements to MEPS.

 

Strategic Planning Office Currency Department Human Resources Department Corporate Services Department
Finance Department Information Technology Department Internal Audit Department Partnering the International Financial Community

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