ONE MAS: INTEGRATED AND

COHESIVE

CONTROLS AND OPERATIONS
AUDIT ASSURANCE

The Internal Audit Department (IAD) completed an extensive program of risk-focused audits to ascertain the adequacy and effectiveness of controls and procedures across MAS' operations. It also worked with departments to identify the inherent risks and provided inputs on the key controls to be incorporated at the outset of new operations and systems. For audit efficiency and effectiveness, IAD continued to enhance its data analytic capabilities to achieve a wider audit coverage.