ONE MAS: INTEGRATED AND

COHESIVE

CONTROLS AND OPERATIONS
AUDIT ASSURANCE

During the year, the Internal Audit Department (IAD) conducted an extensive program of risk-focused audits to provide audit assurance and ascertain the efficacy of operational processes and controls. It launched an information portal to create greater awareness among staff on new and emerging risks, and deepen stakeholders' engagement and collaboration. IAD also continued to leverage technology solutions to enhance audit processes and strengthen its data analytics capabilities to attain a wider audit coverage and more in-depth analysis. In 2015, it will be conducting an internal Quality Assurance Review to ensure that its audit practices continue to be in line with the established standards.