Page 147 - Bank-Muamalat-Annual-Report-2021

ANNUAL REPORT 2021 145
SUSTAINABILITY STATEMENT OUR GOVERNANCE OUR NUMBERS OTHER INFORMATION

Key Internal Audit Activities

Key activities by Internal Audit in 2021 are as follows:

01 02

Developed and presented to the BAC a Prepared and presented the proposed Key
risk-based Annual Audit Plan and its Revision Performance Indicators of Internal Audit in
for 2021. the Balanced Scorecard of the Chief Internal
Auditor for 2021 to the BAC.
03 04
Key
Conducted audit and investigation engagements Monitored and presented the progress of
and communicated the reports to the BAC and Internal remedial action plans by Management to the
Management. BAC.
Audit
05 Activities 06

Presented the new Internal Audit Policy, Prepared and presented the write-up on the
and revised Board Audit Committee Charter Statement of Internal Control for inclusion in the
and Internal Audit Charter to the BAC and Bank's Annual Report FY2020 to the BAC.
subsequently to the Board.

07 08

Conducted and communicated the periodic Presented relevant analyses and information on
internal quality assessment review reports on the Internal Audit performance metrics to the
Internal Audit activity to the BAC. BAC.

09 10

Organised a briefing session on the IPPF by the IIA Appointed the Institute of Internal Auditors
Malaysia for the Board to align and better discharge Malaysia to conduct an External Quality
its oversight and governance function. Assessment Review on the Internal Audit
activity.