“An independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic disciplined approach to evaluate and improve the effectiveness of risk management, control and governance process.”
MISSION:
The mission is to assist management in monitoring risk management processes, governance and internal controls, Internal audit is an integral part of the MMDA’s structure.
FUNCTIONS:
- Establish risk-based audit plans to determine the priorities of the audit activities consistent with the part of the district.
- Develop and implement process to require compliance with internal auditing standards and goals of the district.
- Develop and implement processes to facilitate the successful execution of strategic plan of the district.
- Modify the appropriate mix of resources (financial, human, tools, etc.) to support the effective and efficient implementation of the annual audit plan.
- Monitor to ensure audit activities (planning, fieldwork, reporting, follow-up and others) are performed in efficiently and in accordance with the requirements of the IAA.
- Adopt and maintain a Quality Assurance and Improvement Programme (QAIP) that is in accordance of the IAA.
- Monitor the timely and efficient execution of internal audit activities.