Internal Audit Unit

Mission Statement

The mission of the IAU is to assist management in monitoring risk management processes, governance and internal controls. Internal audit is an integral part of the MMDA’s structure.
Using the knowledge, experience and professional judgment, the IAU facilitates the strengthening of the internal control environment in the MMDAs by furnishing management with the following:

On-going risk assessments;
Constructive analysis and recommendations;
Reliable opinions; and
Reports to management and the ARIC on adequacy of internal controls, the accuracy, reliability and propriety of transactions, the extent to which assets are accounted for and safeguarded, and the level of compliance with institutional policies, laws and regulations.

Definition of Internal Auditing

The Institute of Internal Auditors (IIA) Standards define internal auditing as:
“… An independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. It helps an organisation accomplish its objectives by bringing a systematic disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes”.

Head of Internal Audit Unit

The Head of Internal Audit reports functionally to the Presiding Member and the Audit Report Implementation Committee and administratively to the Coordinating Director and the Chief Executive of the MMDA. Internal Audit reports are covered by a transmittal letter.

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Mission Statement

Definition of Internal Auditing

Head of Internal Audit Unit

2015 Quarterly Internal Audit Reports

2016 Quarterly Internal Audit Reports

2017 Quarterly Internal Audit Reports

2018 Quarterly Internal Audit Reports

2019 Quarterly Internal Audit Reports

2020 Quarterly Internal Audit Reports

2022 Quarterly Internal Audit Reports