BACKGROUND

The Government of Malaysia has recommended that all its agencies must implement and enhance the Internal Audit function through General Circular No. 2 of 1993 and No. 3 of 1998. The Internal Audit Unit established is fully responsible to the Chief Executive of the Statutory Body.

At the beginning of the establishment, the University Management Meeting in February 2001 had decided that the Internal Audit Unit be placed under the administration of the Chancellery from January 2002. Beginning in 2011 the Internal Audit Unit was upgraded to the Internal Audit Division.

ROLE

Internal Audit is an independent function, which provides assurance and consulting services objectively to add value and improve the level of operations of an organization.

The objective of Internal Audit is to help an organization achieve its goals through a systematic and disciplined approach to evaluate and improve the effectiveness of controls and governance processes.

The Internal Audit Division is responsible for providing assurance and consulting services to the Vice Chancellor on the system of internal control and governance processes of his University.

The assurance provided by the Head of Internal Audit is through professional opinion on the completeness, reliability and effectiveness of the internal control system and governance process. Internal Audit is not a supplement or a replacement to management.

The responsibility for internal control to ensure that appropriate and adequate rules and procedures are established regardless of audit activities rests with management.