54
ASIAMEDIAGROUPBERHAD
(813137-V)
E. InternalAudit Function
SUMMARYOFACTIVITIESOF INTERNALAUDITDEPARTMENTDURINGFINANCIALYEAR
ENDED 31DECEMBER 2013
The Independent InternalAuditorperformedaudit visits toall relevantdepartmentsandsubsidiary
ona regularbasis.Theobjectivesof suchvisitsare todeterminewhetheradequatecontrolshave
been establishedand are operating in theGroup.
InternalAudit reportsare issued tohighlightanydeficiencyorfindings requiring themanagement’s
attention.Such reports includepractical andcost effective recommendationsaswell asproposed
correctiveactions tobeadoptedby themanagement.The internal audit reportsare thencirculated
to theAudit Committee for review and comments. Follow-up audits and review are then carried
out to determinewhether appropriate corrective actions have been taken by themanagement.
This statement wasmade in accordancewith a resolution of theBoard dated 29April 2014.
Audit CommitteeReport
(Cont’d)
