Asia Media Group Berhad Annual Report 2014
57
AUDIT COMMITTEE REPORT
(Cont’d)
E. Internal Audit Function
SUMMARYOFACTIVITIES OF INTERNALAUDIT DEPARTMENT DURING FINANCIALYEAR
ENDED 31 DECEMBER 2014
The Independent Internal Auditor performed audit visits to all relevant departments and subsidiary
on a regular basis. The objectives of such visits are to determine whether adequate controls
have been established and are operating in the Group.
Internal Audit reports are issued to highlight any deficiency or findings requiring the management’s
attention. Such reports include practical and cost effective recommendations as well as proposed
corrective actions to be adopted by the management. The internal audit reports are then circulated
to the Audit Committee for review and comments. Follow-up audits and review are then carried
out to determine whether appropriate corrective actions have been taken by the management.
This statement was made in accordance with a resolution of the Board dated 13 May 2015.
