The Internal Audit Unit of Ministry of Transport, Malaysia was established in 1987 in accordance with Treasury Circular No. 2/1979. The Unit is headed by an Auditor Grade W54 and assisted by 16 Audit Officers, 1 Information Technology Officer and 3 Support Service staffs.
Internal Audit Unit is responsible directly to the Secretary General of the Ministry. The Unit is divided into Performance Audit Section, Financial Audit Section, Special Audit Section, Monitoring Section and Support Services Unit. In line with the General Circular Letter No. 3 Year 1988(Guidelines on the Role and Responsibility of the Ministry, the Board of Directors and Chief Executive in the Management of Statutory Bodies), Internal Audit Unit of the Ministry is also responsible towards Statutory Bodies that does not have its own Internal Audit Unit.
The execution of auditing process have been designed to suit the expansion and changes in internal Audit role especially in giving advice and adding value to the organization in line with 1PP or 1 Treasury Circular No. PS 3.1 / 2013 (Implementation of Internal Audit Unit at Ministry/Departments of Federal Government and State Government). The objective is to assist organization in evaluating and determining the effectiveness of all internal control processes and governance of the organization to achieve it established goal.
- To conduct an audit professionally in accordance with Generally Accepted Auditing Standards, and to express an opinion and audit report fairly and impartially;
- To ensure that the Annual Audit Plan is completed before 31st January of the current year;
- To present the Audit Report at the Audit Committee’s Meeting at Ministry level quarterly;
- To issue Financial Audit Report within 45 days after the execution of the audit;
- To issue Performance Audit Report within 60 days after the execution of the audit; and
- To prepare Annual Internal Audit Unit Report before 31st March of the subsequent year.
- To review the reliability and effectiveness of financial systems and internal controls at Ministry of Transport and its Departments/Agencies;
- To review the level of compliance with policies, laws, regulations and internal ministry circulars;
- To review and to ensure that organizational activities is being managed in a prudent, efficient and effective manner;
- To review and to ensure that organization’s assets and interests are safeguard against loss, fraud and abuse;
- To provide guidance and recommendations on internal controls systems, inclusive of ICT;
- To carry out internal audit functions at Federal Statutory Bodies under the Ministry in line with the General Circular Letter No. 3 Year 1998;
- To report all audit findings to the Secretary General of the Ministry and to perform follow up action against issues raised;
- To prepare Annual Audit Plan and Internal Audit Annual Report for the approval of the secretary general of the Ministry;
- To present the Internal Audit Report at the Audit Committee’s Meeting at Ministry level;
- To be the Secretariat of the Audit Committee’s Meetings at Ministry level; and
- To be the Secretariat of the Statutory Bodies under Ministry of Transport Audit Committee’s Meetings.
To assist in evaluating and determining the effectiveness of all internal control process and governance of the Ministry and all the Department and Agencies under the Ministry through systematic and disciplinary approach.