Independence and Objectivity

To uphold the independence and objectivity of the internal audit function, IAO shall have no direct management responsibility for any of operations and activities under review.

To ensure that the objectivity and impartiality of the IAO is not adversely affected nor unduly influenced, staff members of the IAO shall not develop and/or install systems, procedures, prepare records, make management decisions, nor engage in any other activities which could be construed to compromise their independence.

IAO may perform a consultative role in making recommendations on the methods and the standard of controls to be incorporated during new system implementation. IAO also have the role as an observer and adviser on reviewing and/or enhancing governance structure, systems and procedures.