EXCEL FORCE MSC BERHAD Annual Report 2020

EXCEL FORCE MSC BERHAD - ANNUAL REPORT 2020 34 INTERNAL AUDIT FUNCTIONS (CONT’D) In developing the scope of the internal audit function, the Audit Committee has satisfied that: (a) the person responsible for internal audit has relevant experience, sufficient standing and authority to enable him to discharge his functions effectively; (b) internal audit has sufficient resources and is able to access information to enable it to carry out its role effectively; and (c) the personnel assigned to undertake internal audit have the necessary competency, experience and resources to carry out the function effectively. The internal audits cover the review of the adequacy of risk management, operational controls, and compliance with established procedures, guidelines and statutory requirements. The details of internal audit functions are disclosed in the Statement on Risk Management and Internal Control in this Annual Report. During the financial year under review, the internal auditors reviewed and audited the following areas: - (a) Gap analysis on Anti-Bribery and Anti-Corruption Framework; (b) Internal control environment of Human Resources and Administration; (c) Internal control environment of Customer Services; and (d) Internal control environment of Management Information Services/Information Technology. The fee (inclusive of sales and services tax) paid to the professional firm in respect of internal audit function for the financial year ended 31 December 2020 was RM36,888.00. AUDIT COMMITTEE REPORT (CONT’D)