MKH Annual Report 2018

The Internal Audit Function and Its Role (Cont’d) (a) Internal Audit Work Carried Out During The Financial Year Under Review The internal audit function conducted its work based on an annual internal audit plan which was tabled before, and approved by, the Audit Committee. The main activities of work carried out by the internal audit function are set out below: (i) Conduct Of Internal Audit The internal audit function adopted a risk-based approach in identifying specific areas and processes to be covered. During the financial year under review, the internal audit function focused on selected key processes of the Group’s as follows:- Entity Key Processes Aliran Perkasa Sdn Bhd • Project management Hillpark Resources Sdn Bhd • Quality Kajang Resources Corporation Sdn Bhd • Revenue management Srijang Kemajuan Sdn Bhd Head O ce (Sales & Marketing) • Sales commission improvement • Buyer get buyer scheme • Introducer scheme Maha Usaha Sdn Bhd • Revenue management - Plaza Metro Kajang • Expenses management • Business licenses review MKH Building Materials Sdn Bhd • Procurement • Sales & receivables PT. Maju Kalimantan Hadapan • Estates - harvesting practices, field practices, store management, employment & checkroll, fixed asset management and expenses management • Main o ce - purchasing and human resources management • Mill - production, store management, oil losses analysis, crude palm oil & palm kernel dispatch, and jetty management PT. Sawit Prima Sakti • Estates - harvesting practices, field practices, store management, employment & checkroll, fixed asset management and expenses management Srijang Indah Sdn Bhd • Revenue management - Metro Point Complex • Expenses management • Business licenses review Based on the internal audit reviews carried out, the findings of the internal audit, including the recommendations to address areas of control deficiencies as well as opportunities for improvements, were discussed with Senior Management and subsequently presented to the Audit Committee. 66 MKH Berhad Annual Report 2018 AUDIT COMMITTEE REPORT