MKH Annual Report 2020

69 MKH BERHAD The Internal Audit Function and Its Role (Cont’d) (a) Internal Audit Work Carried Out During The Financial Year Under Review (Cont’d) (i) Conduct Of Internal Audit (Cont’d) Entity Key Processes Head Office (Project Management Department) • Safety section Srijang Kemajuan Sdn. Bhd. • Overall Project Progress, Project Reporting and Contractor’s Performance • Compliance to Authority’s Laws and Regulation, PQP and Safety and health • Non-Compliance Report (NCR) and Defects Rectification • Variation Orders • Building Material Management • Contract Management • Overall Project cost against approved budget • Accounts Payable Laju Jaya Sdn. Bhd. - RHR Hotel Kajang • Hotel Performance - Occupancy, Room, Event & F&B revenue • Front Office • Food & Beverage • Housekeeping • Store Management • Accounts & Finance (Account Receivable, Account Payable, Casual workers payment and Bank Reconciliation) • Operation system IT general controls 1. Alif Mesra Sdn. Bhd. 2. Stand Allied Corporation Sdn. Bhd. • Overall Project Progress, Progress Reporting and Contractor’s Performance • Contract Management • Building Materials Management • Non-Conformance Report (NCR) and Site Memo • Variation Order and Progress Payment to Contractor and Consultant • Compliance to Project Quality Plan (PQP) and Project Safety Plan (PSP) Suria Villa Sdn. Bhd. • Overall Project Progress • Non-Conformance Report (NCR) and Defect Rectification • Completed unit’s quality – Pre-handover • Handing Over Vacant Possession (HOVP) 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. Audit Committee Report