70 Annual Report 2021 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 (Business Development Department) • Sourcing of new land, projects and business • Profit margins for completed/on-going projects • Land bank management • Safekeeping of land title documents, joint venture agreements and other related documents Head Office (Contract Management) • Tender committee • Tendering and awarding • Final account sum Temara Pekeliling Sdn. Bhd. • Overall Project Progress • Non-Conformance Report (NCR) and Defects Rectification • Quality Assurance & Quality Control (QAQC) • Hand over vacant possession (HOVP) • Completed units’ quality - pre handover Laju Jaya Sdn. Bhd. - RHR Hotel Kajang • Hotel Performance - Occupancy, Room, Banquet, Event & F&B revenue • Front Office • Food and beverages • Sales and marketing • Purchasing/tender • Repair and maintenance • Housekeeping • Store management • Accounts & Finance (Account Receivable, Account Payable, Casual workers payment and Bank Reconciliation) • Operation system IT general controls Hillpark Resources Sdn. Bhd. • Overall Project Progress, Progress Reporting and Contractor’s Performance • Building Materials Management • Non-Conformance Report (NCR) and Site Memo • Completed units’ quality - pre handover • Compliance to Project Quality Plan (PQP) Audit Committee Report
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