STRENGTHENING GOVERNANCE AND PUBLIC FUNDS EFFICIENCY | INTERNAL AUDIT DEPARTMENT
» NEWS » STRENGTHENING GOVERNANCE AND PUBLIC FUNDS EFFICIENCY

STRENGTHENING GOVERNANCE AND PUBLIC FUNDS EFFICIENCY

The news was prepared by: Mohd Faiz Suparman.

February 6, 2025, PUTRAJAYA - The Internal Audit Division of UPM attended the Launch Ceremony of the Government Companies Audit Implementation, which was officially launched by YAB Dato' Seri Anwar bin Ibrahim, Prime Minister, at the Putrajaya International Convention Centre (PICC).

 

The National Audit Department (JAN) has introduced a new initiative, the e-SelfAudit System, for auditing Government Companies, and this system was developed internally by JAN. Four new audit guidelines have been issued by the Auditor General, consisting of the Government Companies Management Guidelines, Audit Follow-Up Guidelines, Follow The Public Money Audit (FPMA) Guidelines, and the National Audit Certificate Guidelines on Financial Statements.

 

The Prime Minister also stated that the audits to be conducted aim to address governance issues identified in companies, such as CEOs failing to fulfill their responsibilities in supervising company operations, leading to continuous losses, and including weaknesses in monitoring performance indicator reports and company strategic plans.

Also present at the event were the Minister in the Prime Minister's Department (Law and Institutional Reform), Datuk Seri Azalina Othman Said, YBhg. Tan Sri Shamsul Azri bin Abu Bakar, Chief Secretary to the Government; YBhg. Tan Sri Wan Ahmad Dahlan bin Haji Abdul Aziz, Director General of Public Services; and YBhg. Datuk Johan Mahmood Merican, Secretary General of the Treasury.

 

Date of Input: 09/02/2025 | Updated: 11/02/2025 | faiz_suparman

MEDIA SHARING

INTERNAL AUDIT DEPARTMENT
Universiti Putra Malaysia
43400 UPM Serdang
Selangor Darul Ehsan
03-9769 1346
03-9769 6176
S, (08:17:26pm-08:22:26pm, 02 Mar 2026)   [*LIVETIMESTAMP*]