Affin Bank Berhad | Annual Report 2020

217 GROUP BOARD AUDIT COMMITTEE REPORT AFFIN BANK BERHAD 197501003274 (25046-T) | ANNUAL REPORT 2020 P E O P L E P R O C E S S With the usage of an automated Audit Management System, the centralisation of audit administration activities was initiated to further increase the efficiency in GIA’s workflow and process. These include the implementation of manhours tracking for productivity and monitoring of a KPI which is performance driven. Established the Strategy and Quality Unit responsible for carrying out GIA Quality Assurance Review (QAR) to maintain quality standards against global practices per Institute of Internal Auditors’ (IIA) International Professional Practice Framework (IPPF). Enhanced engagement process between GBAC and Group Board Risk Management Committee (GBRMCC) to align risk, audit activities and transformation plans to achieve common objectives. S Y S T E M / T E C H N O L O G Y Increased use of Audit Command Language (ACL) as the Computer Assisted Audit Tools and Techniques (CAATs) in audit testing and risk analysis. Acquisition of the Pentana Audit Management System (AMS) that covers end to end audit activities from annual planning, risk assessment, management of resources, management of fieldwork, repository of audit documents and corrective action tracking. Asi a n Institute Of Ch a rtered B a nkers 29 % Institute Of Intern a l Auditors 3 % Inform a tion System Audit And Control Associ a tion 11 % Intern a tion a l Centre For Educ a tion In Isl a mic Fin a nce 11 % Assici a tion Of Ch a rtered Certified Account a nts 16 % Others 3 % P R O F E S S I O N A L C E R T I F I C A T I O N