Malaysia’s Ibrahim proposes audit enhancements

bank-negara-malaysia-pic-2

Companies' internal audit function has become both more important and more arduous amid a series of scandals and a regulatory clampdown, and it needs to adapt, Bank Negara Malaysia governor Muhammad bin Ibrahim said on August 16.

Speaking at an audit forum held at one of the central bank's training venues, Ibrahim urged auditors to adopt a "holistic" approach to examining risk areas, including identifying new risks and assessing the threat posed by unlikely but potentially damaging tail risks.

H

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: