DSM2613(6) BANKING FINANCIAL INSTITUTIONS

The Institute of Internal Auditors Malaysia presents basic techniques of uncovering fraud using data analytics.

The Public Accounts Committee (PAC) serves as a financial oversight body that has power to investigate frauds by meeting for a witness statement and evidence gathering.

1. To prevent corruption, Prime Minister Anwar stresses that the government would no longer give approvals and procurements of projects without proper tender.

Examples include operational audits, enhanced audit committees, improved internal controls, implementation of fraud reporting policy, staff rotation, fraud hotlines and forensic accountants.

The Public Accounts Committee (PAC) serves as a financial oversight body that has power to investigate frauds by meeting for a witness statement and evidence gathering.

1. To prevent corruption, Prime Minister Anwar stresses that the government would no longer give approvals and procurements of projects without proper tender.