Committees
IIAM Committees with roles & responsibilities.
Executive Committee - EXCO
Roles & Responsibilities
• Review operational issues with regards to the execution of action plans by following departments: Membership, Certification & Academic Relations, Professional Development, Research & Technical Educational Product, Finance and Corporate Services;
• Recommend or revise guidelines or policies pertaining to the administration of the IIAM;
• Review the performance of the Secretariat so as to maintain a high standard of performance in the daily administration of the IIAM.
Audit Committee - AC
Roles & Responsibilities
• The committee is to assist the Board in fulfilling its fiduciary responsibilities, specifically:
• To appoint and remove external/internal auditors;
• To review the annual financial statements;
• To review the effectiveness of the risk management and internal control system of the IIAM.
Disciplinary Committee - DC
Roles & Responsibilities
• Disciplinary Committee comprises a chairperson (designated) and other Governors who would be appointed to address any disciplinary matters pertaining to member’s misconduct as they arise. A specific terms of reference was adopted by the Board to ensure the Committee is independent and has direct reporting to the Board.
Nomination & Remuneration Committee - NRC
Roles & Responsibilities
Disciplinary Committee comprises a chairperson (designated) and other Governors who would be appointed to address any disciplinary matters pertaining to member’s misconduct as they arise. A specific terms of reference was adopted by the Board to ensure the Committee is independent and has direct reporting to the Board.
Certification & Academic Relations Committee - CARC
Roles & Responsibilities
Promote the Certified Internal Auditor (CIA) certification as the only professional qualification for internal auditors, internal audit education partnership with local institutions of higher learning and specialty certification programmes promoted by the IIAM as the recognised certifications for practitioners.
Professional Development Committee -PDC
Roles & Responsibilities
Oversees the overall professional development plans of the IIAM such as the training programmes, workshops and conferences that are planned for each year.
Professional Services Committee - PSC
Roles & Responsibilities
• To ensure that the services accorded to members are relevant;
• To create more awareness on the benefits and services of the IIAM; and
• To increase the number of individual, corporate and
audit committee members of the IIAM towards
increasing the standards of the internal audit
profession.
Research & Technical Advisory Committee - RTAC
Roles & Responsibilities
Oversee the development of the profession and the
trend through the support of research grants accorded
for researches relating to governance, risk and control.
The RTAC also ensures that articles which are relevant to
the profession are collated and broadcasted to the
members through the e-techline or other publications.