KUALA LUMPUR: In a fast changing business environment, pre-planned internal audit frameworks can become irrelevant while the failure to capture current key events could cause material disruption for companies.
Securities Commission (SC) deputy chief executive Datuk Nik Ramlah Mahmood said at the 2012 National Conference on Internal Auditing that a flexible framework which allowed audit plans to be revised swiftly could increase the relevance of internal audit functions.
