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Internal Audit Committee
24 April 2022 Share Tweet
State Internal Audit Committee, consisting of 7 members, was established under Public Finance Regulation (February 2017) to verify the reliability of Public Financial Statements, Public Bank Account and Public Funds operated in the name of the State along with establishing a system by which they can identify the risks (adverse effects to financial operations) in various operations of Public Offices and verify whether public properties and monies, accounting records of public properties and monies and the supporting documents of the accounting records are been maintained in accordance with the Public Finance Regulation.

The committee was formed by Minister of Finance on 28th February 2019. 

Committee members are given an allowance of MVR 1500 per sitting with a ceiling set as MVR 6000 per month.



Members of State Internal Audit Committee

  • Hassan Mohamed

    Private Sector – Chairperson

  • Ahmed Yamin

    Public Sector – Vice chairperson

  • UZ. Aminath Sana

    Ministry of Finance - Committee member

  • Aminath Naaheen Ahmed

    Ministry of Finance – Committee Member

  • Hassan Manik

    Anti-Corruption Commission – Committee Member

  • Aishath Abdhulla

    Private Sector - Committee Member

  • Mohamed Shifau Ibrahim

    Private Sector - Committee Member

  • Aishath Mohamed

    Committee Secretariat

Documents:

SIAC Annual Report 2021_v3

Guidline for Audit committees (1st Revision 21012021)

State Internal Audit Committee Charter

Competency Framework for Internal Auditors

Internal Audit Quality Assessment

SIAC Advisory