Internal Control Project Paper for Audit
EXECUTIVE SUMMARY
Our group was assigned to carry out the duties as internal auditor to audit the operations of the Library. We have been undergoing the task based on our objectives. We have selected TAN SRI DATO 'Sanusi Junid, International Islamic College (IIC) Gombak library. On Monday, 13 August 2012, we went to the IIC and the library management was welcomed our presence. We have interviewed Mr. Muhammad Arif Bin Osman, which is the Executive Assistants. He was very helpful in terms of delivering the information that we want for achieve our audit objectives about the library operations and completing tasks. Our objectives are to ensure the effectiveness and efficiency of internal control of library, to ensure proper segregation of duties exists within the Library Department’s and Finances Department. We also wants to ensure compliance with relevant rules and regulation about borrowing policies, to ensure that the librarian are follow the policies that provided by management. Lastly, as auditor we need to ensure that the book online borrowing system is effective. By this entire objective we already complete out assignment as an internal auditor.
INTRODUCTION 1. BACKGROUND OF INTERNATIONAL ISLAMIC COLLEGE (IIC) AND TAN SRI DATO’ SERI SANUSI JUNID LIBRARY
International Islamic College or in short, IIC, was established in the year 2000 as a private higher education institution. It is owned by IIUM, as a gateway to knowledge and erudition, is a full subsidiary of the International Islamic University Malaysia (IIUM) Holdings Sdn Bhd. IIC purports or serves to educate, train and impart noble values to young men and women who aspire, who wish, who hope to be the next generation of professionals and leaders.
The Tan Sri Dato’ Seri Sanusi Junid Library provides resources, services and other related facilities to meet the learning, teaching and research needs of students and staff of the IIC. Efforts to develop the library collection have been made to
Our group was assigned to carry out the duties as internal auditor to audit the operations of the Library. We have been undergoing the task based on our objectives. We have selected TAN SRI DATO 'Sanusi Junid, International Islamic College (IIC) Gombak library. On Monday, 13 August 2012, we went to the IIC and the library management was welcomed our presence. We have interviewed Mr. Muhammad Arif Bin Osman, which is the Executive Assistants. He was very helpful in terms of delivering the information that we want for achieve our audit objectives about the library operations and completing tasks. Our objectives are to ensure the effectiveness and efficiency of internal control of library, to ensure proper segregation of duties exists within the Library Department’s and Finances Department. We also wants to ensure compliance with relevant rules and regulation about borrowing policies, to ensure that the librarian are follow the policies that provided by management. Lastly, as auditor we need to ensure that the book online borrowing system is effective. By this entire objective we already complete out assignment as an internal auditor.
INTRODUCTION 1. BACKGROUND OF INTERNATIONAL ISLAMIC COLLEGE (IIC) AND TAN SRI DATO’ SERI SANUSI JUNID LIBRARY
International Islamic College or in short, IIC, was established in the year 2000 as a private higher education institution. It is owned by IIUM, as a gateway to knowledge and erudition, is a full subsidiary of the International Islamic University Malaysia (IIUM) Holdings Sdn Bhd. IIC purports or serves to educate, train and impart noble values to young men and women who aspire, who wish, who hope to be the next generation of professionals and leaders.
The Tan Sri Dato’ Seri Sanusi Junid Library provides resources, services and other related facilities to meet the learning, teaching and research needs of students and staff of the IIC. Efforts to develop the library collection have been made to